The U.S. International Trade Commission is set to release its long-awaited estimate of the economic effect of the Trans-Pacific Partnership this week, likely with mildly positive findings, but the report won’t quite provide the impetus for congressional action on the deal that the administration had hoped.
The May 18 release of the congressionally mandated report could have kicked off a window between now and the July recess for hearings or even markups of the TPP implementing bill, but the continued criticisms of the trade deal on the presidential campaign trail and in Congress have made the deal is too politically toxic to take up. Continue reading “ITC report won’t unstick TPP just yet”