Congressional Research Service Reports - 66 Matching Results

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Vietnam PNTR Status and WTO Accession: Issues and Implications for the United States: 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.
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties: 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.
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief overview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare: No Description Available.
Trade Promotion Authority and the U.S.-South 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).
A Free Trade Area of the Americas: Status of Negotiations and Major Policy Issues: At the second Summit of the Americas in Santiago, Chile (April 1998), 34 Western Hemisphere nations agreed to initiate formal negotiations to create a Free Trade Area of the Americas (FTAA) by 2005. The process so far has led to two draft texts, the second completed for the November 1, 2002 trade ministerial in Quito, Ecuador. The many sections of “bracketed” text indicate that there are still significant differences to be worked out. Although implementing legislation is not anticipated until the next Congress at the earliest, for an FTAA agreement to be signed in January 2005, the 108th Congress, having an expanded oversight authority as defined in the Trade Act of 2002 (P.L. 107-210), will play a crucial role during this last phase of the FTAA negotiations. This report will be updated periodically.
International Small Arms and Light Weapons Transfers: U.S. Policy: This report provides general background on U.S. policy regarding the international trade in small arms and light weapons (SA/LW). It outlines major questions associated with the international trade in these items, and reviews United States efforts to assist in controlling the illicit transfers of these items.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues: No Description Available.
Japan-U.S. Trade Negotiations Under the Framework: Status and Alternative Approaches: It has been more than a year since the United States and Japan established their bilateral framework for trade negotiations and other economic relations. The framework set down rules and deadlines to address various economic issues, particularly market access in Japan for U.S. exports and the Japanese global trade surplus. The two sides have failed to reach agreements on any of the major issues. The United States is left with several policy options to resolve the breakdown in trade negotiations.
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.
U.S. Trade Policy Primer: Frequently Asked Questions: This report addresses frequently asked questions regarding U.S. trade policy and is intended to assist Members and staff who may be new to trade issues. The report provides context for basic trade concepts and data on key U.S. trade and investment trends. It also addresses how U.S. trade policy is formulated and describes the trade and investment policy tools used to advance U.S. objectives. The report is divided into five sections: The basics of trade, U.S trade trends, formulation of U.S. trade policy, U.S. trade policy tools, and the link between international investment and trade.
Trade Promotion Authority (TPA): Frequently Asked Questions: The issue of TPA reauthorization raises a number of questions regarding TPA itself and the pending legislation. This report addresses a number of those questions that are frequently asked, including the following: What is trade promotion authority? Is TPA necessary? What are trade negotiating objectives and how are they reflected in TPA statutes? What requirements does Congress impose on the President under TPA? Does TPA affect congressional authority on trade policy?
Fast-Track Trade Negotiating Authority: A Comparison of 105th Congress Legislative Proposals: This report provides a side-by-side comparison of the reported versions of H.R. 2621 and S. 1269, 105 Congress bills that would provide the President with trade negotiating authority and accord certain resulting agreements and implementing bills expedited -- or “fast-track” -- legislative consideration.
The U.S. Trade Deficit, the Dollar, and the Price of Oil: This report analyzes the relationship between the dollar and the price of oil and how the two might interact. This report provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit.
Agriculture and Fast Track or Trade Promotion Authority: This report considers the issue of new "fast track" or trade promotion authority (APA) legislation in the 107th Congress. Moreover, the report summarizes the agricultural debates on the issue.
China's Accession to the World Trade Organization: Legal Issues: The People's Republic of China (PRC) applied to resume membership in the General Agreement on Tariffs and Trade (GATT) in 1986 and continues to negotiate its accession to GATT's successor, the World Trade Organization (WTO). A country may join the WTO on terms agreed by the applicant and WTO Members if two-thirds of Members approve the country's accession agreement. A Member may "opt out" of WTO relations with another country by invoking Article XIII of the WTO Agreement, its "non-application" clause. The United States and the PRC agreed to bilateral terms for the PRC's accession in November 1999.
Taiwan and the World Trade Organization: No Description Available.
Agriculture and Fast Track or Trade Promotion Authority: New “fast track,” or trade promotion, authority (TPA) cleared the 107th Congress for the President’s expected signature in August 2002. Such authority enables the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests were among the export-oriented enterprises that supported TPA, arguing that foreign trading partners would not seriously negotiate with an Administration that lacked it. However, some farm groups argued that fast track ultimately will lead to new agreements that have adverse effects on U.S. producers, at least of some commodities.
