China’s $112 Billion Cargo Gap Shows Record US Tariff Evasion

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China's cargo gap is attributed to a surge in trade fraud, driven by phantom importers, high tariffs, and suspicious shipping offers, resulting in a $112 billion loss for the US.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Phantom importers, sky high tariffs and suspiciously cheap shipping offers are fueling a surge in trade fraud, leaving law-abiding American businesses to foot the bill.

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Original article published by Bloomberg on February 25, 2026.
Analysis and insights provided by AnalystMarkets AI.