Chinese exporters undervalue cargo to skirt Trump tariffs

Contributing sentiments towards policy:

62% : A government report in 2008 found that the Department of Justice rarely pursued cases of fraud by "foreign importers of record", because "it is unlikely that collection actions based upon delinquent duties can be successfully brought in [a] foreign court".
48% : The paper suggested that the US government "either require foreign importers of record (IORs) to make cash deposits far in excess of established duty rates at the time of entry" or "require IORs to register sufficient US assets to ensure timely payment of duties".
47% : " Businesses such as Rubin's, which have reported such approaches to US Customs and Border Protection, are concerned that competitors are accepting the deals, leaving law-abiding companies at a disadvantage.
43% : Louisiana Senator Bill Cassidy, who has long campaigned for customs reform, said the government needed to "give CBP the tools to properly police shipments coming from China".
34% : " The owner of a California-based food manufacturer, who asked not to be named, said one Chinese supplier "offered to change the cogs on invoices to help me evade tariffs" soon after Trump rolled out the increased duties.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.