X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
With the Biden administration’s emphasis on human rights and the upcoming tenth anniversary of the U.N. Guiding Principles on Business and Human Rights, corporate social responsibility is an issue of increasing focus and prominence.

A patchwork of laws and policies lays the groundwork for U.S. government enforcement in this space.

Section 307 of the Tariff Act of 1930 prohibits the importation of merchandise wholly or partially mined, produced, or manufactured in any foreign country by forced or indentured labor. Such merchandise is subject to exclusion from the United States and seizure, and may subject the importer to criminal investigation. Section 321(b) of the Countering America’s Adversaries Through Sanctions Act creates a specific presumption under the Tariff Act that certain items manufactured anywhere in the world by North Korean nationals are prohibited forced-labor goods.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.