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US Companies Use Subsidiaries To Avoid The Worst Of Trump's Trade War

2018-11-23 0 Dailymotion

According to Business Insider, American companies may be finding an ingenious way to skirt around the tariffs imposed by President Donald Trump on importing Chinese goods.<br />UBS's Paul Donovan said some US firms are likely funneling imports from China through other foreign subsidiaries.<br />This allows them to import products from China, but without having to pay the 25% tariffs levied on imports from the country. <br />

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