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 Decade: 2010-2019
 Year: 2011
 Collection: Congressional Research Service Reports
Trade Law: An Introduction to Selected International Agreements and U.S. Laws
This report is an introductory overview of the legal framework governing trade-related measures. The agreements and laws selected for discussion are those most-commonly implicated by U.S. trade interests, but there are U.S. trade laws and obligations beyond those reviewed in this report. digital.library.unt.edu/ark:/67531/metadc103100/
The Trans-Pacific Partnership Agreement
This report discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Original members of the TPP were Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have committed themselves to joining and expanding this group. This report discusses similar trade partnerships, the importance of Asia to U.S. trade and security interests, and U.S. participation in the TPP. digital.library.unt.edu/ark:/67531/metadc31462/
Agriculture in Pending U.S. Free Trade Agreements with Colombia, Panama, and South Korea
This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries. digital.library.unt.edu/ark:/67531/metadc103059/
International Trade and Finance: Key Policy Issues for the 112th Congress
Report concerning a variety of issues faced by the 112th Congress. Topics include trade negotiations with South Korea, Panama, Colombia, and China, export controls and sanctions, and international financial institutions. digital.library.unt.edu/ark:/67531/metadc227698/
International Trade: Rules of Origin
This report deals with Rules of Origin (ROO) in three parts: [1] a detailed description of the reasons that country-of-origin rules are important with brief descriptions of U.S. laws and methods that provide direction in making these determinations; [2] a brief discussion of some of the more controversial issues involving rules of origin, including the apparently subjective nature of some CBP origin determinations, and the effects of the global manufacturing process on ROO; and [3] a description of some alternatives and options that Congress could consider that might assist in simplifying the process. digital.library.unt.edu/ark:/67531/metadc122323/
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties
U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs) have been approved by majority vote of each house rather than by two-thirds vote of the Senate - that is, they have been treated as congressional-executive agreements rather than as treaties. The congressional-executive agreement has been the vehicle for implementing Congress's long-standing policy of seeking trade benefits for the United States through reciprocal trade negotiations. This report discusses this topic in brief. digital.library.unt.edu/ark:/67531/metadc83844/
The Trans-Pacific Partnership Agreement
This report discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Original members of the TPP were Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have committed themselves to joining and expanding this group. This report discusses similar trade partnerships, the importance of Asia to U.S. trade and security interests, and U.S. participation in the TPP. digital.library.unt.edu/ark:/67531/metadc93815/
Agriculture in Pending U.S. Free Trade Agreements with South Korea, Colombia, and Panama
This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries. digital.library.unt.edu/ark:/67531/metadc93818/
The Future of U.S. Trade Policy: An Analysis of Issues and Options for the 112th Congress
Report that discusses the trade issues that the 112th Congress could face and the political and economic context in which these issues are being debated. digital.library.unt.edu/ark:/67531/metadc227665/
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties
U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs) have been approved by majority vote of each house rather than by two-thirds vote of the Senate - that is, they have been treated as congressional-executive agreements rather than as treaties. The congressional-executive agreement has been the vehicle for implementing Congress's long-standing policy of seeking trade benefits for the United States through reciprocal trade negotiations. This report discusses this topic in brief. digital.library.unt.edu/ark:/67531/metadc31461/
Europe's Preferential Trade Agreements: Status, Content, and Implications
This report explores intersecting issues regarding Europe's preferential trade agreements (PTA) in three parts. The first section discusses the status and primary motivations of the EU's PTAs currently in place or under negotiation. The second compares the content and trade coverage of Europe's PTAs to U.S. PTAs. A third section assesses the implications of the EU's PTA program for the multilateral trading system and U.S. trade policy. A concluding section evaluates future directions for Europe's PTA policy. digital.library.unt.edu/ark:/67531/metadc103086/
Trade Promotion Authority and the U.S.-South Korea Free Trade Agreement
This report looks at the effects of the Korean Free Trade Agreement (KORUS FTA) on side agreements via the North American Free Trade Agreement (NAFTA). digital.library.unt.edu/ark:/67531/metadc103115/
Generalized System of Preferences: Background and Renewal Debate
This report presents, first, a brief history, economic rationale, and legal background leading to the establishment of the U.S. Generalized System of Preferences (GSP) program, which provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDC's). A brief comparison of GSP programs worldwide, especially as they compare to the U.S. system, is also presented. Second, the report presents a discussion of U.S. implementation of the GSP, along with the present debate surrounding its renewal and legislative developments to date. Third, an analysis of the U.S. program's effectiveness and the positions of various stakeholders is presented. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed. digital.library.unt.edu/ark:/67531/metadc33059/
