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Overview of U.S.-South Korea Agricultural Trade
This report provides an overview of U.S.-South Korea agricultural trade, including details of key agricultural products and issues affecting U.S. exports.
The U.S. Export Control System and the Export Control Reform Initiative
This report discusses the U.S. export control system and the initiative started by President Obama to study and make recommendations for reform of the export control system by streamlining processes and consolidating control of the program in one agency.
The 2016 G-20 Summit
This report discusses the 2016 G-20 summit where the leaders of the Group of Twenty (G-20) countries met in Hangzhou, China.
American Agriculture and the Trans-Pacific Partnership (TPP) Agreement
This report identifies four considerations about the Trans-Pacific Partnership (TPP) agreement that are particularly relevant for U.S. food and agriculture. It includes a partial snapshot of some of the higher-profile improvements in market access for agricultural products in the agreement, a summary of selected provisions beyond market access that are of interest to food and agriculture, a brief overview of industry reactions to the agreement, and a review of what would need to occur for the agreement to enter into force for the United States.
The Trans-Pacific Partnership (TPP): In Brief
This report briefly summarizes some of the key provisions listed in the Trans-Pacific Partnership (TPP) that are seen as controversial. The TPP is a proposed free trade agreement (FTA) among 12 Asia-Pacific countries, which the Obama Administration casts as comprehensive, with economic and strategic significance for the United States. These controversial issues include select market access (such as on dairy and other agricultural products, autos, and textiles and apparel) as well as the level of intellectual property protection, the scope and enforcement of environment and worker rights provisions, the treatment of state-owned enterprises (SOEs), investor-state dispute settlement, access to government procurement, and the potential inclusion of provisions on currency valuation and exchange rates.
Saudi Arabia: Background and U.S. Relations
This report discusses the current state of the kingdom of Saudi Arabia, its relationship with the United States, and future initiatives to further develop U.S.-Saudi relations. The kingdom of Saudi Arabia, ruled by the Al Saud family since its founding in 1932, wields significant global political and economic influence. Close U.S.-Saudi official relations have survived a series of challenges since the 1940s, and, in recent years, shared concerns over Sunni Islamist extremist terrorism and Iranian regional ambitions have provided a renewed logic for continued strategic cooperation.
Japan's Possible Entry Into the Trans-Pacific Partnership and Its Implications
This report discusses the effects of the possible entry of Japan to the Trans-Pacific Partnership (TPP) negotiations. The TPP issue presents both risks and opportunities for the United States and Japan. On the one hand, it could reinvigorate an economic relationship that has remained steady but stagnant, by forcing the two countries to address long-standing, difficult issues, and allowing them to raise their relationship to a higher level. On the other hand, failure to do so could indicate that the underlying problems are too fundamental to overcome and could set back the relationship.
U.S. Natural Gas Exports: New Opportunities, Uncertain Outcomes
This report examines what has changed in the U.S. natural gas market and the prospects and implications of the United States becoming a significant net natural gas exporter.
Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis
The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) currently under negotiation between Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam. The negotiating partners have expressed an interest in allowing this proposed “living agreement” to cover new trade topics and to include new members that are willing to adopt the proposed agreement's high standards. This report provides a comparative economic analysis of the TPP countries and their economic relations with the United States. It suggests that the TPP negotiating partners encompass great diversity in population, economic development, and trade and investment patterns with the United States. This economic diversity and inclusion of fast-growing emerging markets presents both opportunities and challenges for the United States in achieving a comprehensive and high standard regional FTA among TPP countries.
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.
U.S.-Latin America Trade: Recent Trends and Policy Issues
Trade is one of the more enduring issues in contemporary U.S.-Latin America relations. Latin America is far from the largest U.S. regional trade partner, but historically is the fastest growing one. The United States has implemented comprehensive reciprocal trade agreements with most of its important trade partners in Latin America. Agreements with Panama and Colombia have been signed but not implemented, pending congressional action. Countries south of the Caribbean Basin have been reluctant to enter into such a deal because it does not meet their primary negotiation objectives. This report looks at the status, implications, and alternatives to current free trade agreements in the region.
