The International Trade Commission on Feb. 19 initiated an investigation into the impact of the United States-Mexico-Canada Agreement automotive rules of origin on the U.S. economy and U.S. competitiveness, as well as their relevancy considering recent technology changes. Specifically, the ITC will prepare a report with the following information:
- the economic impact of the USMCA automotive ROOs on U.S. gross domestic product; U.S. exports and imports; U.S. aggregate employment and employment opportunities; production, investment, use of productive facilities, and profit levels in the U.S. auto industries and other pertinent industries; wages and employment of workers in the U.S. auto sector; and the interests of U.S. consumers;
- the operation of the ROOs and their effects on the competitiveness of the U.S. with respect to production and trade in auto goods, considering developments in technology, production processes, or other related matters;
- whether the ROOs are relevant in light of technological changes in the U.S.; and
- other matters identified by the ITC as relevant to the economic impact of the ROOs, including prices, sales, inventories, patterns of demand, capital investment, obsolescence of equipment, and diversification of production in the U.S.
The ITC will hold a public hearing in connection with this investigation on Oct. 14. Requests to appear at the hearing are due by Sept. 29, prehearing briefs and statements are due by Oct. 1, electronic copies of hearing oral statements must be submitted by Oct. 6, posthearing briefs must be filed by Oct. 21, and all other written submissions are due by Nov. 2.
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