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The NAM led a group of associations in filing two World Trade Organization (WTO) statements because Thailand failed to abide by its WTO commitments on customs valuation and now threatens a company with fines of more than $2 billion and imprisonment of several individuals. Proper valuation is important because many manufacturers operate through interconnected commercial relationships and supply and production chains with producers and suppliers throughout the United States and foreign countries. The statements emphasize the importance of the WTO’s customs valuation rules to international trade, which allow companies to produce goods as efficiently as possible and to access international consumers in the global marketplace.