Counterfeiting Cost News Today

>> shepard: the u.s. and china teamed up for the biggest ever joint crackdown on counterfeit goods. officials say the month long operation seized nearly a quarter million fake electronic products. knockoff of brands like apple, samsung and black bear. black berry. sting netted one arrest. china is finally taking counterfeiting seriously. according to a bipartisan u.s. commission, the counterfeiting cost u.s. businesses $320 billion a year. thats the same amount of u.s. exports to asia every year...