# US accuses India of helping China evade tariffs, weighs penalties 2026-08-12T22:54:45+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet The White House is considering anti-transhipment penalties against India, accusing New Delhi of helping Chinese goods bypass US tariffs. Washington claims it is losing $19 billion to $26 billion annually through this route, Livemint reports. The move threatens to escalate trade tensions between the two nations. Separately, former US President Donald Trump has alleged that Iran has 'no money' and faces '300% inflation', touting a 'wall of steel' naval blockade in the Strait. The claims, reported by Livemint, come amid heightened US-Iran rhetoric. ## Coverage - livemint.com - livemint.com Tags: Donald Trump, inflation, Iran, naval blockade, Strait of Hormuz, US-Iran tensions Canonical: https://indianopinion.org/trump-claims-iran-has-no-money-300-inflation-touts-blockade/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/trump-claims-iran-has-no-money-300-inflation-touts-blockade/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.