Bill That Aims to Increase Criminal Prosecutions of Trade Crimes Passes House
The House passed a bill that would create a task force in DOJ to increase prosecutions of tariff evasion, violations of the forced labor provision and ban on goods made in North Korea, trade-based money laundering and smuggling. The bill passed by a voice vote Dec. 3.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Protecting American Industry and Labor from International Trade Crimes Act was a bipartisan bill that came out of the House Select Committee on China. It requires that the task force be set up within 120 days of appropriations passing that fund it; and one year after the act becomes law, Congress requires Homeland Security and DOJ to submit a report on the annual statistics on trade-related indictments, how the funds appropriated were used, and if the department needs more funding.
The Coalition for a Prosperous America hailed the vote and asked the Senate to act swiftly on a companion bill.