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 Decade: 2010-2019
 Year: 2012
 Collection: Congressional Research Service Reports
U.S.-EU Trade and Economic Relations: Key Policy Issues for the 112th Congress
U.S. and European private stakeholders, concerned about slow growth, job creation, and increased competition from emerging economies, have urged Brussels and Washington to strengthen transatlantic trade and economic ties by reducing or eliminating remaining trade barriers and by cooperating more closely in addressing global economic challenges. A select group of these issues are examined in this report. digital.library.unt.edu/ark:/67531/metadc87166/
The Lacey Act: Protecting the Environment by Restricting Trade
This report looks at the history and applications of the Lacey Act. As it stands now the Act, via a 2008 amendment, allows the U.S. to enforce the laws of other countries as well. One currently proposed legislation would limit application of the law to specific wood products, while another would eliminate any reference to violations of foreign laws and end criminal prosecutions for violating the act. digital.library.unt.edu/ark:/67531/metadc85395/
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/metadc85383/
U.S. Foreign-Trade Zones: Background and Issues for Congress
Report that provides a general perspective on the U.S. Foreign-Trade Zone (FTZ) system. The first section discusses free trade zones worldwide. The second section focuses on the U.S. FTZ program --its history, administrative mechanism, structure, growth and industry concentration, and benefits and costs. The third section focuses on current issues for Congress relating to the U.S. FTZ program. digital.library.unt.edu/ark:/67531/metadc227786/
Trade Adjustment Assistance for Workers
This report provides background on the Trade Adjustment Assistance for Workers (TAA) program. After a brief introduction, it discusses TAA eligibility and benefits as set by TAAEA. It then describes how the program is funded and administered. The report concludes by presenting data on recent application activity and benefit usage. digital.library.unt.edu/ark:/67531/metadc96713/
Trade Adjustment Assistance for Workers
This report provides background on the Trade Adjustment Assistance for Workers (TAA) program, which provides federal assistance to workers who have been adversely affected by foreign trade. It was most recently authorized by the Trade Adjustment Assistance Extension Act of 2011 (TAAEA; Title II of P.L. 112-40). The report discusses TAA eligibility and benefits as set by TAAEA; describes how the program is funded and administered; and presents data on recent application activity and benefit usage. digital.library.unt.edu/ark:/67531/metadc98013/
EU-U.S. Economic Ties: Framework, Scope, and Magnitude
This report provides background information and analysis of the U.S.-EU economic relationship for members of the 112th Congress as they contemplate the costs and benefits of closer U.S. economic ties with the EU. It examines the economic and political framework of the relationship and the scope and magnitude of the ties based on data from various sources. In addition, the report analyzes the implications these factors have for U.S. economic policy toward the EU. digital.library.unt.edu/ark:/67531/metadc87252/
Free Trade Agreements: Impact on U.S. Trade and Implications for U.S. Trade Policy
This report looks at how free trade areas (FTAs) affect U.S. trade in regards to trade policy, specifically tariffs. It looks closely at the Bush Administration's Trade Promotion Policy, and pending FTAs leftover from this administration. Additionally, it looks at the Obama Administration's work in the prospective Trans-Pacific Strategic Economic Partnership Agreement (TPP). digital.library.unt.edu/ark:/67531/metadc93961/
The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress
This report gives an analysis of the unconditional most-favored-nation (MFN) status, or in U.S. statutory parlance, normal trade relations (NTR) status, which is a fundamental principle of the World Trade Organization (WTO). This conflicts with the U.S. laws under Title IV of the Trade Act of 1974 that limits trade status with several nations undergoing accession into the WTO. On June 12, 2012, Sen. Max Baucus introduced a bill with bipartisan co-sponsorship to authorize PNTR for Russia. The report includes information about MFN status and the WTO, the Jackson-Vanik Amendment restricting trade, the case of China, and prospective WTO accessions. digital.library.unt.edu/ark:/67531/metadc98126/
The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress
This report gives an analysis of the unconditional most-favored-nation (MFN) status, or in U.S. statutory parlance, normal trade relations (NTR) status, which is a fundamental principle of the World Trade Organization (WTO). This conflicts with the U.S. laws under Title IV of the Trade Act of 1974 that limits trade status with several nations undergoing accession into the WTO. On June 12, 2012, Sen. Max Baucus introduced a bill with bipartisan co-sponsorship to authorize PNTR for Russia. The report includes information about MFN status and the WTO, the Jackson-Vanik Amendment restricting trade, the case of China, and prospective WTO accessions. digital.library.unt.edu/ark:/67531/metadc87384/
The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress
This report gives an analysis of the unconditional most-favored-nation (MFN) status, or in U.S. statutory parlance, normal trade relations (NTR) status, which is a fundamental principle of the World Trade Organization (WTO). This conflicts with the U.S. laws under Title IV of the Trade Act of 1974 that limits trade status with several nations undergoing accession into the WTO. On June 12, 2012, Sen. Max Baucus introduced a bill with bipartisan co-sponsorship to authorize PNTR for Russia. The report includes information about MFN status and the WTO, the Jackson-Vanik Amendment restricting trade, the case of China, and prospective WTO accessions. digital.library.unt.edu/ark:/67531/metadc98127/
