Newly Signed Into Law the Trade Facilitation and Trade Enforcement Act 2015

By: Jalenn Turre, Marketing, Business & Social Media Strategist

International trade opportunities help the economies of the receiving and origin of international goods. The 2015 Trade Facilitation and Trade Enforcement Act was recently signed into Law by President Barack Obama, February 24, 2016.

The Act that was signed into Law by President Obama includes a provision banning U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85-year-old tariff law that has failed to keep products of forced and child labor out of America. (source: NYDailyNews)

“It’s embarrassing that for 85 years, the United States let products made with forced labor into this country, and closing this loophole gives the U.S. an important tool to fight global slavery,” – said Sen. Sherrod Brown (D-Ohio)

Bad Language of the Existing Tariff Law:

It is unbelievable how our laws were written yet no one among the so called Legislators took time of correcting it until 85 years later. The language of that 85 Years old Tariff Law that is being corrected under President Obama’s administration is seen below..

Until now, U.S. customs law banning imports of items produced by forced or child labor had gone largely unenforced because of two words: “consumptive demand” — if there was not sufficient supply to meet domestic demand, imports were allowed regardless of how they were produced. (source: NYDailyNews)

The recent signing of the New Trade Law that reinforces CBP’s enforcement at various US Borders will help in banning products that were produced through exploiting young citizens; with that consumers will not be using products that were made by exploited children. Other relevant coverage of this new law are seen in the image below.

However, there are challenges of many goods in regards to their authenticity including the way these were produced. Recently, it became prevalent that there are countries exploiting their young citizens to forced labor or as child labor.

Through this new law, CBP’s efforts in expanding their scope, reinforcement of their competency, streamlining their operational procedures, protecting people around the world will strengthen America’s economy. It will continue to lead nations in making legal trade as the norm at the same time avoiding the consumption of products and goods that were generated with convenient unethical business practices.

This article “Imports Produced Through Forced Labor” first appeared at IdeasNConversations, dated February 29, 2016.

 

IdeasN

By: Juntee Terrenal, GMS, Strategic International Business Leader, Adviser & Coach

“As CBP continues to safeguard legitimate trade and travel at our borders, I am proud to say that the 60,000 men and women of U.S. Customs and Border Protection remain committed to enforcing our trade laws and protecting the nation’s economic security.” said in the Statement issued by Commissioner R. Gil Kerlikowske

President Obama signed H.R. 644, the Trade Facilitation and Trade Enforcement Act of 2015 – also known as the Customs Authorization Bill, as of last week.

Please find the General Objectives of this 2015 Act on the image below;

Perspectives:

The business objectives of this 2015 Act is great, hopefully we will be seeing greater impact of stopping goods that are produced through forced and child labors from countries that are exploiting their citizens. In this way, the Citizens of the United States will not be viewed as supporters…

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