§2704 International Trade Commission Reports on Impact of Caribbean Basin Economic Recovery Program

Summary

The U.S. International Trade Commission (the Commission) must send a report to Congress and the President every two years about how the Caribbean Basin Economic Recovery program affects U.S. industries, consumers, and the economies of the beneficiary countries. The first report had to be sent by September 30, 2001. For these reports, industries in Puerto Rico and other U.S. island territories count as U.S. industries. Each report must say what the program actually did during the report period and what it probably will do before the program ends. The Commission must, when possible, look at production, trade, and use of products and at things like employment, profits, factory use, prices, wages, sales, inventories, demand patterns, investment, worn-out equipment, and changes in what companies make. It must describe any major changes it thinks came from the program. Reports must be sent no later than nine months after the report period ends, and the public must be allowed to give information in writing or by speaking.