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Photo: Jabin Botsford/The Washington Post/Getty Images

President Trump signed a trade memorandum as part of an effort to track and curb the sale of counterfeit goods on online marketplaces such as Amazon, Alibaba and eBay, reports CNBC.

Details: In the memorandum, Trump said the value of counterfeit product sales internationally could hit half a trillion dollars annually, reports Reuters. The departments of Homeland Security, Justice and Commerce have been instructed to put together a data report with sales of counterfeit goods online and how they are being monitored, per CNBC. They have 210 days to present the information, and the administration will then provide recommendations and legislation.

What they’re saying:

  • Trump’s trade adviser Peter Navarro said, in an op-ed with the Wall Street Journal, more than 40% of the goods investigated by the Government Accountability Office were found to be counterfeit.
  • An Amazon spokesperson told Axios that the company spent over $400 million in 2018 trying to fight counterfeit sales and fraud on the site and uses numerous tools such as Brand Registry and Transparency. Amazon said they welcome any support from law enforcement.
“Why are counterfeits ubiquitous in third-party online marketplaces? For one, because customs law has not kept up with the surge of e-commerce. Alibaba, Amazon and eBay face virtually no liability when they act as middlemen for counterfeiters.”
— Peter Navarro

Go deeper: Amazon's problem with fake goods

Go deeper

Updated 12 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat — Study: Trump campaign rallies likely led to over 700 COVID-related deaths.
  2. World: Boris Johnson announces month-long lockdown in England — Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections.
  3. Technology: Fully at-home rapid COVID test to move forward.
  4. States: New York rolls out new testing requirements for visitors.

North Carolina police pepper-spray protesters marching to the polls

Officers in North Carolina used pepper spray on protesters and arrested eight people at a get-out-the-vote rally at Alamance County’s courthouse Saturday during the final day of early voting, the City of Graham Police Department confirmed.

Driving the news: The peaceful "I Am Change" march to the polls was organized by Rev. Greg Drumwright, from the Citadel Church in Greensboro, N.C., and included a minute's silence for George Floyd. Melanie Mitchell told the News & Observer her daughters, age 5 and 11, were among those pepper-sprayed by police soon after.

6 hours ago - Health

Boris Johnson announces month-long COVID-19 lockdown in England

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in England, Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.