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ITC’s 2012 Trade Overview Covers FTAs, GSP, WTO, AD/CV, Etc.

The U.S. International Trade Commission released “The Year in Trade 2012,” its annual overview of the previous year's trade-related activities. The Year in Trade 2012 includes complete listings of antidumping, countervailing duty, safeguard, intellectual property rights infringement, and section 301 cases undertaken by the U.S. government in 2012. In addition, the report covers:

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  • Preference programs - the operation of U.S. trade preference programs, including the U.S. Generalized System of Preferences, the African Growth and Opportunity Act, the Andean Trade Preference Act, and the Caribbean Basin Economic Recovery Act, including initiatives for Haiti.
  • WTO - significant activities in the WTO, including dispute settlement decisions; the Organization for Economic Cooperation and Development; and the Asia-Pacific Economic Cooperation forum;
  • FTAs - developments regarding NAFTA, other U.S. FTAs, and the negotiation of the Trans-Pacific Partnership Agreement;
  • Bilateral trade issues - bilateral trade issues with major U.S. trading partners-the European Union, Canada, China, Mexico, Japan, Korea, Brazil, Taiwan, India, and Russia.

The report also provides an overview of U.S. trade in goods and services during 2012. Statistical tables highlight U.S. bilateral trade with major trading partners and trade under U.S. trade preference programs.

ITC Press Release available here.