The Vietnamese government has intercepted $4.3 billion of Chinese aluminum that had been relabelled for onward export to the U.S. to evade tariffs, local press reports have stated. Closing down transshipments is a vital part of the Vietnamese government’s strategy to avoid a wider imposition of tariffs by the U.S. While China’s exports of basic aluminum products to the U.S. fell 48.3% year over year in the 12 months to Aug. 31, those from Vietnam also dropped by 21.9%. In any event Vietnamese shipments in total were only worth $71 million in the past 12 months – the fraud could have take...
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