Tougher transshipment penalties on US imports not immediate: Report | Business and Economy News

Tougher United States trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new US tariffs, three people in Southeast Asia with knowledge of the matter said, easing a major cause of concern.

Southeast Asian countries, including Vietnam and Thailand, have been explicitly targeted by White House officials for their alleged role in facilitating the so-called transshipment to the US of Chinese goods, which would face higher…