U.S. Representative Mike Bost has reintroduced the Fighting Trade Cheats Act, a legislative measure aimed at addressing unfair trade practices that affect American jobs. The bill focuses on allowing U.S. manufacturers to take legal action against foreign producers for customs fraud, specifically targeting companies that dump foreign-made goods into U.S. markets.
“The Chinese Communist Party has repeatedly shown a blatant disregard for trade agreements while stealing American jobs,” said Bost. “We’re strengthening our trade laws to give our manufacturers the support they need to stand up to unfair trade practices.”
Charlie Hartman, General Counsel at McWane, Inc., commented on the issue: “It should come as no surprise that China has targeted American manufacturing by illegally circumventing American trade laws.” He added that Congressman Bost is playing a crucial role in supporting President Trump’s efforts to address the trade imbalance and protect American jobs.
The proposed legislation aims to update existing U.S. trade laws and increase penalties for violations. It seeks to more than double current penalties and introduce a five-year ban on importing products from known violators.
