The Tariff Trap: How Trump's Trade Policies Unleashed a Multibillion Dollar Scam The White House's latest report on tariff evasion is a stark reminder of the unintended consequences of President Trump's trade policies.
A $112 billion gap between China's reported exports to the US and actual imports suggests that companies have found ways to exploit loopholes in the system, with devastating effects on federal tax revenues and GDP.
At its core, the problem lies not just in the tariffs themselves but in the underlying structure of the US trade policy.