The Case for and Against an Import Surcharge

The Case for and Against an Import Surcharge

Date: July 12, 1985
Creator: Reifman, Alfred
Description: The United States is now running a deficit of over $100 billion in its foreign trade and the Federal budget is in the red by roughly $200 billion. To deal with these two deficits, Congress is considering a temporary import surcharge. This brief examines the case for and against such a surcharge as well as its use against Japan.
Contributing Partner: UNT Libraries Government Documents Department
Financing the U.S. Trade Deficit

Financing the U.S. Trade Deficit

Date: February 14, 2006
Creator: Jackson, James K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Japan-U.S. Trade Relations

Japan-U.S. Trade Relations

Date: December 28, 1982
Creator: Nanto, Dick K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
The World Trade Organization: The Debate in the United States

The World Trade Organization: The Debate in the United States

Date: April 12, 2000
Creator: Sek, Lenore; Pregelj, Vladimir N & Wilson, Arlene
Description: The World Trade Organization (WTO) went into effect in 1995, replacing the General Agreement on Tariffs and Trade (GATT) which had been in existence since 1948. Under the WTO, the governments of the 136 member countries agree on a set of rules and principles for trade, negotiate periodically to reduce trade barriers, and participate in the dispute settlement procedure. Economists believe that, over the past 50 years, the more predictable environment for trade as well as the reduction in trade barriers has contributed to unprecedented economic prosperity for the majority of countries. On the other hand, trade liberalization under the WTO has resulted in economic costs to those whose jobs have been adversely affected, although they are relatively few compared to total employment in the United States.
Contributing Partner: UNT Libraries Government Documents Department
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Date: June 8, 2005
Creator: Elwell, Craig K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Date: May 22, 2006
Creator: Elwell, Craig K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Date: September 2, 2003
Creator: Elwell, Craig K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
China, the United States and the IMF: Negotiating Exchange Rate Adjustment

China, the United States and the IMF: Negotiating Exchange Rate Adjustment

Date: March 13, 2006
Creator: Sanford, Jonathan E
Description: In recent years, the United States and other countries have expressed considerable concern that China’s national currency (the yuan or renminbi) is seriously undervalued. Some analysts say the yuan needs to rise by as much as 40% in order to reflect its equilibrium value. Critics say that China’s undervalued currency provides it with an unfair trade advantage that has seriously injured the manufacturing sector in the United States. Chinese officials counter that they have not pegged the yuan to the dollar in order to gain trade advantages. Rather, they say the fixed rate promotes economic stability that is vital for the functioning of its domestic economy.
Contributing Partner: UNT Libraries Government Documents Department
China's Impact on the U.S. Automotive Industry

China's Impact on the U.S. Automotive Industry

Date: April 4, 2006
Creator: Cooney, Stephen
Description: This report discusses China’s impact on the U.S. Automotive Industry. Congress has been concerned with broad policies giving Chinese exporters unfair trade advantages. The Senate approved a bill, added as an amendment to other legislation that would place a high tariff on Chinese imports unless China revalues its pegged exchange rate (S. 295). Further action has been postponed on this measure. Legislation to allow U.S. producers to bring countervailing duty cases against Chinese firms subsidized by their government has been approved in the House (H.R. 3283), and a new law has tightened rules against trade in counterfeited goods (P.L. 109-181).
Contributing Partner: UNT Libraries Government Documents Department
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Date: June 8, 2005
Creator: Elwell, Craig K.
Description: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief interview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Contributing Partner: UNT Libraries Government Documents Department
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