North American Free-Trade Agreement: Probable Economic Effect on U.S. Industries and Consumers of Accelerated Elimination of U.S. Tariffs on Certain Articles From Mexico and Canada

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Following receipt on May 26, 1994, of a request from the U.S. Trade Representative (USTR), the Commission instituted investigation No. 332-355 under section 332(g) of the Tariff Act of 1930 (19 U.S.C. 1332(g)) to advise the President, with respect to each dutiable article listed in Annex I of the USTR's notice published in the Federal Register of May 23, 1994 (59 FR 26686), as further identified in the supplemental document prepared by USTR, of its judgment as to the probable economic effect of the immediate elimination of the U.S. tariff, under the North American Free-Trade Agreement (NAFTA), on domestic industries producing like or directly competitive articles, and on consumers. USTR asked that the Commission provide its advice not later than 90 days after the Commission received the request, or in this case by August 24, 1994. USTR has indicated that it may classify all or part of the Commission's report.