The U.S. International Trade Commission (Commission or USITC) today released The Year in Trade 2024, its annual overview of developments regarding the administration of U.S. trade laws and trade agreements.
The Year in Trade is one of the government's most comprehensive reports available regarding activities related to U.S. trade policies, agreements, and laws. This report is the 76th in a series of annual reports submitted to the U.S. Congress under section 163(c) of the Trade Act of 1974 (19 U.S.C. 2213(c)) and its predecessor legislation.
The publication provides an overview of actions under U.S. international trade laws, activities of the World Trade Organization (WTO) and select multilateral institutions, and developments regarding U.S. free trade agreements (FTAs) and U.S. bilateral trade relations with major trading partners in 2024. In addition, topics covered in The Year in Trade 2024 include:
The global trade environment in 2024
U.S. safeguard, antidumping, countervailing duty, intellectual property rights infringement, national security, and section 301 investigations and actions during 2024
U.S. trade preference programs, including the U.S. Generalized System of Preferences; African Growth and Opportunity Act; the Caribbean Basin Economic Recovery Act, including initiatives for Haiti; and the Nepal Trade Preferences Act
WTO dispute settlement and other significant activities in the WTO
Activities under the Organisation for Economic Co-operation and Development and the Asia-Pacific Economic Cooperation forum and trade initiatives under negotiation, including the Indo-Pacific Economic Framework for Prosperity, the Americas Partnership for Economic Prosperity, the U.S.-Taiwan Initiative on 21st-century Trade, and the U.S.-Kenya Strategic Trade and Investment Partnership
Implementation and enforcement of the United States-Mexico-Canada Agreement and other U.S. FTAs in force
Trade patterns and developments in trading relationships with selected major U.S. partners—the European Union, Canada, Mexico, China, and the United Kingdom
USITC Releases The Year in Trade 2024 | United States International Trade Commission
