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Free Trade Agreements and the WTO Exceptions
World Trade Organization (WTO) Members must grant immediate and unconditional most-favored-nation (MFN) treatment to the products of other Members with respect to tariffs and other trade matters. Free trade agreements (FTA) are facially inconsistent with this obligation because they grant countries who are party to the agreement the ability to receive more favorable trade benefits than those extended to other trading partners. Due to the prevailing view that such arrangements are trade enhancing, Article XXIV of the General Agreement on Tariffs and Trade (GATT) contains a specific exception for FTAs. The growing number of regional trade agreements, however, has made it difficult for the WTO to efficiently monitor the consistency of FTAs with the provided exemption. This report examines this issue.
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.
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.
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.
Conventional Arms Transfers to Developing Nations, 2003-2010
This report is prepared annually to provide Congress with official, unclassified, quantitative 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. 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.
International Small Arms and Light Weapons Transfers: U.S. Policy
This report provides general background on U.S. policy regarding the international trade in small arms and light weapons (SA/LW). It outlines major questions associated with the international trade in these items, and reviews United States efforts to assist in controlling the illicit transfers of these items. This report will be revised as developments warrant.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients
This report provides background data on United States arms sales agreements with and deliveries to its major purchasers during calendar years 2001-2008, made through the U.S. Foreign Military Sales (FMS) program.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 2002-2009
This report provides background data on U.S. arms sales agreements with and deliveries to its major purchasers during calendar years 2002-2009, made through the U.S. Foreign Military Sales (FMS) program.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 2003-2010
This report provides background data on U.S. arms sales agreements with and deliveries to its major purchasers during calendar years 2003-2010, made through the U.S. Foreign Military Sales (FMS) program.
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.
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.
Agricultural Export and Food Aid Programs
This report discusses the recent development in different programs administered by U.S. Department of Agriculture (USDA) with the goal to promote agricultural exports and to provide food aid. These programs include direct export subsidies, export market development, export credit guarantees, and foreign food aid.
Agricultural Export and Food Aid Programs
This report discusses projected agricultural imports and exports for FY2006, as well as legislation that deals with federal programs in support of agricultural exports and federal aid dedicated to farms and agricultural reform.
Agricultural Export Programs: Background and Issues
Report that discusses the agricultural export programs that aim to develop overseas markets for U.S. agricultural products.
Agricultural Exports and the 2007 Farm Bill
This report assesses 2007 farm bill trade title provisions for U.S. agricultural export programs.
CRS Issue Statement on Agricultural Trade and Development
This report discusses about the agricultural exports that are imported both U.S. farmers and to the U.S. economy. It further discusses about expanding market opportunities for U.S. farm products through bilateral, regional, and multilateral trade negotiations that has been a long-standing aim of U.S. trade policy.
Mad Cow Disease and U.S. Beef Trade
This report discusses the U.S. beef trade with its four major beef export markets, Canada, Mexico, Japan, and Korea. The 110th Congress has been monitoring U.S. efforts to regain foreign markets that banned U.S. beef when a Canadian-born cow in Washington state tested positive for bovine spongiform encephalopathy (BSE) in December 2003.
Mad Cow Disease and U.S. Beef Trade
This report discusses the international beef market and U.S. efforts to regain foreign markets that banned U.S. beef when a Canadian-born cow in Washington state tested positive for bovine spongiform encephalopathy (BSE) in December 2003.
Green Payments in U.S. and European Union Agricultural Policy
This report compares current United States and European Union (EU) efforts in the area of green payments. Green payments refer to "payments made to agricultural producers as compensation for environmental benefits that accrue at levels beyond what producers might otherwise achieve under existing market and regulatory conditions" (summary). The report gives an overview of policies, programs, financing, and various other aspects of comparison related to the topic.
