It's really unexpected that not only are the enterprises in our country finding ways to deal with the situation, but also American enterprises are helping find ways to bypass Trump's tariff. If the American people use their brains, they can completely go to Canada to buy Chinese goods. On April 23, the Financial Times of the UK reported that some third-party sellers of large American retailers such as Amazon and Walmart are stockpiling goods imported from China in Canadian warehouses, waiting for the Sino-US tariff storm to subside.
Why are these large American retailers doing this? The direct reason is that the additional tariffs imposed by the US on China are too high. These retailers expect Trump to likely compromise, so they have pre-stored goods in Canada, waiting for the US to lower tariffs before transporting them back to the US for sale. Moreover, Canada's policies are very friendly, meaning that if sellers export the goods within four years, they can apply for a reduction or refund of Canadian tariffs.
Data from Flexport, an American logistics group, shows that in the past week, the volume of goods shipped from China to Canada has increased by 50%. This proves that while our enterprises are trying to find ways to engage in transit trade during Trump's tariff increase, American enterprises are also trying to engage in transit trade. This once again proves that Trump's initiation of the tariff war is essentially increasing the difficulty of normal trade.
However, seeing what American retailers are doing, it makes one think bigger. If the American people use their brains, they can completely buy Chinese goods from Canada. In fact, American citizens do not need a visa to stay in Canada for 180 days. When American citizens bring items purchased from Canada back to the US, they can enjoy tax-free limits up to $800. Even if taxes are paid, they are much lower than the tariffs the US imposes on China.
Therefore, American citizens can directly go to Canada to shop. Enterprises and individuals with foresight can fully seize opportunities to engage in transit trade. Don't forget, the US-Canada border is known as the longest undefended border in the world. The fact proves that there are many articles to be written to bypass America's tariffs. If Americans are willing to engage in transit trade to buy Chinese goods from Canada, Trump might find it hard to stop them.
Original article: https://www.toutiao.com/article/1830169485600777/
Disclaimer: The article represents the views of the author alone.