Trade Primer: Qs and As on Trade Concepts, Performance, and Policy
This report is divided into four sections in a question-and-answer format: trade concepts, U.S. trade performance, formulation of U.S. trade policy, and trade and investment issues. The first section on "Trade Concepts" deals with why countries trade, the consequences of trade expansion, and the relationship between globalization and trade. The second section, on trade performance, focuses on the U.S. trade deficit and its impact on industries. The third section deals with the roles played by the Executive Branch, Congress, the private sector, and the Judiciary in the formulation of U.S. trade policy. The fourth section, on U.S. trade and investment policy, asks questions related to trade negotiations and agreements and to imports, exports, and investments.
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.
FY2010 Supplemental Appropriations for Agriculture
This report is categorized into two categories: (I) Agriculture in the Tax Extenders Bill (H.R. 4213) and (II) Agriculture in the Supplemental Appropriations Bill (H.R. 4899).
Agricultural Biotechnology: The U.S.-EU Dispute
This report focuses on a conflict between the European Union (EU) and the United States, Canada, and Argentina. The United States suggests that the European Union's moratorium costs the U.S. 300 million dollars in exports to the EU annually. Moreover, the report highlights other concerns the U.S. has with the EU's biotechnology policies.
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.
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.
China-U.S. Relations: Current Issues and Implications for U.S. Policy
This report addresses relevant policy questions in current U.S.-China relations, discusses trends and key legislation in the current Congress, and provides a chronology of developments and high-level exchanges.
Iran Sanctions
This report discusses the increasing international pressure on Iran to curb its nuclear program and how that pressure discourages foreign firms from investing in Iran's energy sector, hindering Iran's efforts to expand oil production. This report discusses the history and progress of the formal U.S. effort to curb energy investment in Iran, which began with the Iran Sanctions Act (ISA) in 1996.
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.
The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
This report discusses negotiation issues and evolution of the CAFTA-DR agreement from the time negotiations commenced on January 27, 2003 until its implementation by the last country on January 1, 2009.
Avian Flu Pandemic: Potential Impact of Trade Disruptions
Concerns about potential disruptions in U.S. trade flows due to a global health or security crisis are not new. The possibility of an avian flu pandemic with consequences for global trade is a concern that has received attention recently, although some experts believe there is little cause for alarm. This report considers possible trade disruptions, including possible impacts on trade between the United States and countries and regions that have reported avian influenza infections.
China's Currency: A Summary of the Economic Issues
This report summarizes China's economic issues and its currency manipulation, intended to make its exports cheaper and imports into China more expensive than they would be under free market conditions.
China's Currency: A Summary of the Economic Issues
Many Members of Congress charge that China's policy of accumulating foreign reserves (especially U.S. dollars) to influence the value of its currency constitutes a form of currency manipulation intended to make its exports cheaper and imports into China more expensive than they would be under free market conditions. Although China made modest reforms to its currency policy in 2005, Members contend the forms have not gone far enough and have warned of potential legislative action. This report summarizes the main findings CRS Report RL32165, China's Currency: Economic Issues and Options for U.S. Trade Policy.
Health and Safety Concerns Over U.S. Imports of Chinese Products: An Overview
China is a major source of U.S. imports of consumer products (such as toys) and an increasingly important supplier of various food products. Reports of unsafe seafood, pet food, toys, tires, and other products imported from China over the past year or so have raised concern in the United States over the health, safety, and quality of imported Chinese products. This report provides an overview of this issue and implications for U.S.-China trade relations.
European Union–U.S. Trade and Investment Relations: Key Issues
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The Exon-Florio National Security Test for Foreign Investment
This report covers the recent background of the Exon-Florio provision with special regards to issues faced in the 112th Congress. The Exon-Florio provision grants the President the authority to block proposed or pending foreign acquisitions of "persons engaged in interstate commerce in the United States" that threaten to impair the national security.
Trade Negotiations During the 110th Congress
This report discusses the trade negotiations during Bush Administration, which has made bilateral and regional free-trade agreements (FTAs) an important element of U.S. trade policy, a strategy known as “competitive liberalization.”
Trade Preferences for Developing Countries and the WTO
This report discuses programs with in the World Trade Organization (WTO) regarding trade between members.
Armenia, Azerbaijan, and Georgia: Political Developments and Implications for U.S. Interests, 2006, December 8
This report talks about Armenia, Azerbaijan, and Georgia: Political Developments and Implications for U.S. Interests.
A Free Trade Area of the Americas: Major Policy Issues and Status of Negotiations
This report provides information about the Major Policy Issues and Status of Negotiations on the Free Trade Area of the Americas. The FTAA began as a commitment by 34 countries to consider a comprehensive trade agreement.