China and the World Trade Organization: China has sought over the past several years to become a member of the World Trade Organization (WTO), the international agency that administers multilateral trade rules. China’s WTO membership (as well as that of Taiwan’s) was formally approved at the WTO Ministerial Conference in Doha, Qatar in November 2001. On December 11, 2001, China officially became a WTO member. WTO membership will require China to significantly liberalize its trade and investment regimes, which could produce significant new commercial opportunities for U.S. businesses. A main concern for Congress is to ensure that China fully complies with its WTO commitments.
Agricultural Biotechnology: Background and Recent Issues: This report discusses the ethical and political issues surrounding contemporary biotechnology. Driving the discussion are inventions such as genetically engineered (GE) crops, which have increased from 3.6 million acres to 143 million acres in the United States. The report also raises concerns about regulations and the adequacy of environmental assessments.
Africa: Trade and Development Initiatives by the Clinton Administration and Congress: This report summarizes legislation in Congress that President Clinton suggested concerning trade in Africa. Specifically, President Clinton called on Congress during his State of the Union address to pass the legislation.
Africa: Trade and Development Initiatives by the Clinton Administration and Congress: In February 1997, the Clinton Administration submitted the second of five annual reports on the Administration's Comprehensive Trade and Development Policy for Africa as required by section 134 of the Uruguay Round Agreements Act (House Document 103-3415, Vol. 1.). On April 24, 1997, members of the African Trade and Investment Caucus introduced a bill, H.R. 1432, on U.S.-Africa trade and investment issues. In his State of the Union address in January 1998, President Clinton called on Congress to pass the trade legislation.
DR-CAFTA Labor Rights Issues: The U.S.-Dominican Republic-Central America Free Trade Agreement (DRCAFTA) is the eighth free trade agreement to include labor protections.1 Labor concerns tend to focus on three main questions: (1) How strong are labor laws in DRCAFTA countries?2 (2) Are those labor laws being adequately enforced? and (3) Does DR- CAFTA comply with the principal negotiating objectives for trade agreements outlined in the Trade Act of 2002?
Free Trade Agreements and the WTO Exceptions: No Description Available.
Fast-Track Trade Negotiating Authority: A Comparison of 105th Congress Legislative Proposals: This report provides a side-by-side comparison of the reported versions of H.R.2621 and S. 1269, 105th Congress bills that would provide the President with trade negotiating authority and accord certain resulting agreements and implementing bills expedited legislative consideration.
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.
Japanese-U.S. Trade Relations: Cooperation or Confrontation?: With Japan the United States has had one of its most important and most difficult trading relationships. Japan ranks second to Canada as the largest U.S. export market. It is also the second largest single source of imports to the United States. Trade issues are likely to become even more important as the whole U.S.-Japanese relationship changes in the post-Cold War period. How each country views and reacts to the other is changing as economic issues replace foreign policy and national security issues as the driving force of the relationship.
China-U.S. Trade Issues: This report mainly focuses on China-U.S. Trade Issues. China-U.S. ties have been substantially expanded over the past three decades. U.S imports from China have risen much more rapidly than U.S exports to China.
Ecuador: Political and Economic Situation and U.S. Relations: This report provides information about the Political and Economic Situation and U.S. Relations on Ecuador. Ecuador is an oil-producing country that has experienced ten years of political and economic stability.
Foreign Relations Authorization, FY2004 and FY2005: State Department, The Millennium Challenge Account, and Foreign Assistance: No Description Available.
China-U.S. Trade Issues: U.S.-China economic ties have expanded substantially over the past several years. China is now the third largest U.S. trading partner, its second largest source of imports, and its fourth largest export market. However, U.S.-China commercial ties have been strained by a number of issues, including a surging U.S. trade deficit with China, China's refusal to float its currency, and failure to fully comply with its World Trade Organization (WTO) commitments, especially its failure to provide protection for U.S. intellectual property rights (IPR). This report explores these issues in detail, especially concerning the lack of protection for U.S. IPR.
China-U.S. Trade Issues: U.S.-China economic ties have expanded substantially over the past several years. China is now the third largest U.S. trading partner, its second largest source of imports, and its fourth largest export market. However, U.S.-China commercial ties have been strained by a number of issues, including a surging U.S. trade deficit with China, China's refusal to float its currency, and failure to fully comply with its World Trade Organization (WTO) commitments, especially its failure to provide protection for U.S. intellectual property rights (IPR). This report explores these issues in detail, especially concerning the lack of protection for U.S. IPR.
