International Trade Commission (ITC) Law and Legal Definition
The U.S. International Trade Commission (ITC) is an independent, quasi-judicial federal agency with broad investigative responsibilities on matters of trade. ITC investigates the effects of dumped and subsidized imports on domestic industries and conducts global safeguard investigations. ITC adjudicates cases involving imports that allegedly infringe intellectual property rights. ITC facilitates a rules-based international trading system. ITC also serves as a federal resource where trade data and other trade policy related information are gathered and analyzed.
The work of ITC is to administer U.S. trade remedy laws within its mandate in a fair and objective manner; provide the President, U.S. Trade Representative, and Congress with independent analysis, information, and support on matters of tariffs, international trade, and U.S. competitiveness, and maintain the Harmonized Tariff Schedule (HTS) of the U.S.
The ITC can help stop the importation of counterfeit goods by issuing a temporary or permanent exclusion orders. The ITC has its own rules of practice and discovery, and it participates as a party and conducts its own discovery. The ITC can grant temporary relief such as injunctions and restraining orders that can be granted under the Federal Rules of Civil Procedure. The ITC's decision can be vetoed by the President of the U.S. within sixty days, or appealed to the Court of Appeals for the Federal Circuit.
Legal Definition list
- International Trade Commission (ITC)
- International Trade Administration [ITA]
- International Trade
- International Tonnage Certificate
- International Terrorism
- International Trade Law
- International Trade Loans
- International Trademark Association (INTA)
- International Traffic in Arms Regulations [ITAR]
- International Transactions Reporting System
- International Transport
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- Acquisition of Ownership (Trademark)
- Actively Traded Securities
- Actual Confusion (Trademark)
- Advanced Placement or International Baccalaureate Course [Education]