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USITC to investigate economic effects of duty-free imports

The US International Trade Commission (USITC) plans to investigate the probable economic effects of providing duty-free imports to the United Kingdom (UK) on US industries producing like or directly competitive products, and on consumers. The investigation was requested by the Office of the US Trade Representative (USTR) in November. The US president will be advised on the issue. USITC will prepare an assessment of the probable economic effects of eliminating tariffs on imports from the UK of certain agricultural products on US industries producing the products concerned and on the country’s economy as a whole. USITC, which will hold a public hearing related to the investigation on January 31, expects to submit its confidential report by May 8, 2019

 

 
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