Senate Urged To Refocus Customs' Trade Mission

Law360, New York (October 20, 2009, 12:36 PM EDT) -- With counterfeit imports costing businesses as much as $1 trillion each year and regulatory uncertainty slowing cross-border traffic, a panel of trade authorities has urged the U.S. Senate Finance Committee to give U.S. customs agents new tools to promote trade facilitation and enforcement.

The Finance Committee is currently considering legislation jointly sponsored by its chairman, Sen. Max Baucus, D-Mont., and ranking member Sen. Charles Grassley, R-Iowa, that witnesses on Thursday strongly endorsed as a way to give U.S. Customs and Border Protection the tools, leadership and...
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