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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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