SEOUL -- Chinese companies are increasingly shipping U.S.-bound goods to South Korea and then fraudulently exporting them as South Korean products in order to avoid steep American tariffs on imports from China, authorities here have found.
South Korea reports spike in fraudulent practice ahead of trade talks with US
Chinese companies are looking for ways around the 145% duties that the U.S. has slapped on imports from China. © Reuters
SEOUL -- Chinese companies are increasingly shipping U.S.-bound goods to South Korea and then fraudulently exporting them as South Korean products in order to avoid steep American tariffs on imports from China, authorities here have found.