tl;dr
They’re planning to under declare the value of goods. If a company doesn’t want that, the sellers will handle the shipment on both ends, bringing it through customs at a lower value and then deliver it.
How do other countries deal with this?
They’re planning to under declare the value of goods. If a company doesn’t want that, the sellers will handle the shipment on both ends, bringing it through customs at a lower value and then deliver it.
How do other countries deal with this?
Capitalists love to say that value of commodities is subjective until it comes to taxing China.