Congressional Research Service Reports - 85 Matching Results

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Agricultural Export and Food Aid Programs
This report discusses projected agricultural imports and exports for FY2003, 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 and Food Aid Programs
This report discusses projected agricultural imports and exports for FY2004, as well as legislation that deals with federal programs in support of agricultural exports and federal aid dedicated to farms and agricultural reform.
Agriculture and Fast Track or Trade Promotion Authority
New “fast track” (or, trade promotion) authority (TPA) is at issue in the 107th Congress. Such authority could enable the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Efforts to renew this authority, which expired in 1994, have not succeeded since then. Many agricultural and food industry interests are among the export-oriented enterprises that support TPA, arguing that foreign trading partners will not seriously negotiate with an Administration that lacks it. However, some farm groups argue that fast track ultimately will lead to new agreements that could have adverse effects on U.S. producers, at least in some commodity sectors.
Trade Promotion Authority (Fast-Track Authority for Trade Agreements): Background and Developments in the 107th Congress
No Description Available.
Trade Promotion Authority (Fast-Track Authority for Trade Agreements): Background and Developments in the 107th Congress
No Description Available.
Drug Certification Requirements and Congressional Modifications in 2001
This report provides a brief summary of the existing drug certification requirements for drug producing and drug-transit countries, background on the experience, criticisms, and reform efforts under these provisions; a summary of early congressional options and proposals advanced in 2001, with possible advantages and disadvantages; a summary of later initiatives with legislative activity; and (5) a tracking of legislative action on the major initiatives.
U.S.-European Union Trade Relations: Issues and Policy Challenges
No Description Available.
U.S.-European Union Trade Relations: Issues and Policy Challenges
No Description Available.
Russian Capital Flight, Economic Reforms, and U.S. Interests: An Analysis
No Description Available.
The Prescription Drug Import Provisions of the FY2001 Agriculture Appropriations Act, P.L. 106-387
No Description Available.
Government Procurement and U.S. Trade Policy
Governments are the largest single group of buyers of nondefense goods and services and represent a market valued at hundreds of billions of dollars for suppliers.[1] In 1994, the U.S. Federal Government spent approximately $155 billion on nondefense goods and services.
Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
No Description Available.
Technology Transfer: Use of Federally Funded Research and Development
No Description Available.
APEC - Asia Pacific Economic Cooperation: Free Trade and Other Issues
As a result of an initiative by Australia in 1989, the United States joined with eleven other Asia/Pacific nations in creating APEC, the Asia Pacific Economic Cooperation organization. This report discusses the annual Ministerial Meeting of APEC in Seattle, held from November 17 - 19, 1993.
JETRO and International Trade Promotion by Japan
JETRO, the Japan External Trade Organization, has played a key role in Japan's system for trade promotion. It is a public corporation, a quasi-governmental organization, operating under the general supervision of Japan's Ministry of International Trade and Industry (MITI).
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties
Trade agreements such asthe NAFTA and the GATT Uruguay Round agreements have been approved by majority vote of each House of Congress rather than by twothirds vote of the Senate — that is, they have been treated as congressional-executive agreements rather than astreaties. The congressional-executive agreement has been the vehicle for implementingCongress' long-standing policy ofseeking trade benefitsfor the United States through reciprocal trade negotiations. In a succession of statutes, Congress has authorized the President to negotiate and enter into tariff and nontariff barrier (NTB) agreements for limited periods, while mandating that NTB and free trade area agreements negotiated under this authority could enter into force for the United States only if approved by both Houses in a bill enacted into public law and other statutory conditions were met.
Export-Import Bank: Background and Legislative Issues
This report discusses the Export-Import Bank (Ex-In Bank), the chief U.S. government agency that helps finance American exports of manufactured goods and services with the objective of contributing to the employment of U.S. workers.
U.S. Latin American Trade: Recent Trends
With the close of the second Summit of the Americas on April 19, 1998, 34 nations of the Western Hemisphere had formally agreed to negotiate a Free Trade Area of the Americas (FTAA). It is a long way from completion, but the prospect of achieving closer regional economic ties is now officially embraced. Except for Mexico, merchandise trade between the United States and Latin America is relatively small, but has been growing steadily this decade, a result of expanding U.S. global trade and reforms in Latin America. Still, some countries in Latin America are more closed to U. S. trade than others, raising the possibility of additional benefits accruing from an FTAA, This report tracks U.S. Latin American trade data in support of congressional interest in the regional trade negotiation process and will be updated as warranted.
Japanese-U.S. Trade Relations: Cooperation or Confrontation?
With Japan the United States has had one of its most important, and, at the same time, one of its most difficult, trading rela- tionships. Japan ranks second to Canada as the largest U.S. export market. It is also the largest single source of imports to the United States.