Agricultural Trade Issues in the 107th Congress
The 107th Congress is considering trade issues with implications for the U.S. agricultural sector. Trade in agricultural commodities and food products affects farm income and rural employment, and it also generates economic activity beyond the farm gate. With agricultural export sales the equivalent of one-quarter of farm income, some policymakers view U.S. efforts to develop market opportunities overseas as vital to the sector’s financial health. Decisions taken by the Bush Administration, and actions taken by Congress, thus will affect the outlook for agricultural trade.
Challenge to the Boeing-Airbus Duopoly in Civil Aircraft: Issues for Competitiveness
This report covers a major issue for policymakers: whether the United States can sustain its preeminent position in aerospace, given the intentions of numerous foreign manufacturers to enter the small commercial jet aircraft segment by 2016.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the Trade Adjustment Assistance for Firms (TAAF) program and policy issues, as well as legislation to reauthorize the TAAF program. It provides technical assistance to help trade-impacted firms make strategic adjustments to improve their global competitiveness.
The 2006 U.S.-Canada Softwood Lumber Trade Agreement (SLA): In Brief
This report provides information and analysis on the 2006 Softwood Lumber Agreement (SLA) to provide background for current negotiations over softwood lumber.
Softwood Lumber Imports from Canada: Current Issues
This report discusses the latest softwood lumber dispute between the U.S. and Canada, known as Lumber V. This report provides background information on the dispute, summarizes the key issues leading to the tensions between the United States and Canada over softwood lumber, and examines current developments in Lumber V.
Softwood Lumber Imports From Canada: Current Issues
This report examines the status and current issues surrounding Canadian softwood lumber imports since 2006. After providing background information on what constitutes softwood lumber, the stakeholders in the dispute, and the history of the dispute, the report introduces the 2006 SLA and analyzes its impacts on the U.S. lumber industry as well as on the trade relationship between the United States and Canada. Finally, the report discusses the potential issues Congress may consider when the agreement expires in 2015.
Softwood Lumber Imports from Canada: Current Issues
This report discusses current issues and developments in "Lumber V", a dispute between Canada and the U.S. over the pricing and quantity of softwood lumber imports from Canada to the U.S., which has been a source of friction between the two countries for decades.
Softwood Lumber Imports From Canada: Current Issues
This report discusses the softwood lumber (conifer wood) disputes between the U.S. and Canada. There have been five major disputes since the 1980s with the fifth dispute (Lumber V) having started in 2016 after the expiration of a 2006 softwood lumber agreement. The report provides background information on the dispute, summarizes the key issues leading to the tensions between the United States and Canada over softwood lumber, and examines current developments in Lumber V.
Softwood Lumber Imports from Canada: Current Issues
This report discusses ongoing disputes regarding softwood lumber imports from Canada into the U.S. and recent legislation and negotiations regarding Canadian softwood lumber disputes.
China's Retaliatory Tariffs on Selected U.S. Agricultural Products
This report discusses China's retaliatory tariffs on many U.S. agricultural products in response to the U.S. tariffs on Chinese steel and aluminium imports.
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 Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
No Description Available.
The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
No Description Available.
The Haitian Economy and the HOPE Act
This report discusses the HOPE Act as it relates to the Haitian economy and U.S. trade policy. In providing preferential access to Haitian apparel imports, the HOPE Act, as amended, gives Haitian firms a competitive (price) advantage over other foreign producers who must pay U.S. duties on apparel exports made from yarns and fabrics supplied by non-regional (e.g., Asian) producers.
The Haitian Economy and the HOPE Act
This report discusses the HOPE Act as it relates to the Haitian economy and U.S. trade policy. In providing preferential access to Haitian apparel imports, the HOPE Act, as amended, gives Haitian firms a competitive (price) advantage over other foreign producers who must pay U.S. duties on apparel exports made from yarns and fabrics supplied by non-regional (e.g., Asian) producers.
