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Trump Admin Recovers $1B in Trade Fraud | Oakland News
The Trump administration’s trade fraud task force has smashed its goal, recovering or identifying over $1 billion in alleged losses and penalties—mostly from criminal and civil cases—with just $150 million still tied to active investigations. This aggressive enforcement is part of a broader push to boost tariff collections and crack down on companies dodging U.S. trade rules. Set up alongside sweeping new tariffs, the task force targets illegal evasion tactics like misreporting product values or origins, which experts say could cost the government up to $40 billion over time. A standout case…
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