China firm allegedly shipped through Mexico to avoid tariff

CNBC – U.S. executives are reportedly squabbling with a Chinese company over a pile of aluminum sitting in a remote desert region of Mexico. The U.S. Commerce Department was investigating the aluminum hoard, which was once estimated to be worth about $2 billion. The agency received complaints that alleged China Zhongwang Holdings was dodging U.S. tariffs by exporting its aluminum to Mexico before shipping it to the United States, a process also known as transshipping.

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