Congressional Research Service Reports - 96 Matching Results

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The U.S.-Colombia Free Trade Agreement: Background and Issues

Description: The U.S.-Colombia Free Trade Agreement, or U.S. Colombia Trade Promotion Agreement, is a comprehensive free trade agreement (FTA) between the United States and Colombia, which will eventually eliminate tariffs and other barriers in bilateral trade in goods and services. The agreement will enter into force on May 15, 2012. The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (1.0% in 2011), ranking 22nd among U.S. export markets and 23rd as a supplier of U.S. imports. Economic studies on the impact of a U.S.-Colombia 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 2.2%). This report also discusses concerns that Congress has with Colombian human rights violations.
Date: April 27, 2012
Creator: Villarreal, M. Angeles
Partner: UNT Libraries Government Documents Department

China's Rare Earth Industry and Export Regime: Economic and Trade Implications for the United States

Description: Over the past few years, the Chinese government has implemented a number of policies to tighten its control over the production and export of "rare earths"-a unique group of 17 metal elements on the periodic table that exhibit a range of special properties, such as magnetism, luminescence, and strength. Rare earths are important to a number of high technology industries, including renewable energy and various defense systems. This report examines the economic and trade implications of China's rare earth policies for the United States.
Date: April 30, 2012
Creator: Morrison, Wayne M. & Tang, Rachel
Partner: UNT Libraries Government Documents Department

Armenia, Azerbaijan, and Georgia: Political Developments and Implications for U.S. Interests

Description: This report offers background information and recent more development in Armenia, Azerbaijan, and Georgia political and economic situation. It also discusses U.S. policy, U.S. aid, U.S. trade and investments to these countries, congressional response and other legislation.
Date: May 1, 2012
Creator: Nichol, Jim
Partner: UNT Libraries Government Documents Department

U.S. Government Agencies Involved in Export Promotion: Overview and Issues for Congress

Description: This report provides an overview of the federal government agencies that participate in U.S. export promotion efforts and the issues that they raise for Congress. The recent global economic downturn has renewed congressional debate over the role of the federal government in promoting exports. This debate has been heightened with the Obama Administration's introduction of the National Export Initiative (NEI) in the 2010 State of the Union Address.
Date: May 1, 2012
Creator: Ilias, Shayerah; Hanrahan, Charles E. & Villarreal, M. A.
Partner: UNT Libraries Government Documents Department

Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data

Description: 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.
Date: May 10, 2012
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

The U.S. Export Control System and the President's Reform Initiative

Description: This report discusses some of the proposed legislation and other issues related to the U.S. export control system. In considering the future of the U.S. export control system, Congress may weigh the merits of a unified export control system—the end result of the President's proposal—or the continuation of the present bifurcated system by reauthorizing the present Export Administration Act (EAA) or writing new legislation. In doing so, Congress may debate the record of the present dual-use system maintained by emergency authority, the aims and effectiveness of the present non-proliferation control regimes, the maintenance of the defense industrial base, and the delicate balance between the maintenance of economic competitiveness and the preservation of national security.
Date: May 18, 2012
Creator: Fergusson, Ian F. & Kerr, Paul K.
Partner: UNT Libraries Government Documents Department

The U.S. Export Control System and the President's Reform Initiative

Description: The 112th Congress may consider reforms of the U.S. export control system. The balance between national security and export competitiveness has made the subject of export controls controversial for decades. The U.S. export control system is diffused among several different licensing and enforcement agencies. This report not only discussed the background of such issues, but also the differences between the Obama Administration and Congress' approaches to export legislation reform.
Date: May 18, 2012
Creator: Fergusson, Ian F. & Kerr, Paul K.
Partner: UNT Libraries Government Documents Department

China-U.S. Trade Issues

Description: 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.
Date: May 21, 2012
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department

EU-U.S. Economic Ties: Framework, Scope, and Magnitude

Description: This report provides background information and analysis of the U.S.-EU economic relationship for members of the 112th Congress as they contemplate the costs and benefits of closer U.S. economic ties with the EU. It examines the economic and political framework of the relationship and the scope and magnitude of the ties based on data from various sources. In addition, the report analyzes the implications these factors have for U.S. economic policy toward the EU.
Date: May 30, 2012
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis

