As part of a large group of legislation passed during the
Progressive Era in the early 1900s,
U.S. Congress established the United States Tariff Commission in 1916, which had a purpose to apply scientific principles to the study of tariffs and to assist in recommending appropriate tariff levels.
Frank Taussig, then an
Economics professor at
Harvard University, was named the U.S. Tariff Commission's very first chairman. On August 3, 2013, President
Barack Obama overturned the commission's decision in investigation No. 337-TA-794 that would have banned
Apple Inc. from importing several of its older products. In January 2015, details from the
Sony Pictures Entertainment hack revealed the MPAA's lobbying of the USITC to mandate US
Internet service providers either at the
internet transit level or consumer level
internet service provider, implement
IP address blocking against
pirate websites as well as
linking websites. In January 2016, it became known that the commission was charged with investigating the likely impact of the
TPP on the U.S. economy and specific industries. It will calculate the estimated impact on gross domestic product, exports and imports, employment opportunities, and U.S. consumers. In January 2018, in a surprise decision, the commission unanimously overturned a 292% trade tariff that had been imposed on the aircraft manufacturer
Bombardier Aerospace. ==See also==