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 of Title IV of the Trade Act of 1974 as they apply to Russia, which includes the “freedom-of-emigration” requirements of the Jackson-Vanik amendment. The process for Russia's accession has been completed. As a result, Members of the 112th Congress confront the issue of whether to grant Russia permanent normal trade relations (PNTR). digital.library.unt.edu/ark:/67531/metadc87367/
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties
This report discusses the issues surrounding whether or not the U.S. should grant Russia permanent normal trade relations (PNTR) following its accession into the World Trade Organization (WTO). The change in Russia's trade status will require legislation to lift the restrictions of Title IV of the Trade Act of 1974 as they apply to Russia, which includes the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. digital.library.unt.edu/ark:/67531/metadc87368/
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties
Report that discusses the issues surrounding whether or not the U.S. should grant Russia permanent normal trade relations (PNTR) following its accession into the World Trade Organization (WTO). digital.library.unt.edu/ark:/67531/metadc228107/
Russia's Accession to the WTO and Its Implications for the United States
Russia has been invited to join the World Trade Organization (WTO) by July 23, 2012. This report looks at policy issues for Congress, and concerns for the US regarding conditions ensuring that Russia fulfills its obligations and provides meaningful trade and investment opportunities for U.S. firms. digital.library.unt.edu/ark:/67531/metadc86588/
Russia's Accession to the WTO and Its Implications for the United States
Russia has been invited to join the World Trade Organization (WTO) by July 23, 2012. This report looks at policy issues for Congress, and concerns for the US regarding conditions ensuring that Russia fulfills its obligations and provides meaningful trade and investment opportunities for U.S. firms. digital.library.unt.edu/ark:/67531/metadc87192/
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. digital.library.unt.edu/ark:/67531/metadc122241/
Stealing Trade Secrets and Economic Espionage: An Overview of 18 U.S.C. 1831 and 1832
Report that gives an overview of 18 U.S.C. 1832 (theft of trade secrets) and 18 U.S.C. 1831 (economic espionage). It also describes what constitutes as a stolen trade secret, and how such crimes are prosecuted. digital.library.unt.edu/ark:/67531/metadc227785/
The U.S. Export Control System and the President's Reform Initiative
The 112th Congress may consider reforms of the U.S. export control system. The balance between national security and export competitiveness has made the subject of export controls controversial for decades. The U.S. export control system is diffused among several different licensing and enforcement agencies. This report not only discussed the background of such issues, but also the differences between the Obama Administration and Congress' approaches to export legislation reform. digital.library.unt.edu/ark:/67531/metadc86585/
The U.S. Export Control System and the President's Reform Initiative
The 112th Congress may consider reforms of the U.S. export control system. The balance between national security and export competitiveness has made the subject of export controls controversial for decades. Through the Export Administration Act (EAA), the Arms Export Control Act (AECA), the International Emergency Economic Powers Act (IEEPA), and other authorities, the United States restricts the export of defense items or munitions; so-called “dual-use” goods and technology—items with both civilian and military applications; certain nuclear materials and technology; and items that would assist in the proliferation of nuclear, chemical, and biological weapons or the missile technology used to deliver them. U.S. export controls are also used to restrict exports to certain countries on which the United States imposes economic sanctions. At present, the EAA has expired and dual-use controls are maintained under IEEPA authorities. digital.library.unt.edu/ark:/67531/metadc87187/
The U.S. Export Control System and the President's Reform Initiative
This report discusses some of the proposed legislation and other issues related to the U.S. export control system. In considering the future of the U.S. export control system, Congress may weigh the merits of a unified export control system—the end result of the President's proposal—or the continuation of the present bifurcated system by reauthorizing the present Export Administration Act (EAA) or writing new legislation. In doing so, Congress may debate the record of the present dual-use system maintained by emergency authority, the aims and effectiveness of the present non-proliferation control regimes, the maintenance of the defense industrial base, and the delicate balance between the maintenance of economic competitiveness and the preservation of national security. digital.library.unt.edu/ark:/67531/metadc87188/
The Trans-Pacific Partnership Negotiations and Issues for Congress
Report that examines the issues related to the proposed Trans-Pacific Partnership (TPP), the state and substance of the negotiations (to the degree that the information is publicly available), the specific areas under negotiation, the policy and economic contexts in which the TPP would fit, and the issues for Congress that the TPP presents. digital.library.unt.edu/ark:/67531/metadc227793/
The Trans-Pacific Partnership Negotiations and Issues for Congress
Report that discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Topics include 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/metadc227792/
Chinese Tire Imports: Section 421 Safeguards and the World Trade Organization (WTO)
