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US trans-shipment tariff to create major compliance issues
The 40 per cent trans-shipment tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for sectors like machinery, electrical equipment and semiconductors, Moody's Ratings said on Tuesday.
In July 31, US President Donald Trump announced a 40 per cent tariff on goods deemed to have been transshipped, beyond the broader country-level tariffs.
Uploaded by: Rediff Video Desk on Tue, 21 Oct 2025 15:28:24 +0530
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