Goldman Sachs warns US tariff revenue could fall $40 billion short of expectations as companies increasingly use transshipment and underreporting to evade new import duties.
#YonhapInfomax #GoldmanSachs #TariffRevenue #Transshipment #USImports #EvasionTactics #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83390
Goldman Sachs - US Tariff Revenue Could Fall $40 Billion Below Expectations Due to Evasion Tactics

Goldman Sachs warns US tariff revenue could fall $40 billion short of expectations as companies increasingly use transshipment and underreporting to evade new import duties.

Yonhap Infomax
South Korea's Q2 port data shows export cargo to the US fell 8.4% year-on-year, driving a 0.6% drop in total trade volume, while transshipment activity increased.
#YonhapInfomax #ExportVolume #UnitedStates #Transshipment #PortThroughput #MinistryOfOceansAndFisheries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74268
US-Bound Exports Down 8.4% in Q2—Total Trade Volume Falls 0.6%

South Korea's Q2 port data shows export cargo to the US fell 8.4% year-on-year, driving a 0.6% drop in total trade volume, while transshipment activity increased.

Yonhap Infomax
Are #GDP forecasts reliable?
"Federation of #Thai Industries called te 14.9% YOY surge in #exports during te first 5 months of 2025 "inconsistent with reality" given tt te #Manufacturing Production Index increased only marginally. Such export growth's likely to stem fr #transshipment, w #Thailand used as transit pt for goods exported to 3rd countries, especially #US, which surged by 27% for te period.. #imports fr #China increased by 29%. FTI called for stronger measures"
https://www.bangkokpost.com/business/general/3067190/are-gdp-forecasts-reliable-an-examination-of-models

#Trump is so against #Trans that it impacted his judgement about #InternationalTrade 😋 #TransShipment

Businesses worry that “transshipment” is a politicised term, and that if the US defines it too broadly, many goods could be unfairly targeted.

https://www.theguardian.com/world/2025/jul/07/vietnam-trump-tariff-deal

Is Trump tariff deal really a win for Vietnam – or a way of punishing China?

US exports account for third of Vietnam’s GDP and 40% tariff on so-called transshipments – products with Chinese input – means uncertainty for manufacturers

The Guardian
Why the Great Nicobar project could spell doom for the island’s unique fauna

Experts say measures taken to mitigate harm to the animals represent only a “bare minimum”.

Scroll.in

Who owns reefer vessels? Uncovering fisheries transshipment ecosystem
https://www.science.org/doi/10.1126/sciadv.adn3874

* central barrier to effect. gov./accountability in fisheries: limited transparency of corporate ownership
* Russia, China respect. control 26, 20% global reefer fleet
* suggests consid. leverage for enhancing transparency/governance
* transshipment: https://en.wikipedia.org/wiki/Transshipment
* transfer of catches/fuel/parts/crew betw. reefers: fishing/cargo vessels

#corporations #transshipment #ReeferVessels #fisheries