As the U.S. prepares to start renegotiating the North American Free Trade Agreement as soon as mid-August, [its] International Trade Commission has launched an investigation into the elimination of remaining tariffs on imports from Canada and Mexico.

The ITC will examine the probable economic effect of providing duty-free treatment for currently dutiable imports from Canada and Mexico on U.S. industries producing like or directly competitive articles... The ITC will consider each article in HTSUS chapters 1 through 97 for which tariffs remain, taking into account implementation of U.S. World Trade Organization commitments. The ITC will also assess the probable economic effect of eliminating tariffs on certain agricultural products imported from Canada and Mexico on U.S. industries producing those products and on the U.S. economy as a whole...

This is excerpted from 1 June 2017 edition of the Sandler, Travis & Rosenberg Trade Report.