Trump administration says trade fraud crackdown has topped $1 billion

The Trump administration announced Tuesday that its trade fraud task force has surpassed $1 billion in criminal and civil recoveries, penalties, forfeitures, and publicly charged losses during its first year, Justice Department officials said at a press conference in Chicago.

The DOJ and the Department of Homeland Security launched the Trade Fraud Task Force in August last year to investigate customs fraud across global supply chains. Its cases target schemes including false country-of-origin declarations, misclassified goods, and the routing of products through third countries to evade tariffs.