The U.S. International Trade Commission (USITC) today released The Year in Trade 2017, its annual overview of developments regarding the administration of U.S. trade laws and trade agreements.
The USITC's The Year in Trade is one of the government's most comprehensive reports available regarding activities related to U.S. trade policies, agreements, and trade laws.
The publication reviews U.S. international trade laws and actions under these laws, activities of the World Trade Organization (WTO), and developments regarding U.S. free trade agreements (FTAs) and U.S. bilateral trade relations with major trading partners in 2017.
The Year in Trade 2017 covers:
- all U.S. antidumping, countervailing duty, safeguard, intellectual property rights infringement, national security, and section 301 cases active in 2017. In addition, the 2017 report covers Trade Adjustment Assistance and the operation of U.S. trade preference programs, including the U.S. Generalized System of Preferences, the Nepal Trade Preference Act, the African Growth and Opportunity Act, and the Caribbean Basin Economic Recovery Act, including initiatives for Haiti;
- WTO dispute settlement decisions and other significant activities in the WTO, the Organisation for Economic Co-operation and Development, and the Asia-Pacific Economic Cooperation forum;
- negotiations on an agreement on fisheries subsidies under the WTO, renegotiation of the North American Free Trade Agreement, and developments regarding other U.S. FTAs already in effect; and
- bilateral trade issues with major U.S. trading partners—the European Union, China, Canada, Mexico, Japan, South Korea, India, and Taiwan.
The report also provides an overview of U.S. trade in goods and services during 2017. Statistical tables highlight U.S. bilateral trade with major trading partners and trade under U.S. trade preference programs and free trade agreements.
The Year in Trade 2017 (USITC Publication 4817, August 2018) is available on the USITC's Internet site.
An interactive, web-based version of The Year in Trade 2017 will be released in the near future.
This year’s report is the 69th in a series of annual reports submitted to the U.S. Congress under section 163(c) of the Trade Act of 1974 (19 U.S.C. 2213(c)) and its predecessor legislation. Other reports in this series dating back to 1948 can also be found on the Commission’s website at https://www.usitc.gov/research_and_analysis/year_in_trade.htm.