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SECTION 131 - Continued Probable economic effects studies & 2104(b) - Probable economic effects studies of proposed FTAs (confidential) Under section 2104(f) of the Trade Act of 2002, the USITC submits to the President and the Congress (not later than 90 calendar days after the President enters into the agreement) a report providing an assessment of the likely impact of the agreement on the United States economy as a whole and on specific U.S. industry sectors and the interests of U.S. consumers. In preparing its assessment, the USITC also is required to review available economic assessments regarding the agreement in question, including literature regarding any substantially equivalent proposed agreement.
Under section 131 of the Trade Act of 1974, at the request of the President, the USITC investigates the effects on U.S. industries and consumers of possible tariff modifications resulting from trade agreements and of duty-free entry of specific products from developing countries under the Generalized System of Preferences.
Under section 2104(b) of the Trade Act of 2002, at the request of the President, the USITC investigates the probable economic effect on U.S. industries producing like or directly competitive products and on the U.S. economy as a whole of eliminating tariffs on imports of specific agricultural products.
No public publications issued at this time
- U.S.-Oman Free Trade Agreement: Advice Concerning The Probable Economic Effect of Providing Duty-Free Treatment for Imports
(Confidential report issued to requester; February 2005)
- U.S.-Thailand Free Trade Agreement: Advice Concerning the Probable Economic Effect of Providing Duty-Free Treatment for Imports
(Confidential report issued to requester; August 2004)
- U.S.-Andean Countries Free Trade Agreement: Advice Concerning the Probable Economic Effect of Providing Duty-Free Treatment for Imports
(Confidential report issued to requester; April 2004)
- U.S.-Panama Free Trade Agreement: Advice Concerning the Probable Economic Effect of Providing Duty-Free Treatment for Imports
(Confidential report issued to requester; April 2004)
- U.S.-Bahrain Free Trade Agreement: Advice Concerning the Probable Economic Effect of Duty-Free Imports
(Confidential report issued to requester; December 2003)
- U.S.-Dominican Republic Free Trade Agreement: Advice Concerning the Probable Economic Effect of Duty-Free Imports
(Confidential report issued to requester; December 2003)
- U.S.-Australia Free Trade Agreement: Advice Concerning the Probable Economic Effect
(Confidential report issued to requester; June 2003)
- U.S.-Southern African Customs Union Free Trade Agreement: Advice Concerning the Probable Economic Effect
(Confidential report issued to requester; April 2003)
- U.S.-Central America Free Trade Agreement: Advice Concerning The Probable Economic Effect
(Confidential report issued to requester; December 2002)
- U.S.-Morocco Free Trade Agreement: Advice Concerning the Probable Economic Effect
(Confidential report issued to requester; November 2002)
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