Congressional Research Service Reports - Browse

ABOUT BROWSE FEED

Asia Pacific Economic Cooperation (APEC), Free Trade, and the 2003 Summit in Bangkok, Thailand

Description: On October 20-21, 2003, the Eleventh APEC Leader’s Meeting (informal summit) was held in Bangkok, Thailand. The theme for APEC 2003 is “A World of Differences: Partnership for the Future” which is intended to bring together the best potential of all APEC economies to confront the challenges of the future, particularly in achieving the APEC goal of free and open trade and investment for developed APEC economies. For the United States, APEC raises fundamental questions that are of special interest to Congress. One is whether consensus can be achieved on the APEC vision of free trade and investment in the Asia Pacific or whether future trade liberalization will be confined primarily to bilateral free-trade agreements or multilateral trade negotiations under the World Trade Organization.
Date: August 1, 2003
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department

The Proposed U.S.-Malaysia Free Trade Agreement

Description: This report addresses the proposed U.S.-Malaysia free trade agreement (FTA). It provides a brief overview of the Malaysian economy, a review of U.S. interests in the proposed agreement, an examination of possible issues likely to arise during the negotiations, a comparison of tariff rates between the two countries, legislative procedures, and an appendix with a brief chronology and trade data — including U.S. exports and imports to Malaysia by sector and exports to Malaysia by state.
Date: January 25, 2008
Creator: Martin, Michael F.
Partner: UNT Libraries Government Documents Department

Agricultural Trade in the Free Trade Area of the Americas

Description: Leaders of Western Hemisphere countries have agreed to negotiate a Free Trade Area of the Americas (FTAA) agreement by 2005. FTAA’s objective is to promote economic growth and democracy by eliminating barriers to trade in all goods (including agricultural and food products) and services, and to facilitate investment. If diplomats reach agreement, free trade in the hemisphere could occur by 2020. Negotiations on FTAA’s agriculture component have become contentious. This report discusses the controversial aspects of FTAA, describes the advantages and disadvantages of FTAA, and discusses FTAA in relation to the existing North American Free Trade Agreement (NAFTA).
Date: October 31, 2003
Creator: Jurenas, Remy
Partner: UNT Libraries Government Documents Department

U.S.-Latin American Trade: Recent Trends

Description: 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.
Date: March 8, 2005
Creator: Hornbeck, J. F.
Partner: UNT Libraries Government Documents Department

Trade Negotiations During the 110th Congress

Description: This report discusses the trade negotiations during Bush Administration, which has made bilateral and regional free-trade agreements (FTAs) an important element of U.S. trade policy, a strategy known as “competitive liberalization.”
Date: January 8, 2008
Creator: Fergusson, Ian F.
Partner: UNT Libraries Government Documents Department

Agriculture in Pending U.S. Free Trade Agreements with Colombia, Panama, and South Korea

Description: The 111th Congress in coming months might take up free trade agreements (FTAs) signed by the Bush Administration with Colombia, Panama, and South Korea under trade promotion authority, or fast-track rules, designed to expedite congressional consideration of these agreements. Accordingly, agriculture as covered in each pending trade agreement is examined in this report in the order that Congress likely will take up these agreements, based upon statements made to date by Obama Administration officials and Members of Congress.
Date: June 3, 2009
Creator: Jurenas, Remy
Partner: UNT Libraries Government Documents Department

Vietnam PNTR Status and WTO Accession: Issues and Implications for the United States

Description: Report discussing the role of the United States regarding the status of trade relations with Vietnam after its accession to the World Trade Organization (WTO). The report focuses on the issue of most-favored-nation (MFN) status, or normal trade relations (NTR) which conflicts with Title IV of the Trade Act of 1974. There is an overview of U.S.-Vietnam economic relations the Jackson-Vanik Amendment and Vietnam's NTR status, the WTO accession process in relation to Vietnam's status, the significance of the issues for both Vietnam and the United States, as well as other political and economic issues.
Date: August 2, 2006
Creator: Manyin, Mark E.; Cooper, William H. & Gelb, Bernard A.
Partner: UNT Libraries Government Documents Department

International Trade: Rules of Origin

Description: This report deals with rules of origin (ROO) in three parts. First, it describes 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, it discusses some of the more controversial issues involving rules of origin and the effects of the global manufacturing process on ROO. It concludes with some alternatives and options that Congress could consider that might assist in simplifying the process.
Date: March 6, 2009
Creator: Jones, Vivian C. & Martin, Michael F.
Partner: UNT Libraries Government Documents Department

Reauthorization of the Federal Maritime Commission (FMC): Opportunity to Reexamine the Congressionally Mandated Antitrust Exemption for Ocean Liner Carriers?

Description: The focus of this report is on the commercial aspects of the U.S. liner trade. The report discusses the historical rationale for shipping conferences and legislative history of U.S. shipping law.
Date: September 18, 2008
Creator: Frittelli, John
Partner: UNT Libraries Government Documents Department

Morocco-U.S. Free Trade Agreement

Description: This report discusses the free trade agreement (FTA) between United States and Morocco. The United States and Morocco reached agreement on March 2, 2004 to create a free trade agreement.
Date: February 16, 2006
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress

Description: 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.
Date: March 14, 2006
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

China's Currency: Economic Issues and Options for U.S. Trade Policy

Description: This report starts out by describing China's policy of pegging its currency to the U.S. dollar at an exchange rate of roughly 8.28 yuan to the dollar. As a result, the exchange rate between the yuan and the dollar basically stayed the same. The report discusses most significant events concerning China's currency policy and its impact on U.S. trade deficit.
Date: May 22, 2008
Creator: Morrison, Wayne M. & Labonte, Marc
Partner: UNT Libraries Government Documents Department