What's the Difference?-Comparing U.S. and Chinese Trade Data
This paper examines the differences in trade data from the United States and China in two ways. First, it compares the trade figures at the two digit level using the Harmonized System to discern any patterns in the discrepancies between the U.S. and Chinese data. The second approach to examining the differing trade data involves a review of the existing literature on the technical and non-technical sources of the trade data discrepancies, including an October 2009 joint China-U.S. report on statistical discrepancies in merchandise trade data. digital.library.unt.edu/ark:/67531/metadc33110/
Trade in Services: The Doha Development Agenda Negotiations and U.S. Goals
The United States and the other 153 members of the World Trade Organization (WTO) have been engaged in a set or "round" of negotiations called the Doha Development Agenda (DDA) since December 2001. The DDA's main objective is to refine and expand the rules by which WTO members conduct foreign trade with one another. This report is designed to assist the 112th Congress to understand and monitor progress of the negotiations and the major issues that the negotiators are addressing. The report provides a brief background section on the significance of 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 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. digital.library.unt.edu/ark:/67531/metadc33048/
Proposed U.S.-Colombia Free Trade Agreement: Background and Issues
The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (0.9% in 2010), ranking 20th among U.S. export markets and 25th as a source of U.S. imports. Economic studies on the impact of a U.S.-Colombia free trade agreement (FTA) have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 1.9%). digital.library.unt.edu/ark:/67531/metadc40233/
Proposed U.S.-Colombia Free Trade Agreement: Background and Issues
This report discusses the proposed U.S.-Colombia Free Trade Agreement (CFTA) signed November 22, 2006, which has not yet been approved by Congress. It includes an overview of the proposed CFTA and U.S.-Colombia trade, background on Colombia, issues for Congress to consider, Colombia's plan to improve labor rights, and the actions that Colombia has already taken to improve violence, labor, and human rights within the country. digital.library.unt.edu/ark:/67531/metadc96805/
U.S.-Vietnam Economic and Trade Relations: Issues for the 112th Congress
This report discusses the economic relationship between Vietnam and the U.S. that resumed in the 1990s. Of particular interest to Congress is that both nations may soon be members of the Trans-Pacific Strategic Economic Partnership Agreement (TTP). digital.library.unt.edu/ark:/67531/metadc97988/
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties
The change in Russia's trade status will require legislation to lift the restrictions currently applied to Russia under Title IV of the Trade Act of 1974, which includes the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. The process for Russia's accession to the World Trade Organization (WTO) is proceeding and may be completed soon. As a result, Members may confront the issue of whether to grant Russia permanent normal trade relations (PNTR) status during the 112th Congress. digital.library.unt.edu/ark:/67531/metadc84102/
World Trade Organization (WTO) Decisions and Their Effect in U.S. Law
This report looks at specific laws that have been affected by interactions between the Uruguay Round Agreements Act, the WTO, and domestic law. digital.library.unt.edu/ark:/67531/metadc103239/
World Trade Organization Negotiations: The Doha Development Agenda
This report discusses the World Trade Organization (WTO) Doha Round of multilateral trade negotiations, begun in November 2001, which has entered its 11th year. The report includes background on Doha and the significance fo the negotiations as well as a breakdown of issues on the Doha agenda and the role of the Congress. digital.library.unt.edu/ark:/67531/metadc93974/
Dispute Settlement in the World Trade Organization (WTO): An Overview
This report describes the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU), which is the World Trade Organization's (WTO) means of resolving disputes arising under WTO agreements. The report includes criticisms of certain flaws in the DSU, as well as WTO Members' suggestions for improvement. The report also describes the Office of the United States Trade Representative (USTR), which represents the United States in WTO disputes. Also discussed are pieces of legislation that dictate procedures for specifically the United States in instances of WTO disputes. digital.library.unt.edu/ark:/67531/metadc33078/
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. digital.library.unt.edu/ark:/67531/metadc33091/
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
As global economic competition heightens, many firms and workers face difficult adjustment problems. Congress has responded to these adjustment costs by authorizing four trade adjustment assistance (TAA) programs to assist trade-impacted workers, firms, farmers, and communities. This report discusses the TAA program for firms (TAAF). The TAAF program provides technical assistance to trade-affected firms to help them develop strategies and make other adjustments to remain competitive in the changing international economy. digital.library.unt.edu/ark:/67531/metadc87360/
Trade Agreements: Impact on the U.S. Economy
This report examines the major features of economic models being used to estimate the effects of trade agreements. It assesses the strengths and weaknesses of the models as an aid in helping Congress evaluate the economic impact of trade agreements on the U.S. economy. digital.library.unt.edu/ark:/67531/metadc103162/
