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Ryan Petersen: U.S. trade fraud rises as Chinese exports exceed declared values by $112 billion

Ryan Petersen: U.S. trade fraud rises as Chinese exports exceed declared values by $112 billion
Trade fraud grows in U.S.-China commerce

Ryan Petersen reports that 11% of U.S. trade has turned fraudulent since the introduction of Liberation day, which created strong incentives for tariff evasion.

According to Petersen, Chinese exporters are declaring the value of their U.S. exports to the Chinese government at $112 billion higher than the value recorded with the U.S. government. This discrepancy highlights the scale of fraudulent activity in cross-border trade between the two countries.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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