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. ...