Chinese Exporters Undervaluing Cargo to Evade U.S. Tariffs | Business Matters (May 6)

It’s illegal, but some Chinese exporters are exploiting a workaround – to evade the new U-S tariffs. An exporter offers to send goods to a U-S company with “delivery duties paid” and covers the costs of tariffs.  The supplier would then deliberately undervalue the goods or change descriptions to reduce duties owed. This was detailed in offers from Chinese suppliers – that were reviewed by the Financial Times.