US fines companies exporting goods via Chinese SEZ in Cambodia
Posted: Thu Jun 20, 2019 5:23 pm
US fines companies exporting goods via Cambodia to dodge Trump’s trade war tariffs on China
The companies were located in a Chinese-owned special economic zone in Cambodia, said a US embassy official.
China is Cambodia’s biggest aid donor and investor, pouring in billions of dollars in development assistance and loans through the Belt and Road Initiative
By South China Morning Post -
June 20, 2019
The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump’s tariffs on Chinese imports, a US embassy official said on Wednesday.
“The Department of Homeland Security has inspected and fined a number of companies for evading tariffs in the United States by routing goods through Cambodia,” US embassy spokesman Arend Zwartjes said in an emailed statement.
“These companies are located in Cambodia’s Sihanoukville Special Economic Zone,” said Zwartjes, who did not name or say how many companies had been fined for avoiding the tariffs, how large the fines were, or what goods the companies had been exporting.
In full: https://www.scmp.com/news/asia/southeas ... dge-trumps
The companies were located in a Chinese-owned special economic zone in Cambodia, said a US embassy official.
China is Cambodia’s biggest aid donor and investor, pouring in billions of dollars in development assistance and loans through the Belt and Road Initiative
By South China Morning Post -
June 20, 2019
The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump’s tariffs on Chinese imports, a US embassy official said on Wednesday.
“The Department of Homeland Security has inspected and fined a number of companies for evading tariffs in the United States by routing goods through Cambodia,” US embassy spokesman Arend Zwartjes said in an emailed statement.
“These companies are located in Cambodia’s Sihanoukville Special Economic Zone,” said Zwartjes, who did not name or say how many companies had been fined for avoiding the tariffs, how large the fines were, or what goods the companies had been exporting.
In full: https://www.scmp.com/news/asia/southeas ... dge-trumps