New Delhi, Oct. 21 -- America's new tariffs on transshipped goods could disrupt Asia-Pacific supply chains, including India's, jolting production networks deeply linked to China and worsening export compliance challenges for South-East Asian nations, Moody's Ratings cautioned on Tuesday.
In a report titled 'Trade: Asia-Pacific', the US focus on origin of imports increases risks for Asia-Pacific supply chains, the New York-headquartered organization said. The reciprocal tariffs announced by US President Donald Trump apply to goods deemed to have been rerouted through third countries to evade country-specific duties, effectively introducing a two-tier trade regime.
While Washington has not clearly defined "transshipment," the measure appe...
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