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 Collection: Congressional Research Service Reports
Brazil: Background and U.S. Relations

Brazil: Background and U.S. Relations

Date: August 20, 2015
Creator: Meyer, Peter J.
Description: This report discusses the current political and economic situation in Brazil, and examines the U.S.'s commercial relationship with the country. The United States traditionally has enjoyed robust economic and political relations with Brazil, which is the seventh-largest economy in the world and is recognized by the Obama Administration as a "major global player" and an "indispensable partner" on issues ranging from international development to climate change.
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Generalized System of Preferences: Background and Renewal Debate

Generalized System of Preferences: Background and Renewal Debate

Date: August 17, 2015
Creator: Jones, Vivian C.
Description: This report presents recent developments and a brief history of the U.S. Generalized System of Preferences (GSP), which provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). It discusses the economic rationale and legal background leading to the establishment of the GSP and the U.S. implementation of the GSP. The report also presents an analysis of the U.S. program's effectiveness and the positions of various stakeholders, as well as the implications of the expiration of the U.S. program and possible options for Congress.
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Iran, Gulf Security, and U.S. Policy

Iran, Gulf Security, and U.S. Policy

Date: August 14, 2015
Creator: Katzman, Kenneth
Description: This report discusses issues regarding Iran's political history and structure. It also takes a look at economic and defense policy responses for Congress, specifically focusing on Iran's nuclear capabilities.
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U.S. Trade Concepts, Performance, and Policy: Frequently Asked Questions

U.S. Trade Concepts, Performance, and Policy: Frequently Asked Questions

Date: August 3, 2015
Creator: Morrison, Wayne M.; Bolle, Mary Jane; Jackson, James K.; Jones, Vivian C.; Villarreal, M. A. & Meza, Candy
Description: This report discusses trade issues relevant to Congress. It 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.
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Expansion of WTO Information Technology Agreement Targets December Conclusion

Expansion of WTO Information Technology Agreement Targets December Conclusion

Date: July 28, 2015
Creator: Fefer, Rachel F.
Description: This report discusses the World Trade Organization (WTO) expansion and agreement to expand the Information Technology Agreement (ITA) and eliminate tariffs on 201 goods not included in the original 1996 ITA.
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U.S. Agricultural Trade with Cuba: Current Limitations and Future Prospects

U.S. Agricultural Trade with Cuba: Current Limitations and Future Prospects

Date: July 23, 2015
Creator: McMinimy, Mark A.
Description: This report reviews the current state of agricultural trade between the United States and Cuba. It identifies key impediments to expanding bilateral trade in agricultural products and key provisions in the law to which these obstacles are anchored, and also considers the potential consequences for trade in agricultural goods if bilateral trade were returned to a more normal footing. It also summarizes several of the bills introduced in the 114th Congress that propose to remove specific restrictions that impede trade in agricultural goods or that seek to lift the embargo on Cuba entirely.
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Financing the U.S. Trade Deficit

Financing the U.S. Trade Deficit

Date: July 17, 2015
Creator: Jackson, James K.
Description: 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.
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U.S.-Taiwan Trade Relations

U.S.-Taiwan Trade Relations

Date: July 14, 2015
Creator: Morrison, Wayne M.
Description: This report discusses the U.S. - Taiwan relations. U.S. trade data indicate that in 2014, Taiwan was the United States’ 10th largest merchandise trading partner (at $67.4 billion), 14th largest export market ($26.8 billion), and 12th largest source of imports ($40.6 billion).
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Trade Promotion Authority (TPA): Frequently Asked Questions

Trade Promotion Authority (TPA): Frequently Asked Questions

Date: July 2, 2015
Creator: Fergusson, Ian F. & Beth, Richard S.
Description: The issue of TPA reauthorization raises a number of questions regarding TPA itself and the pending legislation. This report addresses a number of those questions that are frequently asked, including the following: What is trade promotion authority? Is TPA necessary? What are trade negotiating objectives and how are they reflected in TPA statutes? What requirements does Congress impose on the President under TPA? Does TPA affect congressional authority on trade policy?
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Ex-Im Bank's General Statutory Authority Expires

Ex-Im Bank's General Statutory Authority Expires

Date: July 1, 2015
Creator: Akhtar, Shayerah Ilias
Description: This report discusses the Export-Import Bank (Ex-Im Bank), a wholly owned federal government corporation which seeks to provide direct loans, loan guarantees, and export credit insurance to: (1) support exports that the private sector is unwilling or unable to finance alone at commercially viable terms; and/or (2) counter government-backed financing offered by foreign countries through their export credit agency (ECA).
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Economic Crisis in Greece

