Friday, July 25, 2025

Creating liberating content

India’s foreign exchange reserves declined by $1.183 billion to $695.489

Related News

The Atal Pension Yojana (APY), the Centre’s flagship social security scheme aimed at unorganised sector workers, has surpassed 8 crore total gross enrolments, the Finance Ministry said on Friday. The

Gold rate today: Gold prices fell for the second consecutive session on Friday, dropping Rs 500 to Rs 99,120 per 10 grams in Delhi’s bullion market amid easing global trade

India’s foreign exchange reserves declined by $1.183 billion to $695.489 billion during the week ended July 18, according to data released by the Reserve Bank of India (RBI) on Friday.This

India was unable to secure a carve-out from the UK’s upcoming carbon tax regime under the newly signed Free Trade Agreement (FTA), a shortcoming that could hurt Indian exports of

Access Denied You don’t have permission to access ” on this server. Reference #18.4cfdd417.1753443154.2a4eadc Source link

Pharmaceutical major Cipla posted a 10% year-on-year increase in consolidated net profit at Rs 1,298 crore for the quarter ended June 30, 2025, aided by solid demand in domestic and

Trending News

The Atal Pension Yojana (APY), the Centre’s flagship social security scheme aimed at unorganised sector workers, has surpassed 8 crore total gross enrolments, the Finance Ministry said on Friday. The

Access Denied You don’t have permission to access ” on this server. Reference #18.4cfdd417.1753443154.2a4eadc Source link

Pharmaceutical major Cipla posted a 10% year-on-year increase in consolidated net profit at Rs 1,298 crore for the quarter ended June 30, 2025, aided by solid demand in domestic and

India has reached its target of blending 20% ethanol with petrol five years ahead of schedule, according to the Indian Sugar & Bio-energy Manufacturers Association (ISMA).This marks a major leap

Alphabet Inc.’s strong earnings on Wednesday added to its explosive rally since early 2023, pushing its market value up by over $1 trillion and delivering a 120% return to investors.The

Asian markets opened lower on Friday, ending their longest winning streak since January, as investor sentiment took a hit amid growing uncertainty over potential US Federal Reserve rate cuts. Shares

How ‘origin washing’ is helping Chinese exporters dodge Trump tariffs

Word Count: 639 | Estimated Reading Time: 4 minutes


How 'origin washing' is helping Chinese exporters dodge Trump tariffs

Chinese exporters are increasingly utilizing “origin washing” tactics to circumvent hefty US tariffs, according to a report by Radio Free Asia (RFA). These tactics are being promoted via Chinese social media platforms, offering methods to bypass tariffs by re-exporting goods or misrepresenting manufacturing locations.Promotional videos on platforms like Xiaohongshu (RedNote) and Douyin (the Chinese version of TikTok) highlight businesses offering services that help exporters reroute goods through Southeast Asia, including countries such as Vietnam and Thailand. This is seen as a way to avoid the growing restrictions on exports passing through these regions, as reported by RFA.Taiwanese entrepreneur Lee Meng-chu explained in an interview with RFA that Chinese manufacturers dependent on the US market are increasingly seeking alternative transit options to avoid the 145 percent tariffs on Chinese goods.Freight forwarders and customs agents have become crucial in this process, helping to handle documentation, customs clearance, and certificates of origin. As demand for these services grows, their fees are also expected to rise. Some freight forwarders are reportedly assisting exporters in altering or repacking containers to obscure the products’ origins.In response to the growing issue, Vietnam has stepped up its inspections to detect fraudulent origin certificates, while Thailand has intensified its efforts to verify the origins of goods being exported to the US to prevent tariff evasion.US law requires that imported goods undergo “substantial transformation” before they can be legally labeled as originating from a new country. Initially, many Chinese producers attempted to move their manufacturing operations to Southeast Asia or other low-cost regions, as noted by Sun Kuo-Hsiang, a professor at the University of South China’s Department of International Affairs and Business.Despite heightened oversight of certificates of origin in both the US and Europe, authorities are struggling to keep pace with the number of businesses promoting “origin washing” services on social media, according to the RFA report.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account