The Financial Times reports that Chinese are taking a page right out of the Trump book of loopholes to make a mockery of Trump Tariffs.

Chinese exporters ‘wash’ products in third countries to avoid Donald Trump’s tariffs

I’m reminded of how American cars still end up in Russia.

In September 2023, the Georgian Revenue Service announced that, in line with the then latest Western sanctions against Russia, it was restricting the re-export and transit of automobiles imported from the US or Europe to Russia and Belarus.

And Georgian officials have long denied that the country has been complicit in aiding Russia’s evasion of the trade embargoes.

Yet a recent investigation by Georgian media publication IFact showed numerous loopholes exploited by an army of car dealers on both sides of the Russian-Georgian border.