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Efforts to Address Seasonal Agricultural Import Competition in the NAFTA Renegotiation
This report discusses a proposal by the U.S. in the North American Free Trade Agreement (NAFTA) renegotiations that would allow U.S. agricultural producers of certain fruits and vegetables to more easily file an injury claim regarding imports from Mexico. It includes details regarding the proposal, Mexican produce imports statistics, and arguments for and against the proposal.
Trade in Services: The Doha Development Agenda Negotiations and U.S. Goals
The report provides a brief background section on the significance of trade in services to the U.S. economy. It then explains briefly the General Agreement on Trade in Services (GATS) and the structure and agenda of the services negotiations in the Doha Development Agenda (DDA) round, including U.S. objectives in the negotiations. The report concludes with a status report on the negotiations and an examination of potential results.
Trade Remedies and the WTO Rules Negotiations
At the November 2001 Ministerial meeting of the World Trade Organization (WTO) in Doha, Qatar, member countries launched a new round of trade talks known as the Doha Development Agenda (DDA). This report examines trade remedy issues in DDA in three parts. The first part provides background information and contextual analysis. The second section focuses on how these issues fit into the DDA. A third section provides a more specific overview of major reform proposals that are being considered.
Peru in Brief: Political and Economic Conditions and Relations with the United States
This report provides an overview of Peru's government and economy and a discussion of issues in relations between the United States and Peru.
United States Trade and Trade Balance with Japan 1958-1993: A Brief Historical Overview
The purpose of this brief report is to appraise Congress of some relevant perspectives concerning the experience of U.S.-Japan merchandise trade since 1968. For the first seven years of the period under review, more American goods were sold to Japan than imported from that nascent major Asian economy, which has been,however, trailing Canada by far as our second top trading partner. Somewhat normally acceptable trade deficits were registered between 1966 and 1979, after which the growth of trade imbalances became unprecedented.
Trade Legislation in the 106th Congress: An Overview
The 106th Congress completed action on a number of major trade initiatives. The impact on American firms and workers was a paramount concern in the passage of this legislation. Most notably, bills were passed to establish "normal trade relations" with China, deepen economic ties with the countries of Sub-Saharan Africa, enhance trade benefits for 24 Caribbean Basin countries, and to ease trade sanctions on Cuba and other countries. Congress also voted to maintain U.S. participation in the World Trade Organization (WTO), as well as worked with the Clinton Administration to pass replacement legislation for the Foreign Sales Corporation (FSC) tax benefit for U.S. exports. The latter action averted, at least until mid-2001, the imposition of punitive tariffs by the European Union on an estimated $4 billion in U.S. exports.
Agricultural Trade Issues in the 107th Congress
The 107th Congress is considering trade issues with implications for the U.S. agricultural sector. Trade in agricultural commodities and food products affects farm income and rural employment, and it also generates economic activity beyond the farm gate. With agricultural export sales the equivalent of one-quarter of farm income, some policymakers view U.S. efforts to develop market opportunities overseas as vital to the sector’s financial health. Decisions taken by the Bush Administration, and actions taken by Congress, thus will affect the outlook for agricultural trade.
The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). September 2005
This report addresses the Dominican Republlic-Central America- United States Free Trade Agreement.
WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases
This report provides a summary of the status of U.S. compliance efforts in pending World Trade Organization (WTO) disputes that have resulted in adverse rulings against the United States. The report begins with an overview of WTO dispute settlement procedures, focusing on the compliance phase of the process, followed by a discussion of U.S. laws relating to WTO dispute proceedings. The report then lists pending WTO disputes in the compliance phase, with a brief discussion of major issues and the U.S. compliance history in each.
Vietnam Trade Agreement: Approval and Implementing Procedure
No Description Available.
Labor Enforcement Issues in U.S. FTAs
This report discusses labor enforcement in free trade agreements (FTAs), U.S. labor disputes, and issues for Congress to consider.
Trade Promotion Authority (TPA): Frequently Asked Questions
This report provides background information Trade Promotion Authority (TPA), and discusses U.S. trade negotiating objectives, procedures for congressional-executive notification and consultation, and expedited legislative procedures.
U.S. Foreign Trade in Services: Definition, Patterns and Policy Challenges
This report provides background information and analysis on U.S. foreign trade in services. It includes an examination of definitions and examples of services to indicate their nature and scope; a review of the importance of services to the U.S. economy including U.S. foreign trade; and an analysis of the policy challenges that confront the United States, especially the challenge of negotiating a set of international rules on trade in services and the challenge of resolving disputes over trade in services with trading partners.
U.S. Foreign Trade in Services: Definition, Patterns and Policy Challenges
This report provides background information and analysis on U.S. foreign trade in services. It includes an examination of definitions and examples of services to indicate their nature and scope; a review of the importance of services to the U.S. economy including U.S. foreign trade; and an analysis of the policy challenges that confront the United States, especially the challenge of negotiating a set of international rules on trade in services and the challenge of resolving disputes over trade in services with trading partners.
