ITC cites digital, auto provisions in finding USMCA will benefit U.S. economy
If “fully implemented and enforced,” the U.S.-Mexico-Canada Agreement will have a small but positive impact on U.S. GDP, with digital trade and automotive rule-of-origin provisions projected to have “the most significant effects,” the U.S. International Trade Commission says in its new analysis of the deal. “The model estimates that, if fully implemented and enforced, USMCA would have a positive impact on U.S. real GDP and employment,” the report states. Some lawmakers and outside analysts had predicted the report might show...