DR-CAFTA: Regional Issues
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Immigration Issues in Trade Agreements
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NAFTA at Ten: Lessons from Recent Studies
This report evaluates multiple studies, whose assessments of NAFTA, by and large, are analytical in nature, use established methodologies, caveat their own work to reflect limitations of the research, and draw on academic rather than special interest research.
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare
This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief interview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare
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Dairy Policy Issues
This report gives an overview of Dairy policy issues and the contents include Dairy forward pricing pilot program, Milk Income Loss Contract (MILC) payments, Milk protein concentrate trade issues, and dairy price support program
U.S.-Latin American Trade: Recent Trends
Since congressional passage of Trade Promotion Authority (TPA) in August 2002 (P.L. 107-210), the U.S.-Chile free trade agreement (FTA) has been implemented and negotiations were concluded on the Dominican Republic-Central America-United States Free Trade Agreement (DR-CAFTA). Implementing legislation may be introduced in the first session of the 109th Congress. Other important U.S.-Latin America trade initiatives include FTA negotiations with three Andean countries and Panama, and the ongoing but slowed talks on the Free Trade Area of the Americas (FTAA). Congress defined trade negotiation objectives in TPA and trade agreements are enacted only after Congress passes implementing legislation. This report supports the congressional role in trade policy by providing an analytical overview of U.S.-Latin American trade data and trends.
Haitian Textile Industry: Impact of Proposed Trade Assistance
This report defines the term textile industry as including apparel manufacture/assembly. Moreover, such a definition is essential in the present context inasmuch as apparel making constitutes nearly all "textile" manufacturing in Haiti.
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties
Trade agreements such asthe NAFTA and the GATT Uruguay Round agreements have been approved by majority vote of each House of Congress rather than by twothirds vote of the Senate — that is, they have been treated as congressional-executive agreements rather than astreaties. The congressional-executive agreement has been the vehicle for implementingCongress' long-standing policy ofseeking trade benefitsfor the United States through reciprocal trade negotiations. In a succession of statutes, Congress has authorized the President to negotiate and enter into tariff and nontariff barrier (NTB) agreements for limited periods, while mandating that NTB and free trade area agreements negotiated under this authority could enter into force for the United States only if approved by both Houses in a bill enacted into public law and other statutory conditions were met.
Agricultural Biotechnology: Overview and Selected Issues
This report considers the issues surrounding genetically engineered (GE) crops or GMO's (genetically modified organisms). Moreover, the report debates the consequences of GE crops on the environment, food safety, and labeling. The report also debates the merits of regulation on the market the crops have entered.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 1996-2003
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Comparison of the House and Senate ETI/Business Investment Bills (H.R. 4520 and S. 1637, 108th Congress)
In fall 2004, Congress considered legislation that addresses both domestic and international business investment and the long-simmering controversy between the United States and the European Union over the U.S. tax code's extraterritorial income tax benefit for exporting. This report contains information on agreements between the U.S. and the European Union, impact on tax revenues, extraterritorial income benefit for exports, tax benefits restricted to domestic production, and more.
Saudi Arabia: Current Issues and U.S. Relations
This report includes information regarding current issues in Saudi Arabia, background to Saudi-U.S. relations, and congressional interest in Saudi Arabia
U.S.-European Union Trade Relations: Issues and Policy Challenges
This report includes information regarding issues and policy challenges with U.S.-European trade relations. Growing strains, resolving longstanding disputes, and strengthening the multilateral trading system are among topics discussed in this report.
Caribbean Basin Interim Trade Program: CBI/NAFTA Parity
The entry into force, on January 1, 1994, of the North American Free Trade Agreement (NAFTA) has eliminated the advantage that the beneficiaries of the Caribbean Basin Economic Recovery Act (CBERA) and related provisions of the Caribbean Basin Initiative (CBI) had enjoyed in trade with the United States relative to Mexico, and gave Mexico an increasingly significant competitive edge over the CBERA countries. The scheduled further implementation of the NAFTA would have resulted in a substantial advantage to Mexico over the CBERA countries and vitiate in part the purpose of the CBERA.
The U.S.-Singapore Free Trade Agreement
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Technology Transfer: Use of Federally Funded Research and Development
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Lumber Imports from Canada: Issues and Events
This report provides a concise historical account of the dispute, summarizes the subsidy and injury evidence, and discusses the current issues and events regarding lumber imports from Canada.
Taiwan and the World Trade Organization
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