Tagged: trade

This week, Sen. Claire McCaskill, D-Mo., introduced legislation aimed at cracking down on unfair trade practices and boosting manufacturing jobs in the state.

McCaskill says many Missouri companies have expressed frustration that an increasing number of foreign shippers are using unscrupulous and illegal tactics to avoid paying penalties they owe for illegal trade practices.

She says the legislation will help in pursuing and successfully collecting duties.

Senator Claire McCaskill says after a month of traveling to Missouri businesses she’ll introduce legislation to better enforce U.S. trade laws.

The Democrat says too many foreign companies are engaging in unfair trading practices, such as mislabeling products to avoid paying duties.

McCaskill says her bill will require all importers to have a physical address to ensure easier tracking and new shippers will be required to pay cash for duties instead of posting bonds that sometimes go unpaid.