The Reagan Administration has proposed legislation which would seek to use trade and aid to promote political stability and economic growth in the Caribbean Basin region. Among other things, it would create a one-way free trade zone, where the small nations of the region would have an opportunity for export-led growth through duty-free access to the U.S. market. It would also provide $350 million in economic aid for 1982 to El Salvador and other Caribbean countries.
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.
Date: May 10, 1983
Creator: Library of Congress. Congressional Research Service.
This report discusses the Federal Trade Commission's (FTC) used car rule, which aims to prevent and discourage oral misrepresentations and deceptive omissions of material facts by those selling used cars concerning warranty coverage and mechanical condition.