business 🧐 White House accuses 40 countries, including India, of trade scam
The White House has released a report titled ‘The Great Transhipment Scam’ accusing about 40 nations of helping China dodge US tariffs. India is listed among the top 'enablers' alongside Mexico, Canada, and the EU. The report estimates that $67 billion in goods were transshipped from China through hubs like India in 2025, costing the US $28 billion in lost revenue. This latest allegation adds to existing US trade scrutiny on India’s policies. Future punitive tariffs on India remain a real possibility based on this report. 🧐