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The Customs and Border Protection agency, which is in part responsible for enforcing intellectual property rights and upholding trade laws, seized $3.33 billion worth of counterfeit goods in 2021 ...
Unfortunately, that means the erosion of sales in some industries due to counterfeit goods coming into the U.S. will continue. Here are the 10 product categories, in descending order, that lose ...
In the aftermath of the American Revolution, the weak Congress of the Confederation had been unable to impose a tariff or reach reciprocal trade agreements with most European powers, creating a situation in which the country was unable to prevent a flood of European goods which were damaging domestic manufacturers even while Britain and other ...
The Confederation Congress later endorsed this convention "for the sole and express purpose of revising the Articles of Confederation". Although the states' representatives to the Constitutional Convention in Philadelphia were only authorized to amend the Articles, delegates held secret, closed-door sessions and wrote a new constitution.
Maryland, the word imports, as used in the [Import-Export Clause], is defined, both on the authority of the lexicons and of usage, to be articles brought into the country; and impost is there said to be a duty, custom, or tax levied on articles brought into the country. In the ordinary use of these terms at this day, no one would, for a moment ...
From handbags to clothing, shoes and even sunglasses, federal authorities say they seized more than $1 billion worth of counterfeit luxury products in New York, making it the largest seizure of ...
Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications. Typically of lower quality, counterfeit goods may pose health and safety risks. Various organizations have attempted to estimate the size of the global counterfeit market. [2]
Two people have been arrested in the largest seizure of counterfeit goods in US history, including knock-off designer goods with an estimated retail value of more than a billion dollars, officials ...