Japan-U.S. Automotive Framework Talks
The U.S.-Japan framework talks were initiated in July 1993. The automotive negotiations between Japan and the United States focused on sales of U.S. vehicles in Japan; sales of U.S.-made original equipment parts in Japan and to Japanese transplants in the United States; and deregulation of the market for replacement parts in Japan. An unresolved dispute over shock absorbers and other replacement parts resulted in the United States launching a formal investigation of Japanese market barriers to imported car parts under Section 301 on Oct. 1, 1994.
The U.S. Trade Deficit in 1999: Recent Trends and Policy Options
No Description Available.
Trade Legislation in the 107th Congress: An Overview
No Description Available.
The U.S.-Chile Free Trade Agreement: Economic and Trade Policy Issues
No Description Available.
Telecommunications Services Trade and the WTO Agreement
No Description Available.
Status of Trade Legislation in the 107th Congress
No Description Available.
Taiwan: Major U.S. Arms Sales Since 1990
No Description Available.
China's Exchange Rate Peg: Economic Issues and Options for U.S. Trade Policy
The continued rise in the U.S.-China trade imbalance and complaints from U.S. manufacturing firms and workers over the competitive challenges posed by cheap Chinese imports have led several Members to call for a more aggressive U.S. stance against certain Chinese trade policies they deem to be unfair, such as China’s policy of pegging its currency (the yuan) to the U.S. dollar. Some Members assert this policy constitutes a form of “currency manipulation” intended to give China an unfair trade advantage and is contributing to the loss of U.S. manufacturing jobs.
Agriculture in the WTO: Limits on Domestic Support
Most provisions of the current “farm bill,” the Farm Security and Rural Investment Act (FSRIA) of 2002 (P.L. 107-171), do not expire until 2007. However, hearings on a 2007 farm bill could begin in late 2005. At that time, Congress will begin to examine farm income and commodity price support proposals that might succeed the programs due to expire in 2007. A key question likely to be asked of virtually every new proposal is how it will affect U.S. commitments under the WTO’s Agreement on Agriculture (AA), which commits the United States to spend no more than $19.1 billion annually on domestic farm support programs most likely to distort trade. The AA spells out the rules for countries to determine whether their policies are potentially trade distorting, and to calculate the costs. This report describes the steps for making these determinations.
Textile and Apparel Quota Phaseout: Some Economic Implications
No Description Available.
DR-CAFTA: Regional Issues
On August 5, 2004, the United States signed the U.S- Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) with five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic. DR-CAFTA could have a significant effect on U.S. relations with the region, primarily by establishing a permanent and reciprocal trade preference arrangement among the signatory countries. DR-CAFTA must now be ratified by each country’s legislature and approved by the U.S. Congress before taking effect.
Technology Transfer: Use of Federally Funded Research and Development
The government spends approximately one-third of the $83 billion federal R&D budget for intramural research and development to meet mission requirements in over 700 government laboratories (including Federally Funded Research and Development Centers). The technology and expertise generated by this endeavor may have application beyond the immediate goals or intent of federally funded R&D.
U.S.-European Union Trade Relations: Issues and Policy Challenges
No Description Available.
Japan-U.S. Trade
This report provides background and current analysis of the Japan--U.S. trade situation, discusses the political and economic tensions which this imbalance has created, and outlines the problems involved in several current negotiations, such as the question of trade barriers to U.S. agricultural exports.
Article 98 Agreements and Sanctions on U.S. Foreign Aid to Latin America
This report discusses the so-called “Article 98 agreements”. The article contains a provision that the Bush Administration has sought bilateral agreements worldwide to exempt U.S. citizens from ICC prosecution. In 2002, Congress passed the American Servicemembers’ Protection Act or ASPA (P.L. 107-206, title II), which prohibits military assistance to countries that are party to the ICC and that do not have Article 98 agreements. Some Members of Congress and Bush Administration officials have expressed concerns about the unintended effects of these sanctions on U.S. relations with Latin America. Policymakers are considering some options to mitigate these effects without undermining ASPA or diplomatic efforts to secure Article 98 agreements.
Agricultural Biotechnology: The U.S.-EU Dispute
In May 2003, the United States, Canada, and Argentina initiated a formal challenge before the World Trade Organization (WTO) of the European Union’s (EU’s) de facto moratorium on approving new agricultural biotechnology products, in place since 1998. Although the EU effectively lifted the moratorium in May 2004 by approving a genetically engineered (GE) corn variety, the three countries are pursuing the case, in part because a number of EU member states continue to block approved biotech products. Because of delays, the WTO is expected to decide the case by December 2005. The moratorium reportedly cost U.S. corn growers some $300 million in exports to the EU annually. The EU moratorium, U.S. officials contend, threatened other agricultural exports not only to the EU, but also to other parts of the world where the EU approach to regulating agricultural biotechnology is taking hold.
