Issue link: https://iconnect007.uberflip.com/i/1540425
OCTOBER 2025 I PCB007 MAGAZINE 77 TRANSSHIPPING Legitimate Transshipment (logistics): Goods pass through a hub with no attempt to change origin or tariff treatment Illicit Transshipment: Goods from a tariff-hit country are routed through a third country and declared as originating there without substantial transformation Transship port Thailand Port of origin Japan Destination port USA Transship port Vietnam Port of origin China Destination port USA Illegal practice! May result in fines, seizures, and reputational damage.

