China overwhelming U.S. with counterfeit goods – Homeland Security Newswire
U.S. companies are losing hundreds of millions of dollars a year in sales from products that are counterfeited overseas and shipped to America; since most fake products are never seized by authorities, the federal government cannot get an accurate measurement of the economic loss; according to CBP, these fake goods “threaten America’s economic vitality and national security, and the American people’s health and safety.”
China overwhelming U.S. with counterfeit goods – Homeland Security Newswire
U.S. companies are losing hundreds of millions of dollars a year in sales from products that are counterfeited overseas and shipped to America; since most fake products are never seized by authorities, the federal government cannot get an accurate measurement of the economic loss; according to CBP, these fake goods “threaten America’s economic vitality and national security, and the American people’s health and safety.”
