Agency to study investment and trade linkages between U.S., Asia
The U.S. International Trade Commission said it has launched the first of three investigations to assess the impact of U.S-Asia trade and investment trends on U.S.-China relations.
The ITC undertook the investigations at the request of the House Ways and Means Committee.
The initial study will analyze the links between trade and investment among Asia-Pacific countries and the United States. The study will review major industries, foreign direct investment and government policies that have influenced trade patterns.
The United States runs a large trade deficit with China, and lawmakers have expressed concern about whether China practices fair trade.
The ITC will hold a public hearing on the matter March 8 and deliver its first report by Oct. 2, 2007. The agency plans to complete its work within two years.
For more information about attending the hearing or submitting written testimony, visit http://www.usitc.gov.