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Trump Tariffs Slash Chinese Goods' Declared Value by 40%

4/7/2026

29 6 Full Breakdown

Summary

Story summary

U.S. President Donald Trump implemented tariffs on China that reduced the average declared value of goods in 20-foot containers from China by nearly 40% from January 2025 to February 2026.
Experts say some companies are reducing the declared value of their shipments to lower tariff costs.
Some firms have shifted to suppliers in Vietnam and Mexico.
Others use tactics such as legal accounting tricks or fraud to lower reported values.

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Story summary

U.S. President Donald Trump implemented tariffs on China that reduced the average declared value of goods in 20-foot containers from China by nearly 40% from January 2025 to February 2026.
Experts say some companies are reducing the declared value of their shipments to lower tariff costs.
Some firms have shifted to suppliers in Vietnam and Mexico.
Others use tactics such as legal accounting tricks or fraud to lower reported values.