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Deadline set for NAFTA replacement's impact comments

The U.S. International Trade Commission announced that Dec. 20 is the deadline for comments on the economic impact of the U.S.-Mexico-Canada Agreement on the U.S. economy.

The investigation, titled “Likely Impact on the U.S. Economy and on Specific Industry Sectors,” was requested by the U.S. Trade Representative in a letter received Aug. 31. At that time Mexico had agreed to a bilateral agreement to replace the NAFTA treaty. Canada agreed on Sept. 30 to make this a trilateral agreement.

The USITC will hold a public hearing in connection with the investigation Nov. 15. Requests to appear at the hearing should be filed no later than Oct. 29, with the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC, 20436. For further information, call 202/205-2000.

According to the ITC, the Bipartisan Congressional Trade Priorities & Accountability Act of 2015 requires the USITC to prepare a report that assesses the likely impact of the agreement on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers.

The USITC’s report, which will be public, is due to the president and 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 Aug. 31 of his intent to enter into the agreement.

Written submissions for the record should be addressed to the Secretary of the Commission at the above address and should be submitted at the earliest practical date but no later than 5:15 p.m. on Dec. 20.  All written submissions, except for confidential business information, will be available for public inspection.

Further information on the scope of the investigation and the procedures for written submissions is available in the USITC’s notice of investigation, dated Oct. 12, 2018, which can be obtained from the USITC website.