22 June 2018
USITC Finds U.S. Services Providers Remain Competitive in Global Market
The United States is the world’s largest services market and was the world’s leading exporter and importer of services in 2016, according to the U.S. International Trade Commission’s latest annual report on trends in U.S. services trade. This year’s report focuses on electronic services and includes chapters on audio-visual services, computer services and telecommunication services. Each chapter analyses global market conditions in the industry, examines recent trade performance, and summarizes the industry’s outlook.
Highlights of the report include the following.
- The value of U.S. cross-border commercial services exports was $733.6 billion while imports totalled US$483.1 billion. The leading export markets were the United Kingdom, mainland China, Canada, Ireland and Japan, while the largest single-country sources of imports were the UK, Germany, Japan, Canada and India.
- Sales of services by U.S.-owned foreign affiliates totalled US$1.4 trillion in 2015 and the largest markets were the UK, Canada and Ireland. Purchases from U.S. affiliates of foreign services firms totalled US$952.5 billion and the largest shares were from firms based in Japan, the UK and Germany.
- Electronic services accounted for 12.7 percent of total U.S. cross-border services exports and 11.2 percent of imports in 2016. Value added by the U.S. electronic services sector was US$989 billion and the sector accounted for 6.9 percent of U.S. private sector GDP.
- Audio-visual services are growing rapidly worldwide and the mainland Chinese market is of growing interest to U.S. filmmakers, though state censorship and foreign film quotas limit market access.
- Computer services are becoming widely available via mobile devices in emerging markets and goods manufacturers are increasingly building computer-enabled services into their production processes.
AD Duty Order on Activated Carbon Renewed
The USITC has issued a final affirmative injury determination in its sunset review of the AD duty order on activated carbon from mainland China. As a result, this order will be extended for another five years.
Scheduling of Final Phase of AD/CV Injury Investigations of Steel Fittings
The USITC has scheduled the final phase of its AD and CV injury investigations of forged steel fittings from mainland China. The pre-hearing staff report will be placed in the non-public record on 20 July and a public version will be issued thereafter; pre-hearing briefs and requests to appear at the hearing are due by 27 July; the pre-hearing conference will be held on 31 July; the hearing will be held on 2 August; post-hearing briefs are due by 9 August; and final comments are due by 28 August.
Expedited Sunset Review of AD/CV Duty Orders on Steel Sinks
The USITC has decided to conduct an expedited sunset review of the AD and CV duty orders on drawn stainless steel sinks from mainland China. As opposed to full reviews, expedited reviews do not include a public hearing or the issuance of questionnaires.
New Section 337 Investigation on Arrow Rests
The USITC has instituted an investigation to determine whether imports of certain full-capture arrow rests and components thereof from mainland China violate Section 337 of the 1930 Tariff Act by reason of patent infringement. The products at issue in the investigation are arrow rests having a slotted circular shaped ring with bristles pointed inwardly to provide radial support for an arrow. The complainant requests that after this investigation the USITC issue a general exclusion order or, in the alternative, a limited exclusion order.