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Trade Negotiations During the 109th Congress
This report discusses trade issues in the 109th Congress. For over 50 years, U.S. trade officials have negotiated multilateral trade agreements to achieve lower trade barriers and rules to cover international trade. During the 108th Congress, U.S. officials negotiated and Congress approved four bilateral free-trade agreements with Australia, Chile, Morocco, and Singapore.
WTO Trade Facilitation Agreement
This report provides an overview of the Trade Facilitation Agreement (TFA), its provisions, and the United States' implementation and role in capacity building. It also provides options for Congress to consider in relation to the TFA.
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. 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.
Trade in Services Agreement (TiSA) Negotiations: Overview and Issues for Congress
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 Trade in Services Agreement (TiSA) negotiations.
Free Trade Agreements: Impact on U.S. Trade and Implications for U.S. Trade Policy
This report provides background on Free Trade Areas (FTAs) including: definitions of Free Trade Areas, why countries form FTAs, FTAs in the context of U.S. trade policy, Bush Administration policies and recent developments, the economic impact of FTAs, whether FTAs create trade or divert it, FTAs the the WTO, debate points related to FTAs, relevant legislation, and final conclusions and implications for Congress.
The EU-South Korea Free Trade Agreement and Its Implications for the United States
No Description Available.
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.
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 report does not cover CBP's role in the U.S. export control system.)
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.
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.
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 for the United States.
Status of Mexican Trucks in the United States: Frequently Asked Questions
This report answers frequently asked questions about the pilot program permitting Mexican trucks into the United States.
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.
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).
Generalized System of Preferences: Agricultural Imports
The Generalized System of Preferences (GSP) provides duty-free tariff treatment for certain products from designated developing countries. Some in Congress have continued to call for changes to the program that could limit GSP benefits to certain countries, among other changes. Opinion within the U.S. agriculture industry is mixed, reflecting both support for and opposition to the current program. In the past few years, Congress has extended GSP through a series of short-term extensions. However, the 111th Congress did not extend the GSP in 2010, and it was set to expire December 31, 2010. The expiration of the GSP will likely become a legislative issues in the 112th Congress.
Trade Preferences for Developing Countries and the WTO
This report discusses the trade preferences and General Agreement on Tariffs and Trade (GATT) most-favored-nation (MFN) requirements, World Trade Organization (WTO) waivers for preferential trade agreements, and WTO waivers for U.S. preference programs.
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.
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.
United States-Canada Trade and Economic Relationship: Prospects and Challenges
The United States and Canada conduct the world's largest bilateral trade relationship, with total merchandise trade (exports and imports) exceeding $429.7 billion in 2009. This report examines the various aspects of this trade partnership and presents several policy options for Congress.
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.
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.
The Franchise System of Distribution
This report discusses the franchising system of distribution and its growing popularity among small business owners. Legal challenges to franchising under anti-trust laws are also discussed.
Minerals Price Increases and Volatility: Causes and Consequences
This report discusses China's efforts to improve and increase its access to foreign mineral resources, which may have the effect of raising prices for U.S. domestic industrial users. The report examines in detail the relationship between prices, production, and availability of selected metal minerals essential to the U.S. economy. It focuses on iron ore, aluminum (bauxite/alumina), copper, manganese, molybdenum (moly), zinc, platinum group metals (PGMs), and uranium.
Fast-Track Legislative Procedures for Trade Agreements: The Great Debate of 1991
No Description Available.
Nuclear Cooperation with Other Countries: A Primer
This report discusses the United States's nuclear cooperation with other countries and requirements for export agreements for civilian nuclear parts with other countries.
Taiwan: Major U.S. Arms Sales Since 1990
This report discusses U.S. security assistance to Taiwan, or Republic of China (ROC), including policy issues for Congress and legislation.
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.
Mexico's Free Trade Agreements
In the 112th Congress, issues of concern related to the trade and economic relationship with Mexico have involved mostly economic conditions in Mexico, issues related to the North American Free Trade Agreement (NAFTA), the effect of NAFTA, and Mexican migration to the United States. 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.
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