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The North American Free Trade Agreement (NAFTA)
This report provides an overview of North American trade liberalization before NAFTA, an overview of NAFTA provisions, the economic effects of NAFTA, and policy considerations.
U.S.-Mexico Economic Relations: Trends, Issues, and Implications
This report provides an overview of U.S.-Mexico economic relations, trade trends, the Mexican economy, NAFTA, and trade issues between the United States and Mexico. It will be updated as events warrant.
Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy
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.
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.
The German Economy and U.S.-German Economic Relations
This report first examines Germany's economic performance in historical perspective and assesses some of the domestic factors that may be contributing to Germany's suboptimal performance; the second discusses the reform challenges facing Germany's political leaders; and the third section evaluates a few salient U.S.-German economic policy differences and strains that seem to be influenced by Germany's weakened economic situation.
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 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.
Afghanistan and Pakistan Reconstruction Opportunity Zones (ROZs), H.R. 1318/H.R. 1886/H.R. 2410 and S. 496: Issues and Arguments
This report discusses proposed legislation that would establish a unilateral U.S. trade preference program for Afghanistan and parts of Pakistan. The legislation would permit certain goods produced in designated geographic areas called Reconstruction Opportunity Zones (ROZs) to be imported into the United States duty-free.
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.
The G-20 and International Economic Cooperation: Background and Implications for Congress
This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future.
Trade Adjustment Assistance for Workers: Reauthorization Proposals in the 114th Congress, In Brief
This report is designed to provide assistance in considering Trade Adjustment Assistance (TAA) for Workers reauthorization efforts in the 114th Congress. It begins with background information on TAA and a summary of recent legislation. It then presents a table that compares a recent reauthorization proposal with provisions in current and prior law.
Trade Promotion Authority (TPA): Frequently Asked Questions
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.
Country-of-Origin Labeling for Foods and the WTO Trade Dispute on Meat Labeling
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.
U.S.-Vietnam Relations in 2009: Current Issues and Implications for U.S. Policy
This report provides an overview of U.S. relations with Vietnam, including policy issues, the economic and political situation in Vietnam, and a list of pertinent legislation.
Mexico's Free Trade Agreements
This report provides an overview of Mexico's free trade agreements, its motivations for trade liberalization and entering into free trade agreements, and some of the issues Mexico faces in addressing its economic challenges.
U.S.-Vietnam Economic and Trade Relations: Issues for the 111th Congress
This report will examine each of these trade issues, discussing their main elements and exploring their implications for the 111th Congress. This will be followed by an analysis of key trends in bilateral trade to discern any potential sources of trade friction in the future.
China's Economic Rise: History, Trends, Challenges, and Implications for the United States
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.
U.S. Customs and Border Protection: Trade Facilitation, Enforcement, and Security
This report describes and analyzes U.S. Customs and Border Protection's (CBP) role in the U.S. import process. The first section of the report describes the three overarching goals of U.S. import policy and the tension among them. Second, the report summarizes recent legislative developments and provides a legislative history of customs laws, followed by an overview of the U.S. import process as it operates today. Third, the import process and CBP's role in it are discussed.
Iran, Gulf Security, and U.S. Policy
This report discusses issues regarding Iran's political history and structure. It also takes a look at economic and defense policy responses for Congress.
ATPA Renewal: Background and Issues
This report outlines the various aspects of the Andean Trade Preference Act (ATPA), including significant dates and modifications. The ATPA extends special duty treatment to certain U.S. imports from Bolivia, Colombia, Ecuador, and Peru that meet domestic content and other requirements. The purpose of ATPA is to promote economic growth in the Andean region and to encourage a shift away from dependence on illegal drugs by supporting legitimate economic activities.
U.S. Trade with Free Trade Agreement (FTA) Partners
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.
Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy
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.
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 balance.
