Trump Seeks More Fines on Counterfeit Goods Imported via E-Commerce

New legislation and bigger fines were mentioned in a presidential memorandum Tuesday aimed at stopping imports of counterfeit goods through e-commerce platforms. Customs and Border Protection should seize counterfeit goods imported into the U.S. and impose the “maximum fines and civil penalties permitted by law on any e-commerce platform that directs, assists with, or is in any way concerned in the importation into the United States of counterfeit goods,” wrote President Donald Trump. He sought “legislation that would clarify and strengthen the executive branch’s authority and increase its resources to deter and address counterfeit trafficking on e-commerce platforms.” The Department of Homeland Security and attorney general are directed to “develop a legislative proposal to promote the policy objectives” within 120 days. EBay didn't comment Wednesday. Amazon didn't comment on the record.