US automakers breathe easier as Trump eases tariffs on foreign components
US automakers are set for a reprieve after the White House claimed it would ease ...
Forwarders are warning shippers not to under-declare the value of goods they export to the US as they look to mitigate the cost of tariffs.
In recent weeks, The Loadstar has heard from forwarders about a spike in questions from shippers about the feasibility of under-declaring US-destined goods, with similar requests being seen on platforms like LinkedIn.
One forwarder told The Loadstar, the response to a shipper enquiring about under-declaration would simply be: “Don’t do it.”
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