This report discusses World Trade Organization (WTO) safeguards provisions contained in Article XIX of the General Agreement on Tariffs and Trade (GATT) and the Agreement on Safeguards; the WTO China-specific safeguard and how it differs from preexisting WTO provisions; authorities and procedures set out in Section 421 of the Trade Act of 1974; the International Trade Commission (ITC) determination and the President's decision to provide relief in the 2009 China tires case; and China's WTO case against the U.S. tire safeguard. digital.library.unt.edu/ark:/67531/metadc122192/
Dispute Settlement in the U.S.-South Korea Free Trade Agreement (KORUS FTA)
A look at the U.S.-South Korea Free Trade Agreement (KORUS FTA), including its background and, most specifically, steps taken when disputes occur. digital.library.unt.edu/ark:/67531/metadc86580/
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, and discusses pieces of legislation that dictate procedures for specifically the United States in instances of WTO disputes. digital.library.unt.edu/ark:/67531/metadc122332/
U.S. Trade Remedy Laws and Nonmarket Economies: A Legal Overview
Two major U.S. trade remedies are antidumping (AD) law, which combats the sale of imported products at less than their fair market value, and countervailing duty (CVD) law, which aims to offset foreign government subsidization of imported goods. This report discusses these two law's impact on U.S. foreign relations. digital.library.unt.edu/ark:/67531/metadc85468/
U.S. Trade Remedy Laws and Nonmarket Economies: A Legal Overview
Two major U.S. trade remedies are antidumping (AD) law, which combats the sale of imported products at less than their fair market value, and countervailing duty (CVD) law, which aims to offset foreign government subsidization of imported goods. This report discusses these two law's impact on U.S. foreign relations. digital.library.unt.edu/ark:/67531/metadc84074/
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties
This report briefly discusses the process used to enact U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs). In each case these agreements 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. digital.library.unt.edu/ark:/67531/metadc96665/
WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases
Although the United States has complied with adverse rulings in many past World Trade Organization (WTO) disputes, there are currently 14 cases in which rulings have not yet been implemented or the United States has acted and the dispute has not been fully resolved. Nine unresolved cases involve trade remedies. The report discusses all fourteen cases in detail, which include antidumping, aircraft subsidies, cotton subsidies, online gambling restrictions, music copyright law, and trademark infringement. digital.library.unt.edu/ark:/67531/metadc85447/
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. digital.library.unt.edu/ark:/67531/metadc87259/
U.S. Defense Articles and Services Supplied to Foreign Recipients: Restrictions on Their Use
In accordance with United States law, the U.S. Government places conditions on the use of defense articles and defense services transferred by it to foreign recipients. Violation of these conditions can lead to the suspension of deliveries or termination of the contracts for such defense items, among other things. This report covers the details and meanings of these reports. digital.library.unt.edu/ark:/67531/metadc86598/
Conventional Arms Transfers to Developing Nations, 2004-2011
This report provides Congress with official, unclassified, background data from U.S. government sources on transfers of conventional arms to developing nations by major suppliers for the period 2004 through 2011. All agreement and delivery data in this report for the United States are government-to-government Foreign Military Sales (FMS) transactions. Similar data are provided on worldwide conventional arms transfers by all suppliers, but the principal focus is the level of arms transfers by major weapons suppliers to nations in the developing world. digital.library.unt.edu/ark:/67531/metadc122243/
The Dominican Republic-Central America- United States Free Trade Agreement (CAFTA DR): Developments in Trade and Investment
On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in production, public investment in education, infrastructure, logistics, and good governance in general. digital.library.unt.edu/ark:/67531/metadc85400/
The Dominican Republic-Central America- United States Free Trade Agreement (CAFTADR): Developments in Trade and Investment
On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in production, public investment in education, infrastructure, logistics, and good governance in general. digital.library.unt.edu/ark:/67531/metadc84026/
Trade Primer: Qs and As on Trade Concepts, Performance, and Policy
The 112th Congress has a full legislative and oversight agenda on international trade. The agenda so far has included approval of legislation to implement free trade agreements with Colombia, Panama, and South Korea, and may take up enhanced enforcement of U.S. trade agreements, as well as Russia's accession to the World Trade Organization (WTO) and Permanent Normal Trade Relations (PNTR) status, oversight of the World Trade Organization's Doha Round, and trade relations with China. This report provides information and context for many of these topics. 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. Additional suggested readings are provided in an appendix. digital.library.unt.edu/ark:/67531/metadc85467/
Export-Import Bank: Background and Legislative Issues
The Export-Import Bank of the United States (Ex-Im Bank, EXIM Bank, or the Bank), an independent federal government agency, is the official export credit agency (ECA) of the United States. It helps finance U.S. 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. Members of the 112th Congress may examine issues related to the Ex-Im Bank that center on the economic rationale for the Bank; the impact of the Bank on the federal budget and U.S. taxpayers; the Bank's support for specific types of business or industries; the current balance between the Bank's advancement of U.S. commercial interests and other U.S. policy goals; the competitive position of the Bank compared to foreign ECAs; and the Bank's organizational structure. digital.library.unt.edu/ark:/67531/metadc85401/
