Bill 118 s 4955, also known as the "Trade Crime Enforcement Act," aims to enhance the Department of Justice's ability to crack down on crimes related to trade. The bill seeks to address issues such as intellectual property theft, counterfeit goods, and fraudulent trade practices that harm American businesses and consumers.
Specifically, the bill includes provisions to increase resources and funding for the Department of Justice to investigate and prosecute trade-related crimes. This includes hiring additional staff, providing training for prosecutors, and improving coordination with other federal agencies involved in trade enforcement.
Additionally, the bill calls for the establishment of a task force within the Department of Justice dedicated to combating trade crimes. This task force would be responsible for developing strategies to target and dismantle criminal organizations engaged in trade-related offenses.
Overall, the Trade Crime Enforcement Act aims to strengthen the government's ability to protect American businesses and consumers from the negative impacts of trade-related crimes. By providing the Department of Justice with the necessary tools and resources, the bill seeks to deter and punish those who engage in illegal trade practices that undermine the integrity of the US economy.