ITC Predicts TPP Economic Assessment Will Not Be Ready Until May 18

The International Trade Commission (ITC) on Tuesday (Nov. 17) predicted that its report on the economic impact of the Trans-Pacific Partnership (TPP) will not be ready until May 18, effectively pushing congressional consideration of a TPP implementing bill past that date. This is because the ITC report traditionally accompanies a free trade agreement implementing bill when it is sent to Congress, although there is no formal requirement under the 2015 fast-track law that it do so. The fast-track law only...