The United States Department of Homeland Security last week released a report outlining its plans to combat online counterfeit product sellers. The value of counterfeit goods traded internationally rose from $200 billion in 2005 to $509 billion in 2016, according to DHS. Infringing goods valued at $1.4 billion were seized at U.S. borders in 2018, compared with $94 million worth in 2003. More than 85 percent of the contraband seized arrived from China and Hong Kong. China is the single largest producer of counterfeit goods in a variety of industries.from RSSMix.com Mix ID 8319533 https://ift.tt/2U54h96
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