Home
About Us
Views Sought On NAFTA Tariff Changes
31/05/2017 12:00
The United States International Trade Commission has requested public input alongside its investigation into the probable economic effect of providing duty-free treatment to currently dutiable imports from Canada and Mexico.
The invitation from USITC comes as part of the consultation into the renegotiation of the North American Free Trade Agreement (NAFTA). The US Trade Representative, Robert Lighthizer, has asked USITC to report on the effects of extending duty-free treatment.
USITC have been asked to consider the outcome of eliminating tariffs for Mexican and Canadian exports of each article in chapters 1 through 97 of the Harmonized Tariff Schedule of the US. It is tasked with considering the effects on both US industries and consumers.
Although the report will be confidential, USITC will hold a public hearing on June 20 and take written submissions by June 26. The report is to be finalized by August 16, the earliest date that the statutory consultation period will close.
May 31, 2017
Source: Tax News
The invitation from USITC comes as part of the consultation into the renegotiation of the North American Free Trade Agreement (NAFTA). The US Trade Representative, Robert Lighthizer, has asked USITC to report on the effects of extending duty-free treatment.
USITC have been asked to consider the outcome of eliminating tariffs for Mexican and Canadian exports of each article in chapters 1 through 97 of the Harmonized Tariff Schedule of the US. It is tasked with considering the effects on both US industries and consumers.
Although the report will be confidential, USITC will hold a public hearing on June 20 and take written submissions by June 26. The report is to be finalized by August 16, the earliest date that the statutory consultation period will close.
May 31, 2017
Source: Tax News
Các tin khác
- New-generation FTAs open wider export opportunities to Middle East and South Asia (15/06/2026)
- Updated regulations on foreign trade management and import quotas (15/06/2026)
- Mandatory traceability for high-risk goods from July 1st: What should businesses prepare for? (15/06/2026)
- Tariff pressure is forcing businesses to restructure in order to adapt. (15/06/2026)
- Coffee Citizens model aims to lift Vietnamese value chain (15/06/2026)
