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Article

13 Jul 2016

Author:
Source Intelligence

Are US Companies Starting to Feel the Repercussions of New Anti-Slavery Regulations?

For decades, the US border customs agents have overlooked section 307 of the 1930 Tariff Act, which prohibited goods from entering the US made with the use of forced labor. Earlier in 2016, President Obama signed the Trade Facilitation and Trade Enforcement Act of 2015. Before the Trade Facilitation Act, US border customs agents had overlooked section 307, as long as domestic production could not meet the demand for the imported products to the US. While there is much still in the air about the exact enforcement terms, companies are now...