Tuesday, April 17, 2018

ITC Launches Investigation Related to the President's Request to Extend Trade Promotion Authority

On april 13, 2017 the U.S. International Trade Commission (USITC) announced that it has instituted an investigation related to the President’s request to Congress for an extension of his trade authorities procedures.

The President submitted a request to Congress on March 20, 2018, for an extension of trade authorities procedures, commonly known as trade promotion authority. At the same time, the USTR notified the USITC of the President’s request. The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (Bipartisan Trade Act) requires the USITC, having been notified of the President’s request, to provide a report to Congress that contains a review and analysis of the economic impact on the United States of all trade agreements implemented between the date of the enactment of the Bipartisan Trade Act and the date of the President’s notification to Congress. 

The USITC is unaware of any trade agreements that were implemented under the Bipartisan Trade Act between the date of its enactment and March 20, 2018. While at least one trade agreement was negotiated during this period, the Trans-Pacific Partnership Agreement, it was not implemented during this period.

The USITC, an independent, nonpartisan, factfinding federal agency, will provide the required report to the USTR by June 1, 2018. 

The USITC will not hold a public hearing in connection with the investigation; however, the USITC welcomes written submissions for the record. Written submissions should be addressed to the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC, 20436, and should be submitted at the earliest practical date but no later than 5:15 p.m. on May 2, 2018.

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