The Doha Development Agenda: The WTO Framework Agreement
On July 31, 2004, the 147 members of the World Trade Organization (WTO) reached a Framework Agreement for conducting future Doha Round trade negotiations. The Framework Agreement is the latest step in the Doha Development Agenda (DDA) round of trade negotiations at the WTO, which was launched at the 4th Ministerial of the WTO at Doha, Qatar in November 2001. This report provides analysis of the framework agreement and its significant results (agriculture, industrial market access, services, and trade facilitation) in the context of U.S. objectives.
The Stability of the International Banking System
No Description Available.
The Stability of the International Banking System
No Description Available.
U.S. Trade Deficit and the Impact of Rising Oil Prices
Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern of declining energy import prices in the fall. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Burma: Economic Sanctions
On October 19, 2007, President George W. Bush issued Executive Order 13449. This followed a September 25, 2007 statement by President Bush that sanctions against Burma, which have been in place since 1997, would be tightened to specifically target leading Burmese officials and impose additional financial and travel sanctions. This report provides background information on existing economic sanctions against Burma and possible options to expand sanctions.
China-U.S. Relations: Current Issues and Implications for U.S. Policy
The bilateral relationship between the U.S. and the People's Republic of China (PRC) is vitally important, touching on a wide range of areas including, among others, economic policy, security, foreign relations, and human rights. This report addresses relevant policy questions in current U.S.-China relations, discusses trends and key legislation in the current Congress, and provides a chronology of developments and high-level exchanges.
The Trans-Pacific Partnership Agreement
This report discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Original members of the TPP were Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have committed themselves to joining and expanding this group. This report discusses similar trade partnerships, the importance of Asia to U.S. trade and security interests, and U.S. participation in the TPP.
Trade in Services: The Doha Development Agenda Negotiations and U.S. Goals
The United States and the other 153 members of the World Trade Organization (WTO) have been engaged in a set or "round" of negotiations called the Doha Development Agenda (DDA) since December 2001. The DDA's main objective is to refine and expand the rules by which WTO members conduct foreign trade with one another. This report is designed to assist the 112th Congress to understand and monitor progress of the negotiations and the major issues that the negotiators are addressing. The report provides a brief background section on the significance of services to the U.S. economy. It then explains briefly the General Agreement on Trade in Services (GATS) and the structure and agenda of the services negotiations in the DDA round, including U.S. objectives in the negotiations. The report concludes with a status report on the negotiations and an examination of potential results.
Foreign Investment and National Security: Economic Considerations
This report assesses recent international developments as the leaders from a number of nations work to reach a consensus on an informal set of best practices regarding national restrictions on foreign investment for national security purposes. This report also provides one possible approach for assessing the costs and benefits involved in using national policies to direct or to restrict foreign direct investment for national security reasons.
The United Arab Emirates (UAE): Issues for U.S. Policy
This report describes the open economy and society of the United Arab Emirates (UAE), as well as U.S. concern over proliferation of advanced technology due to said open economy and the UAE's lax export controls. This report describes these issues in relation to a recently-signed U.S.-UAE civilian nuclear agreement. It also provides a general description of the UAE's government and political structure, as well as the effects of the recent global economic downturn on the UAE in general and on the city of Dubai in particular.
Dispute Settlement in the World Trade Organization (WTO): An Overview
This report describes the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU), which is the World Trade Organization's (WTO) means of resolving disputes arising under WTO agreements. The report includes criticisms of certain flaws in the DSU, as well as WTO Members' suggestions for improvement. The report also describes the Office of the United States Trade Representative (USTR), which represents the United States in WTO disputes. Also discussed are pieces of legislation that dictate procedures for specifically the United States in instances of WTO disputes.
Peru in Brief: Political and Economic Conditions and Relations with the United States
This report provides an overview of Peru's government and economy and a discussion of issues in relations between the United States and Peru.
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
The impact of foreign direct investment on U.S. employment is provoking a national debate regarding U.S. job creation versus outsourcing. Many economists argue that there is little evidence to support the notion that the overseas investment activities of U.S. multinational companies play a significant role in the rate at which jobs are created in the U.S. economy. They argue that the source of job creation in the economy is rooted in the combination of macroeconomic policies the nation has chosen, the rate of productivity growth, and the availability of resources. This report addresses these issues by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy.
Iran Sanctions
This report focuses on the United States' relationship with Iran and how the Obama Administration is handling prior administration's economic sanctions against Iran. The Obama Administration's policy approach toward Iran has contrasted with the Bush Administration's by attempting to couple the imposition of sanctions to an active and direct U.S. effort to negotiate with Iran on the nuclear issue. That approach was not initially altered because of the Iranian dispute over its June 12, 2009, elections. However, with subsequent negotiations yielding no firm Iranian agreement to compromise, since early 2010 the Administration has focused on achieving the imposition of additional U.N., U.S., and allied country sanctions whose cumulative effect would be to compel it to accept a nuclear bargain.
China-U.S. Trade Issues
This report discusses the U.S.-China economic relationship and China's rapid expansion as a global economic market, both with respect to the current global economic crisis. It also examines major U.S.-China trade issues and related legislation.
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