Description: The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) currently under negotiation between Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam. Congressional involvement includes consultations with U.S. negotiators on and oversight of the details of the negotiations, and eventual consideration of legislation to implement the final trade agreement. This report provides a comparative economic analysis of the TPP countries and their economic relations with the United States.
Date: May 30, 2012
Creator: Williams, Brock R.
Partner: UNT Libraries Government Documents Department

Trade Reorganization: Overview and Issues for Congress

Description: On January 13, 2012, President Obama asked Congress for authority to reorganize and consolidate into one department the business- and trade-related functions of six federal entities. U.S. policymakers' interest in the organizational structure of U.S. government trade functions has grown in recent years, stimulated by congressional and federal efforts to promote U.S. exports and employment, including through the National Export Initiative (NEI). Interest also has been stimulated by national debates on reducing federal spending and the size of the U.S. government. This report looks at the policy debate and role of Congress in such a move.
Date: May 31, 2012
Creator: Ilias, Shayerah
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: June 13, 2012
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties

Description: This report discusses the issues surrounding whether or not the U.S. should grant Russia permanent normal trade relations (PNTR) following its accession into the World Trade Organization (WTO). The change in Russia's trade status will require legislation to lift the restrictions of Title IV of the Trade Act of 1974 as they apply to Russia, which includes the "freedom-of-emigration" requirements of the Jackson-Vanik amendment.
Date: June 13, 2012
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Russia's Accession to the WTO and Its Implications for the United States

Description: Russia has been invited to join the World Trade Organization (WTO) by July 23, 2012. This report looks at policy issues for Congress, and concerns for the US regarding conditions ensuring that Russia fulfills its obligations and provides meaningful trade and investment opportunities for U.S. firms.
Date: June 13, 2012
Creator: Cooper, William H.
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: June 15, 2012
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Free Trade Agreements: Impact on U.S. Trade and Implications for U.S. Trade Policy

Description: This report looks at how free trade areas (FTAs) affect U.S. trade in regards to trade policy, specifically tariffs. It looks closely at the Bush Administration's Trade Promotion Policy, and pending FTAs leftover from this administration. Additionally, it looks at the Obama Administration's work in the prospective Trans-Pacific Strategic Economic Partnership Agreement (TPP).
Date: June 18, 2012
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Iran Sanctions

Description: This report looks at the purposes and results of U.S. sanctions on Iran, which were initiated as a result of Iran's nuclear program and human rights issues. It ends by discussing future issues that Congress can consider regarding the sanctions.
Date: June 18, 2012
Creator: Katzman, Kenneth
Partner: UNT Libraries Government Documents Department

U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act

Description: This report looks at the pros and cons of recent legislation brought up in the 112th Congress, including the renewal of the African Growth and Opportunity Act (AGOA) and how it will affect trade between the U.S. and sub-Saharan Africa (SSA).
Date: June 26, 2012
Creator: Jones, Vivian C. & Williams, Brock R.
Partner: UNT Libraries Government Documents Department

Bahrain: Reform, Security, and U.S. Policy

Description: This report discusses the current state of Bahrain, which has undergone substantial political reforms since the late 1990s, but which still suffers from tension between the Shiite majority and the Sunni-led government. This report focuses particularly on Bahrain's relationship with Iran and Bahrain's relationship with the United States.
Date: June 29, 2012
Creator: Katzman, Kenneth
Partner: UNT Libraries Government Documents Department

Country-of-Origin Labeling for Foods and the WTO Trade Dispute on Meat Labeling

Description: 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.
Date: July 3, 2012
Creator: Jurenas, Remy & Greene, Joel L.
Partner: UNT Libraries Government Documents Department

Mexico's Free Trade Agreements

Description: 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.
Date: July 3, 2012
Creator: Villarreal, M. Angeles
Partner: UNT Libraries Government Documents Department