ITC Seeks Extra $2.75M To Fulfill USMCA Obligations

Law360 (July 16, 2020, 10:26 PM EDT) -- The U.S. International Trade Commission has asked Congress to supplement its budget by $2.75 million, saying a record number of investigations this year has left it at risk of being unable to fulfill the U.S.-Mexico-Canada Agreement.

In two Wednesday letters addressed to the Republican and Democratic leaders of both congressional appropriations subcommittees on commerce, ITC Chair Jason E. Kearns said the commission's current $99.4 million budget and its approved funding for fiscal year 2021 were calculated before the USMCA took effect on July 1.

However, the commission has new obligations under the North American trade deal to undertake investigations into allegations...

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