The US International Trade Commission (ITC) has instituted an investigation to assess the likely impact of a trade agreement that the President has announced he intends to enter into with Mexico and Canada.
The investigation, United States-Mexico-Canada Agreement (USMCA): Likely Impact on the US Economy and on Specific Industry Sectors, was requested by the US Trade Representative in a letter received on August 31, 2018.
The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 requires the USITC to prepare a report that assesses the likely impact of the Agreement on the US economy as a whole and on specific industry sectors and the interests of US consumers. The ITC’s report, which will be public, is due to the President and the Congress no more than 105 days after the President signs the Agreement, which he can do 90 days after he notifies Congress of his intent to do so. The President notified Congress on August 31, 2018, of his intent to enter into the Agreement.