South Korea joint military drills

The Trump White House accused China on Thursday of using third countries to disguise the origin of exports and evade U.S. tariffs, estimating the practice costs Washington $19 billion to $26 billion in tariff revenue annually. While the administration released a 25-page report titled “The Great Transshipment Scam,” industry experts argue that the tariffs themselves have created a powerful incentive for such evasion. Ryan Petersen, CEO of supply chain management platform Flexport, stated that the high tariff rates drive companies to find ways around them. “The tariffs have created a huge incentive,” Petersen said. “If your tariff was 0%, there’s…