NAFTA at Ten: Lessons from Recent Studies
This report provides an analytical summary of the economic lessons reached in support of Congress's role in the trade policy process. On January 1, 2004, the North American Free Trade Agreement (NAFTA) completed its tenth year and most of its provisions are now implemented. NAFTA is a free trade agreement (FTA) that effectively added Mexico to the U.S.-Canada FTA completed in 1989. Its anniversary has sparked numerous evaluations, which are particularly relevant as the United States pursues free trade agreements with multiple Latin American countries. Most studies found that NAFTA's effects on the U.S. and Mexican economies to be modest at most.
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.
NAFTA at Ten: Lessons from Recent Studies
This report provides an analytical summary of the economic lessons reached in support of Congress's role in the trade policy process, especially the North American Free Trade Agreement (NAFTA).
The Proposed U.S.-Panama Free Trade Agreement
This report presents a summary of trade negotiations and the proposed U.S.-Panama free trade agreement (FTA). The proposed U.S.-Panama FTA is a comprehensive agreement. Some 88% of U.S. commercial and industrial exports would become duty-free upon implementation, with remaining tariffs phased out over a 10-year period.
The Proposed U.S.-Panama Free Trade Agreement
This report presents a summary of trade negotiations and the proposed U.S.-Panama free trade agreement (FTA). The proposed U.S.-Panama FTA is a comprehensive agreement. Some 88% of U.S. commercial and industrial exports would become duty-free upon implementation, with remaining tariffs phased out over a 10-year period.
The Proposed U.S.-Panama Free Trade Agreement
This report presents a summary of trade negotiations and the proposed U.S.-Panama free trade agreement (FTA). The proposed U.S.-Panama FTA is a comprehensive agreement. Some 88% of U.S. commercial and industrial exports would become duty-free upon implementation, with remaining tariffs phased out over a 10-year period.
The Proposed U.S.-Panama Free Trade Agreement
This report presents a summary of trade negotiations and the proposed U.S.-Panama free trade agreement (FTA). The proposed U.S.-Panama FTA is a comprehensive agreement. Some 88% of U.S. commercial and industrial exports would become duty-free upon implementation, with remaining tariffs phased out over a 10-year period.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
As global economic competition heightens, many firms and workers face difficult adjustment problems. Congress has responded to these adjustment costs by authorizing four trade adjustment assistance (TAA) programs to assist trade-impacted workers, firms, farmers, and communities. This report discusses the TAA program for firms (TAAF). The TAAF program provides technical assistance to trade-affected firms to help them develop strategies and make other adjustments to remain competitive in the changing international economy.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the Trade Adjustment Assistance for Firms (TAAF) program, which provides technical assistance to trade affected firms to help them develop strategies to remain competitive in a dynamic international economy.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report focuses on the trade adjustment assistance program for firms and industries, which provides technical assistance to help them develop strategies to remain competitive in the changing international economy.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
As global economic competition heightens, many firms and workers face difficult adjustment problems. Congress has responded to these adjustment costs by authorizing four trade adjustment assistance (TAA) programs to assist trade-impacted workers, firms, farmers, and communities. This report discusses the TAA program for firms (TAAF). The TAAF program provides technical assistance to trade-affected firms to help them develop strategies and make other adjustments to remain competitive in the changing international economy.
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.
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 it is the fastest growing one, with the current exception of Africa. Over the last 15 years, the United States has implemented multiple free trade agreements with the region, which are more comprehensive than those that include only Latin American countries. This report looks at the status, implications, and alternatives to current free trade agreements in the region.
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.
International Trade and Finance: Key Policy Issues for the 113th Congress
This report discusses a variety of issues faced by the 113th Congress. Topics include trade negotiations with China, export controls and sanctions, import policies, intellectual property rights, international investments and international financial institutions.
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report looks at the background of Trade Adjustment Assistance (TAA) in the Trade Expansion Act of 1962, which was created by Congress. It then discusses how the 112th Congress is considering legislative action to extend the TAA - including two issues: how necessary or appropriate the extension is, and whether or not three proposed bills should be voted upon separately.
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