Congressional Research Service Reports - 40 Matching Results
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- Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act
- This report focuses on one pillar of the Dodd-Frank Act's (P.L. 111-203) response to addressing financial stability and ending too big to fail: a new enhanced prudential regulatory regime that applies to all banks with more than $50 billion in assets and to certain other financial institutions. Under this regime, the Federal Reserve is required to apply a number of safety and soundness requirements to large banks that are more stringent than those applied to smaller banks. These requirements are intended to mitigate systemic risk posed by large banks. This report also examines the question of which banks are systemically important.
- Efforts to Address Seasonal Agricultural Import Competition in the NAFTA Renegotiation
- This report discusses a proposal by the U.S. in the North American Free Trade Agreement (NAFTA) renegotiations that would allow U.S. agricultural producers of certain fruits and vegetables to more easily file an injury claim regarding imports from Mexico. It includes details regarding the proposal, Mexican produce imports statistics, and arguments for and against the proposal.
- Generalized System of Preferences (GSP): Overview and Issues for Congress
- This report discusses the General System of Preferences (GSP) which provides nonreciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs).
- Softwood Lumber Imports from Canada: Current Issues
- This report discusses the latest softwood lumber dispute between the U.S. and Canada, known as Lumber V. This report provides background information on the dispute, summarizes the key issues leading to the tensions between the United States and Canada over softwood lumber, and examines current developments in Lumber V.
- 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. It 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).
- International Trade and Finance: Overview and Issues for the 115th Congress
- This report provides a brief overview of some of the trade and finance issues that may be of interest or continuing attention of the 115th Congress. During its 114th session, Congress faced numerous international trade and finance policy issues.
- 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.
- China’s Currency: An Analysis of the Economic Issues
- This report provides an overview of the economic issues surrounding the current debate over China’s currency policy. It identifies the economic costs and benefits of China’s currency policy for both China and the United States, and possible implications if China were to allow its currency to significantly appreciate or to float freely. It also examines proposed legislation in the 111th Congress that seek to address China’s currency policy.
- Agriculture in the WTO: Limits on Domestic Support
- A potential major constraint affecting U.S. agricultural policy choices is the set of commitments made as part of membership in the World Trade Organization (WTO), with its various agreements governing agriculture and trade, including dispute settlement. This report provides a brief overview of the WTO commitments most relevant for U.S. domestic farm policy. A key question that policymakers ask of virtually every new farm proposal is, how will it affect U.S. commitments under the WTO?
- China-U.S. Trade Agreements: Compliance Issues
- No Description Available.
- The EU-South Korea Free Trade Agreement and Its Implications for the United States
- No Description Available.
- Free Trade Agreements: Impact on U.S. Trade and Implications for U.S. Trade Policy
- This report discusses about Free Trade Areas that are arrangements among two or more countries under which they agree to eliminate tariffs and non tariff barriers on trade in goods among themselves.
- Taxes and Offshore Outsourcing
- The impact of taxes on international trade and foreign investment has had a place in tax policy debates for decades, although its prominence has waxed and waned. The debate has tended to grow more heated during times of domestic economic weakness and high unemployment ; questions arise during such times over whether taxes contribute to such weakness by discouraging exports (or encouraging imports) or by encouraging U.S. firms to move abroad. In recent months, the debate over international taxation again became prominent as a part of the wider debate over “outsourcing.” With taxes, the debate asks how the current tax system likely affects outsourcing, and whether alternative tax policies designed to limit the phenomenon might be desirable. This report applies economic analysis to both questions.
- Foreign Affairs, Defense, and Trade: Key Issues for the 110th Congress
- No Description Available.
- Burma: Economic Sanctions
- This report provides background information on existing economic sanctions against Burma and possible options to expand sanctions.
- U.S. Arms Sales: Agreements with and Deliveries to Major Clients
- This report provides background data on United States arms sales agreements with and deliveries to its major purchasers during calendar years 2001-2008, made through the U.S. Foreign Military Sales (FMS) program.
- The G-20 and International Economic Cooperation: Background and Implications for Congress
- This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future.
- Generalized System of Preferences: Background and Renewal Debate
- The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). This report presents, first, recent developments and a brief history, economic rationale, and legal background leading to the establishment of the GSP. Second, the report presents a discussion of U.S. implementation of the GSP. Third, the report presents an analysis of the U.S. program's effectiveness and the positions of various stakeholders. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.
- U.S.-EU Poultry Dispute
- This report discusses the European Union (EU) refusal to accept U.S. imports of poultry treated with antimicrobial rinses. Prior to 1997, when the prohibition took effect, U.S. exports of broiler and turkey meat to the 15 countries that then constituted the EU were reported to total nearly 32,000 MT with a value of $44.4 million.
- Trade Promotion Authority and the Korea Free Trade Agreement
- This report looks at the effects of the Korean Free Trade Agreement (KORUS FTA) on side agreements via the North American Free Trade Agreement (NAFTA).