Pending U.S. and EU Free Trade Agreements with South Korea: Possible Implications for Automobile and Other Manufacturing Industries
This report provides U.S. lawmakers with a comparison of the manufacturing components in the South Korea free trade agreement (KORUS) and the European Union and South Korea free trade agreement (KOREU FTA). Also included is a brief overview of the possible implications of the two pending FTAs on other selected industrial sectors affected by the FTAs: home appliances, consumer electronics, textiles and apparel, and pharmaceuticals and medical devices. digital.library.unt.edu/ark:/67531/metadc103106/
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report looks at the background of Trade Adjustment Assistance (TAA) in the Trade Expansion Act of 1962, which was created by Congress. It then discusses how the 112th Congress is considering legislative action to extend the TAA - including two issues: how necessary or appropriate the extension is, and whether or not three proposed bills should be voted upon separately. digital.library.unt.edu/ark:/67531/metadc93893/
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report looks at the background of Trade Adjustment Assistance (TAA) in the Trade Expansion Act of 1962, which was created by Congress. It then discusses how the 112th Congress is considering legislative action to extend the TAA - including two issues: how necessary or appropriate the extension is, and whether or not three proposed bills should be voted upon separately. digital.library.unt.edu/ark:/67531/metadc93892/
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
As global economic competition heightens, many firms and workers face difficult adjustment problems. Congress has responded to these adjustment costs by authorizing four trade adjustment assistance (TAA) programs to assist trade-impacted workers, firms, farmers, and communities. This report discusses the TAA program for firms (TAAF). The TAAF program provides technical assistance to trade-affected firms to help them develop strategies and make other adjustments to remain competitive in the changing international economy. digital.library.unt.edu/ark:/67531/metadc33080/
Dispute Settlement in the World Trade Organization (WTO): An Overview
This report describes the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU), which is the World Trade Organization's (WTO) means of resolving disputes arising under WTO agreements. The report includes criticisms of certain flaws in the DSU, as well as WTO Members' suggestions for improvement. The report also describes the Office of the United States Trade Representative (USTR), which represents the United States in WTO disputes. Also discussed are pieces of legislation that dictate procedures for specifically the United States in instances of WTO disputes. digital.library.unt.edu/ark:/67531/metadc40243/
The U.S. Export Control System and the President's Reform Initiative
This report looks at how the 112th Congress may consider reforms of the U.S. export control system. digital.library.unt.edu/ark:/67531/metadc96700/
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report covers the origin and history of the Trade Adjustment Assistance (TAA), created by Congress in the Trade Expansion Act of 1962 to help workers and firms adjust to economic dislocation that may be caused by trade liberalization. The report also covers Congressional disagreements over the effectiveness of TAA, and whether it should be renewed when it expires in February 2012. digital.library.unt.edu/ark:/67531/metadc96704/
WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases
This report discusses the details of fourteen World Trade Organization (WTO) disputes in which rulings have not yet been implemented or in which the United States has acted and the dispute has not been fully resolved. The cases include disputes regarding trade remedies, antidumping, aircraft subsidies, cotton subsidies, online gambling restrictions, music copyright law, and trademark infringement. digital.library.unt.edu/ark:/67531/metadc99081/
Generalized System of Preferences: Background and Renewal Debate
This report presents, first, a brief history, economic rationale, and legal background leading to the establishment of the U.S. Generalized System of Preferences (GSP) program, which provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDC's). A brief comparison of GSP programs worldwide, especially as they compare to the U.S. system, is also presented. Second, the report presents a discussion of U.S. implementation of the GSP, along with the present debate surrounding its renewal and legislative developments to date. Third, an analysis of the U.S. program's effectiveness and the positions of various stakeholders is presented. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed. digital.library.unt.edu/ark:/67531/metadc84065/
The World Trade Organization: The Non- Agricultural Market Access (NAMA) Negotiations
This report looks at the evolution of the Doha Round World Trade Organization (WTO) negotiations, possible effects of the Non-Agricultural Market Access (NAMA) agreement, and major negotiating issues from a U.S. standpoint. NAMA refers to the cutting of tariff and non-tariff barriers (NTB) on industrial and primary products, basically all trade in goods which are not foodstuffs. digital.library.unt.edu/ark:/67531/metadc122308/
Export-Import Bank: Background and Legislative Issues
The Export-Import Bank of the United States (Ex-Im Bank), an independent federal government agency, is the official export credit agency of the United States. It helps finance American exports of manufactured goods and services, with the objective of contributing to the employment of U.S. workers, primarily in circumstances when alternative financing is not available. Ex-Im Bank also may assist U.S. exporters to meet foreign, officially sponsored, export credit competition. Ex-Im Bank's main programs are direct loans, loan guarantees, working capital guarantees, and export credit insurance. Ex-Im Bank transactions are backed by the full faith and credit of the U.S. government. The Bank operates under a renewable charter, the Export-Import Bank Act of 1945, which requires that all of the Bank's financing have a reasonable assurance of repayment and directs the Bank to supplement, and to not compete with, private capital. digital.library.unt.edu/ark:/67531/metadc83851/
