In addition to the participation of two of the globe’s three largest economies, the United States and Japan, the pact could eventually include South Korea, Taiwan, Thailand, and the Philippines, though these countries are not directly involved in the current negotiations. China, the elephant in the room for any Pacific trade pact, is not a party to the TPP talks and has only hinted interest, according to the Obama administration.

2014 was another eventful year at the ITC for antidumping (AD) and countervailing duty (CVD) cases with some 8 petitions filed, 14 investigations completed, and 23 sunset votes on 40 orders. The 8 AD/CVD petitions filed in 2014 were down from the 14 filed last year, but still above the 5 cases filed in 2012.

The International Monetary Fund continues to revise its global growth projections downward but it is having trouble keeping up with a steady stream of bad news. In October, the Fund released its latest edition of the World Economic Outlook, a biannual survey of the global economy. In this installment, the authors describe a persistently “uneven global recovery.”

On September 9, 2014, Capital Trade’s Daniel Klett testified at the USITC in the Chlorinated Isocyanurates final hearing on behalf of the Japanese respondents.

2013 was a big year for new AD/CVD cases.

The countries cited in the petition are China, Germany, Japan, Korea, Sweden, and Taiwan.