U.S. Importers and a Network of Chinese Shell Companies funneled Goods through: Indonesia, South Korea, and Vietnam, to Repackage Products and Avoid Tariffs. U.S. Customs and Border Protection (CBP) has Busted up a Duty-Evasion Ring attempting to Evade Trump’s (R) Tariffs.
The CBP uncovered over $400 million in Unpaid Trade Duties through Investigations Permitted under the Enforce and Protect Act (EAPA), a Tactic used to Police and Stop Illegal Transshipments and other Methods aimed at Defrauding the U.S. Government. That Figure is expected to Rise as the Investigation Deepens.
"CBP’s EAPA Program is a Critical Component of our Trade Enforcement Efforts. We’re working tirelessly to Prevent Evasion and Ensure a Level playing Field for U.S. Companies," said Rodney Scott (R), CBP Commissioner. "Our mission, under the leadership of President Trump, is to support economic fairness, protect domestic industry, and uphold the integrity of U.S. supply chains" according to a Release Detailing the Sting.
One of the Operations had Boots on the Ground in Taiwan and Indonesia, to look at Mattress Factories and found that there was No Production going on. Additionally, over Half, or $250 million, came from a Network of 23 Chinese Shell Companies which Funneled Repackaged Goods, as if they were made in Asian Nations, including: Indonesia, South Korea, and Vietnam, to Avoid Tariffs.
"Never before has CBP identified this many importers evading AD/CVD in a single consolidated EAPA investigation," said Susan S. Thomas (R), Acting Executive Assistant Commissioner for CBP’s Office of Trade. "The revenue identified for collection exceeds $250 million, but this figure may increase as we uncover additional importers in the scheme."
Another 89 Cases have been Flagged for "Suspicion of Duty Evasion," the Department Reports.
Investigations into Transshipping are Ongoing, the CBP says Monetary Recovery likely to grow beyond $400 million.
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