The Proposed Anti-Counterfeiting Trade Agreement: Background and Key Issues
The proposed Anti-Counterfeiting Trade Agreement (ACTA) is a new agreement for combating intellectual property rights (IPR) infringement. The ACTA negotiation concluded in October 2010, nearly three years after it began, and negotiating parties released a final text of the agreement in May 2011. Negotiated by the United States, Australia, Canada, the European Union and its 27 member states, Japan, South Korea, Mexico, Morocco, New Zealand, Singapore, and Switzerland, the ACTA is intended to build on the IPR protection and enforcement obligations set forth in the 1995 World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement). digital.library.unt.edu/ark:/67531/metadc86556/
Trade Reorganization: Overview and Issues for Congress
On January 13, 2012, President Obama asked Congress for authority to reorganize and consolidate into one department the business- and trade-related functions of six federal entities. U.S. policymakers' interest in the organizational structure of U.S. government trade functions has grown in recent years, stimulated by congressional and federal efforts to promote U.S. exports and employment, including through the National Export Initiative (NEI). Interest also has been stimulated by national debates on reducing federal spending and the size of the U.S. government. This report looks at the policy debate and role of Congress in such a move. digital.library.unt.edu/ark:/67531/metadc87237/
U.S. Government Agencies Involved in Export Promotion: Overview and Issues for Congress
This report provides an overview of the federal government agencies that participate in U.S. export promotion efforts and the issues that they raise for Congress. The recent global economic downturn has renewed congressional debate over the role of the federal government in promoting exports. This debate has been heightened with the Obama Administration's introduction of the National Export Initiative (NEI) in the 2010 State of the Union Address. digital.library.unt.edu/ark:/67531/metadc85387/
The Committee on Foreign Investment in the United States (CFIUS)
This report gives a brief overview of P.L. 110-49, the Foreign Investment and National Security Act of 2007. Although both the President and Congress are directly involved in formulating the scope and direction of U.S. foreign investment policy, this law broadens Congress' oversight role; it also explicitly includes the areas of homeland security and critical infrastructure as separately-identifiable components of national security that the President must consider when evaluating the national security implications of a foreign investment transaction. digital.library.unt.edu/ark:/67531/metadc122300/
Foreign Direct Investment in the United States: An Economic Analysis
Report containing information regarding foreign direct investments, including the foreign acquisition of American firms. digital.library.unt.edu/ark:/67531/metadc228123/
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
The impact of foreign direct investment on U.S. employment is provoking a national debate regarding U.S. job creation versus outsourcing. Many economists argue that there is little evidence to support the notion that the overseas investment activities of U.S. multinational companies play a significant role in the rate at which jobs are created in the U.S. economy. They argue that the source of job creation in the economy is rooted in the combination of macroeconomic policies the nation has chosen, the rate of productivity growth, and the availability of resources. This report addresses these issues by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy. digital.library.unt.edu/ark:/67531/metadc85449/
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/metadc94214/
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/metadc85489/
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 Generalized System of Preferences (GSP). 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 are presented. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed. digital.library.unt.edu/ark:/67531/metadc85463/
International Trade: Rules of Origin
This report deals with Rules of origin (ROO) in three parts. First, we describe in more detail 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, we discuss briefly 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. Third, we conclude with some alternatives and options that Congress could consider that might assist in simplifying the process. digital.library.unt.edu/ark:/67531/metadc84088/
International Trade: Rules of Origin
This report deals with rules of origin (ROO) in three parts. First, we describe in more detail 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, we discuss briefly 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. Third, we conclude with some alternatives and options that Congress could consider that might assist in simplifying the process. digital.library.unt.edu/ark:/67531/metadc87346/
U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act
This report looks at the pros and cons of recent legislation brought up in the 112th Congress, including the renewal of the African Growth and Opportunity Act (AGOA) and how it will affect trade between the U.S. and sub-Saharan Africa (SSA). digital.library.unt.edu/ark:/67531/metadc96743/
Potential Trade Effects of Adding Vietnam to the Generalized System of Preferences Program
Report that looks at the effects of adding Vietnam to the U.S. Generalized System of Preferences (GSP) as a "developing country." digital.library.unt.edu/ark:/67531/metadc228085/
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