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The Committee on Foreign Investment in the United States (CFIUS)
This report discusses the Committee on Foreign Investment in the United States (CFIUS) comprising nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public.
Brazil: Background and U.S. Relations
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 on issues ranging from international development to climate change.
The Trans-Pacific Partnership (TPP): In Brief
This report briefly summarizes some of the key controversial issues of the Trans-Pacific Partnership (TPP), including select market access issues (such as on dairy and other agricultural products, autos, and textiles and apparel) as well as the level of intellectual property protection, the scope and enforcement of environment and worker rights provisions, investor-state dispute settlement, access to government procurement, and the potential inclusion of provisions on currency valuation and exchange rates. The TPP is a proposed free trade agreement (FTA) among 12 Asia-Pacific countries, which the Obama Administration casts as comprehensive, with economic and strategic significance for the United States.
Saudi Arabia: Background and U.S. Relations
This report discusses the kingdom of Saudi Arabia's relations with the United States; its stability, and its future trajectory are subjects of continuing congressional interest.
The Trans-Pacific Partnership: Strategic Implications
This report discusses selected strategic arguments related to the proposed 12-nation Trans-Pacific Partnership (TPP) free trade agreement (FTA) negotiations. The potential impacts of the agreement may be an active area of debate during the second session of the 114th Congress.
Trade in Services Agreement (TiSA) Negotiations: Overview and Issues for Congress
The purpose of the ongoing Trade in Services (TiSA) negotiations is to build on those rules by further increasing liberalization among the 23 negotiating parties, including the United States and European Union (EU), to open markets to foreign service providers and enhance rules governing services trade. This report provides a brief overview of U.S. trade in services, background on services in U.S. trade agreements, and an in-depth discussion of the ongoing TiSA negotiations.
[Not Over 'Til It's Over: TransCanada Denial of Keystone XL Permit]
This report discusses the TransCanada announcement that they planned to sue the United States under NAFTA agreements for rejecting the permit for the Keystone XL Pipeline. It also describes a suit in U.S. District Court regarding its view that the executive branch and the President don't have power over cross-border petroleum trade since Congress has passed general legislation regarding such matters as well as legislation approving the Keystone XL Pipeline which was vetoed by the President.
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, specifically focusing on Iran's nuclear capabilities.
American Agriculture and the Trans-Pacific Partnership (TPP) Agreement
This report identifies four considerations about the Trans-Pacific Partnership (TPP) agreement that are particularly relevant for U.S. food and agriculture. It includes a partial snapshot of some of the higher-profile improvements in market access for agricultural products in the agreement, a summary of selected provisions beyond market access that are of interest to food and agriculture, a brief overview of industry reactions to the agreement, and a review of what would need to occur for the agreement to enter into force for the United States.
The Trans-Pacific Partnership (TPP): In Brief
This report briefly summarizes some of the key provisions listed in the Trans-Pacific Partnership (TPP) that are seen as controversial. The TPP is a proposed free trade agreement (FTA) among 12 Asia-Pacific countries, which the Obama Administration casts as comprehensive, with economic and strategic significance for the United States. These controversial issues include select market access (such as on dairy and other agricultural products, autos, and textiles and apparel) as well as the level of intellectual property protection, the scope and enforcement of environment and worker rights provisions, the treatment of state-owned enterprises (SOEs), investor-state dispute settlement, access to government procurement, and the potential inclusion of provisions on currency valuation and exchange rates.
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.
The WTO Nairobi Ministerial
This report briefly discusses a limited set of deliverables agreed upon by trade ministers and their senior representatives in Nairobi at the 10th Ministerial Conference of the World Trade Organization (WTO).
U.S. Trade Concepts, Performance, and Policy: Frequently Asked Questions
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.
U.S. Trade in Services: Trends and Policy Issues
This report provides background information and analysis on U.S. international trade in services, as well as policy issues before the United States. The report also examines emerging issues and current negotiations, including the Trade in Services Agreement (TiSA), the Trans-Pacific Partnership (TPP), and the Transatlantic Trade and Investment Partnership (T-TIP).
Cargo Preferences for U.S.-Flag Shipping
This report explains the motivation behind cargo preference law, discusses issues concerning the cost-effectiveness of the program, and reviews attempts to apply cargo preference to the nation's oil trade. The report also identifies several disparate bills reflecting wide disagreement on the future direction of cargo preference policy.
U.S. Natural Gas Exports and the Trans-Pacific Partnership (TPP) Agreement
On October 5, 2015, President Obama announced the conclusion of negotiations for the Trans-Pacific Partnership (TPP), a free trade agreement (FTA) among the United States and 11 other Asia-Pacific nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. This report briefly discusses the agreement and its potential effects.
China-U.S. Trade Issues
This report provides an overview of U.S.-China commercial relations, including major trade disputes.
U.S. Agricultural Trade with Cuba: Current Limitations and Future Prospects
This report reviews the current state of agricultural trade between the United States and Cuba, identifies key impediments to expanding bilateral trade in agricultural products and key provisions in the law to which these obstacles are anchored. 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.
Emerging Markets: Is Slower Growth Temporary?
This report discusses the growing vulnerabilities Emerging market (EM) countries are facing due to declining global trade, depreciating currencies, sharply lower commodity prices, volatile equity markets, and deeper economic reforms.
U.S. Trade in Services: Trends and Policy Issues
This report provides background information and analysis on U.S. international trade in services. It analyzes policy issues before the United States, especially relating to negotiating international disciplines on trade in services and dealing complexities in measuring trade in services. The report also examines emerging issues and current negotiations.
Saudi Arabia: Background and U.S. Relations
This report discusses the current state of the kingdom of Saudi Arabia, its relationship with the United States, and future initiatives to further develop U.S.-Saudi relations. The kingdom of Saudi Arabia, ruled by the Al Saud family since its founding in 1932, wields significant global political and economic influence. Close U.S.-Saudi official relations have survived a series of challenges since the 1940s, and, in recent years, shared concerns over Sunni Islamist extremist terrorism and Iranian regional ambitions have provided a renewed logic for continued strategic cooperation.
The International Labor Organization (ILO): Background in Brief
This report discusses the International Labor Organization (ILO), and describes the ILO's mission, structure, and functions; presents case studies on how the ILO offers assistance to countries in promoting worker rights; and identifies issues for Congress.
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.
Brazil: Background and U.S. Relations
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.
Generalized System of Preferences: Background and Renewal Debate
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.
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, specifically focusing on Iran's nuclear capabilities.
U.S. Trade Concepts, Performance, and Policy: Frequently Asked Questions
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.
Expansion of WTO Information Technology Agreement Targets December Conclusion
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.
U.S. Agricultural Trade with Cuba: Current Limitations and Future Prospects
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.
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.
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?
Ex-Im Bank's General Statutory Authority Expires
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).
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'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.
Agriculture Issues in U.S.-EU Trade Negotiations
This report briefly discusses the Transatlantic Trade and Investment Partnership (T-TIP) between the U.S. and the European Union (EU). The report also briefly notes the use of agricultural biotechnology.
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.
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.
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.
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.
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.
Environmental Provisions in Free Trade Agreements (FTAs)
No Description Available.
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.
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.
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.
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.
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.
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.
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) 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.
2014 Farm Bill Provisions and WTO Compliance
This report briefly describes the relevant World Trade Organization (WTO) rules governing domestic support programs under the Agreement on Agriculture (AoA) and the Agreement on Subsidies and Countervailing Measures (SCM). The report then reviews the current U.S. farm safety net programs in light of their potential for compliance with the AoA and SCM and their potential to affect the success of the current Doha Round of multilateral trade negotiations.
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