Dispute Settlement in the Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA)
The proposed U.S.-South Korea Free Trade Agreement (KORUS FTA)1 follows current U.S. free trade agreement (FTA) practice in containing two types of dispute settlement: (1) State-State, applicable to disputes between the Parties to the KORUS FTA, and (2) investor-State, applicable to claims by an investor of one Party against the other Party for breach of a KORUS FTA investment obligation. digital.library.unt.edu/ark:/67531/metadc40137/
Dispute Settlement Under the U.S.-Peru Trade Promotion Agreement: An Overview
This report discusses the U.S.-Peru Trade Promotion Agreement (PTPA) and the two types of formal dispute settlement it contains: 1) State-State and 2) investor-State. The report also discusses how the PTPA differs from earlier U.S. Free Trade Agreements (FTAs). digital.library.unt.edu/ark:/67531/metadc103248/
Dispute Settlement Under the U.S.-Peru Trade Promotion Agreement: An Overview
This report discusses the U.S.-Peru Trade Promotion Agreement (PTPA) and the two types of formal dispute settlement it contains: 1) State-State and 2) investor-State. The report also discusses how the PTPA differs from earlier U.S. Free Trade Agreements (FTAs). digital.library.unt.edu/ark:/67531/metadc40274/
Israel's Offshore Natural Gas Discoveries Enhance Its Economic and Energy Outlook
This report discusses Israel's historical dependence on energy imports, and the recent offshore natural gas discoveries that could possibly make Israel a prominent exporter of natural gas. This report also discusses how development of the recently discovered natural gas fields could affect Israel's economy and energy security, and how Israel may or may not consult with the U.S. or other natural gas producting countries while weighing its options. digital.library.unt.edu/ark:/67531/metadc31480/
Generalized System of Preferences: Agricultural Imports
The Generalized System of Preferences (GSP) provides duty-free tariff treatment for certain products from designated developing countries. Some in Congress have continued to call for changes to the program that could limit GSP benefits to certain countries, among other changes. Opinion within the U.S. agriculture industry is mixed, reflecting both support for and opposition to the current program. In the past few years, Congress has extended GSP through a series of short-term extensions. However, the 111th Congress did not extend the GSP in 2010, and it was set to expire December 31, 2010. The expiration of the GSP will likely become a legislative issues in the 112th Congress. digital.library.unt.edu/ark:/67531/metadc31496/
The U.S. Trade Deficit, the Dollar, and the Price of Oil
This report analyzes the relationship between the dollar and the price of oil and how the two might interact. This report provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit. digital.library.unt.edu/ark:/67531/metadc33074/
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. digital.library.unt.edu/ark:/67531/metadc33053/
Trade Promotion Authority and Fast-Track Negotiating Authority for Trade Agreements: Major Votes
Report that profiles significant legislation, including floor votes, that authorized the use of presidential Trade Promotion Authority (TPA) --previously known as fast-track trade negotiating authority --since its inception in 1974. The report also includes a list of floor votes since 1979 on implementing legislation for trade agreements that were passed under TPA fast-track procedures. digital.library.unt.edu/ark:/67531/metadc228103/
U.S. Trade Deficit and the Impact of Changing Oil Prices
Report that provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade deficit. digital.library.unt.edu/ark:/67531/metadc228141/
Arab League Boycott of Israel
This report briefly discusses the Arab League's boycott of Israeli companies and Israeli-made goods since Israel's founding in 1948, as well as U.S. efforts to end the boycott and prevent U.S. firms in participating in the boycott. digital.library.unt.edu/ark:/67531/metadc84073/
Proposed U.S.-Colombia Free Trade Agreement: Labor Issues
This report examines three labor issues and arguments related to the pending U.S.-Colombia free trade agreement (CFTA; H.R. 5724 and S. 2830): violence against trade unionists; impunity (accountability for or punishment of the perpetrators); and worker rights protections for Colombians. digital.library.unt.edu/ark:/67531/metadc84091/
Trade Preferences for Developing Countries and the World Trade Organization (WTO)
This report discusses the trade preferences and General Agreement on Tariffs and Trade (GATT) most-favored-nation (MFN) requirements, World Trade Organization (WTO) waivers for preferential trade agreements, and WTO waivers for U.S. preference programs. digital.library.unt.edu/ark:/67531/metadc103240/
Proposed U.S.-Colombia Free Trade Agreement: Background and Issues
This report examines three labor issues and arguments related to the pending U.S.-Colombia free trade agreement (CFTA; H.R. 5724 and S. 2830): violence against trade unionists, impunity (accountability for or punishment of the perpetrators), and worker rights protections for Colombians. digital.library.unt.edu/ark:/67531/metadc98099/
U.S. Trade Deficit and the Impact of Changing Oil Prices
This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade deficit. digital.library.unt.edu/ark:/67531/metadc94212/
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