Conventional Arms Transfers to Developing Nations, 2001-2008
This report is provides data on conventional arms transfers to developing nations by the United States and foreign countries for the preceding eight calendar years for use in its policy oversight functions. All agreement and delivery data in this report for the United States are government-to-government Foreign Military Sales (FMS) transactions.
China and the Global Financial Crisis: Implications for the United States
This report discusses the economy of China and how it is has been affected by the recent economic downturn. It explores this issue in brief, including what actions the Chinese government is taking to combat the problem, as well as what actions China may take to assist in stabilizing the U.S. economy.
China-U.S. Trade Issues
This report provides an overview of U.S.-China economic relations, surveys major trade disputes, and lists bills introduced in the 111th Congress that would impact bilateral commercial ties.
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.
The Berry Amendment: Requiring Defense Procurement to Come from Domestic Sources
This report examines the original intent and purpose of the Berry Amendment and legislative proposals to amend the application of domestic source restrictions, as well as options for Congress.
Cuba Sanctions: Legislative Restrictions Limiting the Normalization of Relations
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.
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.
U.S.-Vietnam Relations in 2009: Current Issues and Implications for U.S. Policy
This report provides an overview of U.S. relations with Vietnam, including policy issues, the economic and political situation in Vietnam, and a list of pertinent legislation.
China-U.S. Trade Issues
This report provides an overview of U.S.-China economic relations, surveys major trade disputes, and lists bills introduced in the 111th Congress that would impact bilateral commercial ties.
Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy
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.
Financing the U.S. Trade Deficit
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.
The Export Administration Act: Evolution, Provisions, and Debate
This report 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.
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.
The Proposed U.S.-Panama Free Trade Agreement
This report discusses the free trade agreement (FTA) that the United States and Panama signed on June 28, 2007. While Panama's government ratified the FTA in July 2007, Congress has not yet implemented ratification legislation.
The Global Economic Downturn and Protectionism
This report develops three scenarios to approximate different dimensions of the relationship between the global economic downturn and protectionism. The scenarios are not predictions, but descriptions of how and why pressures for protection could be manifested and transmitted under different circumstances and assumptions.
The Global Economic Downturn and Protectionism
This report develops three scenarios to approximate different dimensions of the relationship between the global economic downturn and protectionism. The scenarios are not predictions, but descriptions of how and why pressures for protection could be manifested and transmitted under different circumstances and assumptions.
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.
Mexico-U.S. Relations: Issues for Congress
This report covers the North American Free Trade Agreement (NAFTA), and U.S.-Mexico drug trafficking. It also looks at migration, environmental issues, legislation in the 111th Congress, and the relationship between the Obama Administration and Mexico.
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.
North American Free Trade Agreement (NAFTA) Implementation: The Future of Commercial Trucking Across the Mexican Border
This report discusses the implementation of trucking provisions set forth by NAFTA that would have opened the border states to cross-border trucking competition in 1995 and all of North America in 2000. The full implementation of the provisions has been stalled because of concern with the safety of Mexican trucks.
International Trade: Rules of Origin
This report deals with rules of origin (ROO) in three parts. First, it describes the reasons that country of origin rules are important and briefly describe U.S. laws and methods that provide direction in making these determinations. Second, it discusses some of the more controversial issues involving rules of origin and the effects of the global manufacturing process on ROO. It concludes with some alternatives and options that Congress could consider that might assist in simplifying the process.
U.S. International Trade: Trends and Forecasts
This report provides an overview of the current status, trends, and forecasts for U.S. import and export flows as well as certain balances. The purpose of this report is to provide current data and brief explanations for the various types of trade flows along with a brief discussion of trends that may require attention or point to the need for policy changes.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the trade adjustment assistance (TAA) for Firms program, which provides technical assistance to trade-affected firms to help them develop strategies to remain competitive in the changing international economy.
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.
Trade Promotion Authority (TPA): Frequently Asked Questions
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?
U.S.-South Korea Beef Dispute: Negotiations and Status
This report discusses the agreement regarding the beef imports from the United States to South Korea.
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.
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