Lighthizer asks ITC for analysis of changes to truck tariff in KORUS
U.S. Trade Representative Robert Lighthizer last week asked the U.S. International Trade Commission to conduct an economic analysis of modifications to tariff phaseouts on Korean truck imports under the amended U.S.-Korea Free Trade Agreement the countries agreed to in principle last month. Lighthizer, in an April 6 letter to the ITC, asked the Commission – at the earliest possible date – to advise USTR on the “probable economic effect of the modifications reflected in the enclosed proposal on U.S. trade...