Economic Crisis in Greece

Date: June 29, 2015
Creator: Nelson, Rebecca M.
Description: This report briefly discusses the current economic situation in Greece. Questions about whether Greece will stay in the Eurozone have resurfaced, as the government's stalemate with the International Monetary Fund (IMF) and Eurozone creditors has reached a critical point.
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The United Arab Emirates (UAE): Issues for U.S. Policy

The United Arab Emirates (UAE): Issues for U.S. Policy

Date: June 24, 2015
Creator: Katzman, Kenneth
Description: This report discusses the open economy and society of the United Arab Emirates (UAE), provides a general description of the UAE's government and political structure, and outlines the effects of the recent global economic downturn on the UAE in general and on the city of Dubai in particular. It also describes U.S. concern over the proliferation of advanced technology in relation to a recently-signed U.S.-UAE civilian nuclear agreement, due to the UAE economy and the UAE's lax export controls.
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Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy

Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy

Date: June 15, 2015
Creator: Fergusson, Ian F.
Description: This report presents background and analysis on the development of Trade Promotion Authority (TPA), which expired on July 1, 2007. The report also includes a summary of the major provisions under the recently expired authority and a discussion of the issues that have arisen in the debate over TPA renewal, as well as policy options available to Congress.
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China's Economic Rise: History, Trends, Challenges, and Implications for the United States

China's Economic Rise: History, Trends, Challenges, and Implications for the United States

Date: June 14, 2015
Creator: Morrison, Wayne M.
Description: This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise for the United States.
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Trade Promotion Authority (TPA): Frequently Asked Questions

Trade Promotion Authority (TPA): Frequently Asked Questions

Date: June 12, 2015
Creator: Fergusson, Ian F. & Beth, Richard S.
Description: 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.
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Country-of-Origin Labeling for Foods and the WTO Trade Dispute on Meat Labeling

Country-of-Origin Labeling for Foods and the WTO Trade Dispute on Meat Labeling

Date: June 11, 2015
Creator: Greene, Joel L.
Description: This report covers the dispute between the U.S with its neighbors, Canada and Mexico, who say that the recent country-of-origin labeling (COOL) system implemented by the U.S. Department of Agriculture is unfair and does not meet its original objectives. This dispute was brought before the WTO dispute panel and found to be valid. The report ends with a discussion of options for the U.S. in regards to modifying COOL to follow WTO rulings.
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Financing the U.S. Trade Deficit

Financing the U.S. Trade Deficit

Date: June 11, 2015
Creator: Jackson, James K.
Description: 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.
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Arab League Boycott of Israel

Arab League Boycott of Israel

Date: June 10, 2015
Creator: Weiss, Martin A.
Description: 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.
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Cuba Sanctions: Legislative Restrictions Limiting the Normalization of Relations

Cuba Sanctions: Legislative Restrictions Limiting the Normalization of Relations

Date: June 5, 2015
Creator: Rennack, Dianne E. & Sullivan, Mark P.
Description: 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.
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U.S. Trade Deficit and the Impact of Changing Oil Prices

U.S. Trade Deficit and the Impact of Changing Oil Prices

Date: June 1, 2015
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade balance.
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Iran, Gulf Security, and U.S. Policy

Iran, Gulf Security, and U.S. Policy

Date: May 28, 2015
Creator: Katzman, Kenneth
Description: This report discusses issues regarding Iran's political history and structure. It also takes a look at economic and defense policy responses for Congress.
Contributing Partner: UNT Libraries Government Documents Department
Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy

Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy

Date: May 28, 2015
Creator: Fergusson, Ian F.
Description: This report presents background and analysis on the development of TPA, a summary of the major provisions under the expired authority, and a discussion of the issues that have arisen in the debate over TPA renewal. It also explores some of the policy options available to Congress.
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Trade Promotion Authority (TPA): Frequently Asked Questions

Trade Promotion Authority (TPA): Frequently Asked Questions

Date: May 27, 2015
Creator: Fergusson, Ian F. & Beth, Richard S.
Description: The issue of Trade Promotion Authority ("TPA") reauthorization raises a number of questions regarding TPA itself and the pending legislation. This report addresses a number of those questions that are frequently asked.
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U.S. Trade with Free Trade Agreement (FTA) Partners

U.S. Trade with Free Trade Agreement (FTA) Partners

Date: May 21, 2015
Creator: Jackson, James K.
Description: This report presents data on U.S. merchandise (goods) trade with its Free Trade Agreement (FTA) partner countries. The data are presented to show bilateral trade balances for individual FTA partners and groups of countries representing such major agreements as the North America Free Trade Agreement (NAFTA) and the Central American Free Trade Agreement and Dominican Republic (CAFTA-DR) relative to total U.S. trade balances.
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