India in the Crosshairs of a Global Tariff Game The latest salvo in the US China trade war has landed on Indian soil, with Washington warning that our country could become a conduit for Chinese goods seeking to avoid American tariffs.
The White House Office of Trade and Manufacturing Policy has flagged India among over 40 countries at risk of facilitating tariff evasion through "transshipment," a practice where goods are routed through third countries to obscure their origin and avoid taxes.
At first glance, the issue may seem complex, but it reveals a tale of economic desperation beneath the surface.