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.
Fax-on-Demand Services Available from Federal Government Agencies: This report provides information about the Fax-on-Demand Services Available from Federal Government Agencies where numerous associations and organizations are finding fax publishing an efficient way to distribute information to the public or targeted audience.
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.
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.
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy: This report discusses the role of Trade Adjustment Assistant (TAA) in U.S. trade policy, from its inception as a legislative option in the early 1950s, to its core role as a cornerstone of modern trade policy that many argue has served to promote the long-term U.S. trade liberalization agenda.
A Free Trade Area of the Americas: Major Policy Issues and Status of Negotiations: No Description Available.
China’s Currency: Economic Issues and Options for U.S. Trade Policy: This report mainly provides information about the Economic Issues and Options for U.S. Trade Policy on China’s Currency. Lower priced goods from China may hurt the U.S.
MTBE in Gasoline: Clean Air and Drinking Water Issues: No Description Available.
The Export Administration Act: Controversy and Prospects: The 108th Congress again is expected to consider legislation to rewrite or to reauthorize the Export Administration Act (EAA). In the 107th Congress, the Export Administration Act of 2001 (S. 149) was introduced on January 23, 2001. The Senate passed S. 149 on September 6, 2001 by a vote of 85-14. A companion version in the House, H.R. 2581, was introduced by Rep. Gilman on July 20, 2001. The House International Relations Committee reported the measure with 35 amendments on August 1. The House Armed Services Committee further amended H.R. 2581 and reported out the bill on March 6, 2002. The difficulty in passing a comprehensive rewrite of the EAA has resulted, in part, from the continuing tension between national security and commercial concerns. Industry groups, proponents of heightened export controls, the Administration, and Congress have all participated in the reauthorization debate.
U.S.-Russia Meat and Poultry Trade Issues: In December 2008, the United States and Russia signed a protocol aimed at resolving various emerging trade issues between the two countries in order to continue U.S. livestock and poultry exports to Russia through the end of 2009. This report examines the current trade relationship between the U.S. and Russia in regards to meat and poultry.
Trade Implications of the President's Buy American Executive Order: This report discusses President Trump's April 18, 2017 Executive Order on Buy American and Hire American and its implications for U.S. trade agreements and government procurement costs.
U.S.-China Trade Issues: This report provides background and analysis of U.S.-China commercial ties, including history, trends, issues, and outlook.
U.S.-China Trade Issues: This report provides a summary of U.S.-China commercial ties, including history, trends, issues, and outlook.
The Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA): Provisions and Implications: This report is designed to assist Members of Congress as they consider the costs and benefits of the U.S.-South Korean Free Trade Agreement (KORUS FTA.) It examines the provisions of the KORUS FTA in the context of the overall U.S.-South Korean economic relationship, U.S. objectives, and South Korean objectives.
International Trade and Finance: Key Policy Issues for the 114th Congress: This report covers policy issues in areas such as: U.S. trade negotiations; U.S. trade and economic relations with regions and countries; international trade institutions; tariff and nontariff barriers; worker dislocation from trade liberalization; trade remedy laws; import and export policies; international investment; economic sanctions; and trade policy functions of the federal government.
Exempting Food and Agriculture Products from U.S. Economic Sanctions: Status and Implementation: Falling agricultural exports and declining commodity prices led farm groups and agribusiness firms to urge the 106th Congress to pass legislation exempting foods and agricultural commodities from U.S. economic sanctions against certain countries. In completing action on the FY2001 agriculture appropriations bill, Congress codified the lifting of unilateral sanctions on commercial sales of food, agricultural commodities, medicine, and medical products to Iran, Libya, North Korea, and Sudan, and extended this policy to apply to Cuba (Title IX of H.R. 5426, as enacted by P.L. 106-387; Trade Sanctions Reform and Export Enhancement Act of 2000). Related provisions place financing and licensing conditions on sales to these countries. Those that apply to Cuba, though, are permanent and more restrictive than for the other countries. Other provisions give Congress the authority in the future to veto a President's proposal to impose a sanction on the sale of agricultural or medical products.
Taiwan: Major U.S. Arms Sales Since 1990: This report, updated as warranted, discusses U.S. security assistance to Taiwan, or Republic of China (ROC), including policy issues for Congress and legislation.
Taiwan: Major U.S. Arms Sales Since 1990: No Description Available.

Congressional Research Service Reports - 66 Matching Results

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