- Iran Sanctions
- This report analyzes U.S. and international sanctions against Iran and, in so doing, provides examples, based on a wide range of open source reporting, of companies and countries that conduct business with Iran.
- The U.S.-EU Beef Hormone Dispute
- This report discusses the long-standing and acrimonious trade dispute between the United States and the European Union (EU) over the EU's decision to ban hormone-treated meat.
- Conflict Minerals and Resource Extraction: Dodd-Frank, SEC Regulations, and Legal Challenges
- This report discusses the two sections of the Dodd-Frank Wall Street Reform and Protection Act (Dodd-Frank) that require the Securities and Exchange Commission (SEC or Commission) to issue regulations to make public the involvement of U.S. companies in conflict minerals and in resource extraction payments.
- The Power to Regulate Commerce: Limits on Congressional Power
- This report discusses the Commerce Clause of the United States Constitution, which provides that the Congress shall have the power to regulate interstate and foreign commerce.
- 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.
- U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 2002-2009
- This report provides background data on U.S. arms sales agreements with and deliveries to its major purchasers during calendar years 2002-2009, made through the U.S. Foreign Military Sales (FMS) program.
- U.S. International Trade: Trends and Forecasts
- This report discusses the U.S. trade deficit in light of the 2008 global financial crisis, with emphasis on international trade and U.S. trade policy, most recent developments in trade of goods and service, trade forecasts for the future, and how issues such as the U.S. trade deficit and international trade, particularly with China, are commonly perceived.
- Trade Primer: Qs and As on Trade Concepts, Performance, and Policy
- This report 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. The first section on "Trade Concepts" deals with why countries trade, the consequences of trade expansion, and the relationship between globalization and trade. The second section, on trade performance, focuses on the U.S. trade deficit and its impact on industries. The third section deals with the roles played by the Executive Branch, Congress, the private sector, and the Judiciary in the formulation of U.S. trade policy. The fourth section, on U.S. trade and investment policy, asks questions related to trade negotiations and agreements and to imports, exports, and investments.
- 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.
- U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 2003-2010
- This report provides background data on U.S. arms sales agreements with and deliveries to its major purchasers during calendar years 2003-2010, made through the U.S. Foreign Military Sales (FMS) program.
- World Trade Organization Negotiations: The Doha Development Agenda
- This report discusses the World Trade Organization (WTO) Doha Round of multilateral trade negotiations, begun in November 2001, which has entered its 11th year. The report includes background on Doha and the significance fo the negotiations as well as a breakdown of issues on the Doha agenda and the role of the Congress.
- 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.
- Globalization, Worker Insecurity, and Policy Approaches
- Today's global economy, or what many call globalization, has a growing impact on the economic futures of American companies, workers, and families. The current wave of globalization is supported by three broad trends: technology, increase in world supply of labor, and reduced government policies to international trade and investment.
- Globalization, Worker Insecurity, and Policy Approaches
- This report discusses the trends driving global economic integration, sources of worker insecurity and policy approaches. There appears to be a range of views on the merits of each of these policy approaches and the extent to which they can be designed and implemented in a way that would reduce worker insecurity without undermining the benefits of globalization.
- The U.S.-Colombia Free Trade Agreement: Background and Issues
- The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (0.9% in 2010), ranking 20th among U.S. export markets and 25th as a source of U.S. imports. Economic studies on the impact of a U.S.-Colombia free trade agreement (FTA) have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 1.9%).
- Seafood Safety: Background and Issues
- Although seafood consumption can contribute to a healthy diet, some fish and shellfish can cause foodborne illnesses or contain environmental contaminants. This report discusses whether current food safety programs are sufficiently protecting consumers, and if not, what changes should be considered.
- Reform of U.S. International Taxation: Alternatives
- This report describes and assesses the principal prescriptions that have been offered for broad reform of the current U.S. system for taxing international businesses. The report begins with an overview of current law and of possible revisions. It then sets the framework for considering economic efficiency as well as tax shelter activities. Finally, it reviews alternative approaches to revision in light of those issues.
- Intellectual Property and the Free Trade Agreements: Innovation Policy Issues
- This report discusses Free Trade Agreements (FTA) with Australia, Chile, Singapore, and other trading partners in respect to copyrights, data protection, patents, trademarks, and other forms of intellectual property.
- Is the U.S. Current Account Deficit Sustainable?
- This report reviews studies on the current account (CA) deficit’s sustainability. The studies suggest that a dollar depreciation of 10% to 56% could eventually be required to restore sustainability.
- IMF and World Bank: U.S. Contributions and Agency Budgets
- This paper shows how much the United States has contributed to these international agencies in recent years. It also shows how much the international agencies budget (and the source of those funds) for their administrative expenses and their operational budgets. This report will be updated periodically.