Financing the U.S. Trade Deficit
The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments, a summary statement of all economic transactions between the residents of the United States and the rest of the world, during a given period of time. Some Members of Congress and other observers have grown concerned over the magnitude of the U.S. merchandise trade deficit and the associated increase in U.S. dollar-denominated assets owned by foreigners. This report provides an overview of the U.S. balance of payments, an explanation of the broader role of capital flows in the U.S. economy, an explanation of how the country finances its trade deficit or a trade surplus, and the implications for Congress and the country of the large inflows of capital from abroad.
Most-Favored-Nation (Normal-Trade-Relations) Policy of the United States
Legislation was enacted in 1998 to replace in U.S. statutes the misleading term "most-favored-nation" with "normal trade relations" or another appropriate term. The United States accords general most- favored-nation (nondiscriminatory) treatment as a matter of statutory policy to all trading partners except those whose MFN tariff status has been suspended by specific legislation. Virtually all such suspensions have been carried out under the mandate of the Trade Agreements Extension Act of 1951.
NAFTA Labor Side Agreement: Lessons for the Workers Rights and Fast-Track Debate
No Description Available.
The International Wine Market: Description and Selected Issues
This report discusses the global trade in wine, which has increased rapidly during the past 25 years, steadily rising from under $1 billion in 1977 to over $7 billion in 2001. Reports of health benefits and rising global incomes have spurred increasing demand for wine, particularly in mid- to upper-income countries. In 2001, the United States was the world’s leading importer, just ahead of the European Union (EU). Together, they accounted for over 60% of global imports.
The International Wine Market: Description and Selected Issues
This report discusses global trade in wine, which has Several important issues have emerged in recent years with respect to international wine trade, particularly between the EU and non-EU countries, including oenological (wine-making) practices and the use of “semi-generic” names for wines. The latter issue is encompassed under the debate on “geographical indications” at the World Trade Organization. Ongoing bilateral negotiations between the United States and the EU seek to resolve both of these issues. .
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties
Granting Russia permanent normal trade relations (PNTR) status requires a change in law because Russia is prohibited from receiving unconditional and permanent NTR under Title IV of the Trade Act of 1974. This provision includes the so-called Jackson-Vanik amendment. Extension of PNTR has implications for Russia's accession to the World Trade Organization (WTO). This report examines this legislative issue in the context of Russian accession to the WTO and U.S.-Russian economic ties.
China-U.S. Trade Agreements: Compliance Issues
No Description Available.
Agriculture and Fast Track or Trade Promotion Authority
This report considers the issue of new "fast track" or trade promotion authority (APA) legislation in the 107th Congress. Moreover, the report summarizes the agricultural debates on the issue.
Trade Promotion Authority (Fast-Track Authority for Trade Agreements): Background and Developments in the 107th Congress
No Description Available.
Agriculture and Fast Track or Trade Promotion Authority
New “fast track,” or trade promotion, authority (TPA) cleared the 107th Congress, and was signed into law (P.L. 107-210) on August 6, 2002. Such authority enables the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests were among the export-oriented enterprises that supported TPA, arguing that foreign trading partners would not seriously negotiate with an Administration that lacked it. However, some farm groups argued that fast track ultimately will lead to new agreements that have adverse effects on U.S. producers, at least of some commodities.
Agriculture and Fast Track or Trade Promotion Authority
New “fast track,” or trade promotion, authority (TPA) cleared the 107th Congress, and was signed into law (P.L. 107-210) on August 6, 2002. Such authority enables the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests were among the export-oriented enterprises that supported TPA, arguing that foreign trading partners would not seriously negotiate with an Administration that lacked it. However, some farm groups argued that fast track ultimately will lead to new agreements that have adverse effects on U.S. producers, at least of some commodities.
Agricultural Biotechnology: Background and Recent Issues
Since the first genetically engineered (GE) crops (also called GM [genetically modified] crops, or GMOs, genetically modified organisms) became commercially available in the mid-1990s, U.S. soybean, cotton, and corn farmers have rapidly adopted them. As adoption has spread, there have been policy debates over the costs and benefits of GE products. Issues include the impacts of GE crops on the environment and food safety, and whether GE foods should be specially labeled. Congress generally has been supportive of GE agricultural products, although some Members have expressed wariness about their adoption and regulation. The 109th Congress will likely continue to follow trade developments, particularly the U.S.-EU dispute, as well as U.S. regulatory mechanisms for approving biotech foods.
Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status
The United States accords permanent normal-trade-relations (NTR) (formerly called most-favored-nation (MFN)) treatment to all its trading partners except six countries to which it is denied by law and 11 countries whose NTR status is temporary and subject to the conditions of Title IV of the Trade Act of 1974.
Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status
The United States accords permanent normal-trade-relations (NTR) (formerly called most-favored-nation (MFN)) treatment to all its trading partners except four countries to which it is denied by law and 11 countries whose NTR status is temporary and subject to the conditions of Title IV of the Trade Act of 1974.
Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status
This report provides information about the Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status. The United States extends unlimited and permanent NTR treatment to all its trading partners.
Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status
This report provides information about the Country Applicability of the U.S. Normal Trade Relations (Most-Favored-Nation) Status. The united states extends unlimitedand permanent nondiscriminatory treatment to all of its trading partners.
Horse Slaughter Prevention Bills and Issues
This report discusses the debate in Congress on whether to ban horse slaughter and the acceptability of this practice.
Trade Promotion Authority (Fast-Track): Labor Issues (Including H.R. 3005 and H.R. 3019)
No Description Available.
Currency Manipulation: The IMF and WTO
This report describes how the International Monetary Fund (IMF) and World Trade Organization (WTO) deal with the issue of currency manipulation.
CFTC Reauthorization in 2005
No Description Available.
International Trade and Finance: Key Policy Issues for the 112th Congress
This report examines the trade relations between the United States, the European Union, and China.
Fax-on-Demand Services Available from Federal Government Agencies
This report provides information about the Fax-on-Demand Services Available from Federal Government Agencies where numerous associations and organizations are finding fax publishing an efficient way to distribute information to the public or targeted audience.
The Dodd-Frank Wall Street Reform and Consumer Protection Act: Titles III and VI, Regulation of Depository Institutions and Depository Institution Holding Companies
This report discusses Titles III and VI of the Dodd-Frank Act, which effectuate changes in the regulatory structure governing depository institutions and their holding companies and, thus, constitute a substantial component of the reform effort.
Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis
This report provides a comparative economic analysis of the Trans-Pacific Partnership (TPP) countries and their economic relations with the United States. TPP negotiating partners encompass great diversity in population, economic development, and trade and investment patterns with the United States.
China-U.S. Trade Issues
This report provides an overview of U.S.-China economic relations, surveys major trade disputes, and lists major legislation in the 110th that seeks to address these issues.
The Export Administration Act: Evolution, Provisions, and Debate
The 109th Congress may consider legislation to renew and to reauthorize the Export Administration Act (EAA). Said legislation would revise the EAA, especially in the areas of penalties, enforcement, and U.S. policy towards multilateral export control regimes. Through the EAA, Congress delegates to the executive branch its express constitutional authority to regulate foreign commerce by controlling exports. EAA confers upon the President the power to control exports for national security, foreign policy or short supply purposes. Conflicting views on the liberalization of export administration controls, especially concerning particular exports such as high performance computers, encryption technology, stealth materials, satellites, machine tools, "hot-section" aerospace technology, and the issue of "deemed exports."
The Export Administration Act: Evolution, Provisions, and Debate
This paper discusses the Export Administration Act in terms of its evolution in the 20th century, its major features including the types of controls authorized by the act, the Commerce Control List and export licensing procedures, and issues concerning the maintenance of export controls under IEEPA. It then highlights several controlled commodities that have been featured prominently in export control discussions. Finally, it discusses competing business and national security perspectives concerning several of more contentious themes in the export control debate: the controllability of technology, the effectiveness of multilateral control regimes, the organization of the export control system, and the impact of export controls on the U.S. economy and business.
China-U.S. Trade Issues
This report examines the major U.S. - China trade issues.
Section 201 Safeguards on Solar Products and Washing Machines
This report discusses new U.S. tariffs on solar energy related products and certain large residential washing machines which are intended to safeguard American businesses from foreign competition temporarily while they adjust production levels and methods.
Transatlantic Regulatory Cooperation: Background and Analysis
This report discusses commercial ties between the United States and the 27-member European Union. These ties are substantial, growing, and mutually beneficial, but differences in regulatory approaches limit an even more integrated marketplace from developing. This report is intended to serve as an introduction and primer on this complicated, broad, and often highly technical set of issues.
Dispute Settlement in the World Trade Organization: An Overview
No Description Available.
Dispute Settlement in the World Trade Organization (WTO): An Overview
No Description Available.
Iraq Agriculture and Food Supply: Background and Issues
This report describes the influence military conflict and international sanctions have had on agriculture in relation to Iraq's economy. This includes the 1980-88 Iran-Iraq War, the 1991 Gulf War, and 2003 Iraq War, the varying degrees of government effort to promote and/or control agricultural production, and the response to 1990 U.N. Sanctions.
Federal Permitting and Oversight of Export of Fossil Fuels
This report reviews federal laws and the regulatory regime governing the export of natural gas, crude oil, and coal. This report provides an overview of federal laws and regulations and agency roles in authorizing and regulating the export of these fossil fuels.
Arms Sales: Congressional Review Process
This report reviews the process and procedures that currently apply to congressional consideration of foreign arms sales proposed by the President. This includes consideration of proposals to sell major defense equipment, defense articles and services, or the re-transfer to third party nations of such military items.
Taiwan: Major U.S. Arms Sales Since 1990
This report, updated as warranted, discusses U.S. security assistance to Taiwan, or Republic of China (ROC), including policy issues for Congress and legislation.
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