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Transshipment penalties:
- The new trade policy also establishes a 40% additional penalty on so-called transshipments. Those are goods that are shipped from a high-tariff country to a low-tariff country and then re-shipped to the US.
- The US already imposes penalties and fines for goods that Customs and Border Protection agents deem to be transshipped. The 40% will come on top of that, a senior administration official said.