This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries.
At the World Trade Organization's (WTO's) Ninth Ministerial Conference in Bali, Indonesia, December 3-7, 2013, ministers adopted the so-called Bali Package — a series of decisions aimed at streamlining trade (referred to as trade facilitation), allowing developing countries more options for providing food security, boosting least-developed-country trade, and helping development more generally. This report focuses on aspects of the Bali Package that deal with and are specific to agriculture.
This report provides a brief overview of the World Trade Organization (WTO) commitments that are most relevant for U.S. domestic farm policy. It includes a discussion regarding how WTO commitments may influence policies and questions for evaluating WTO compliance of domestic farm spending..
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.
This report discusses a current controversy over how Buy America (which requires that federally-funded highway, public transportation, aviation, and intercity passenger rail projects use U.S.-made manufactured goods) applies to battery-powered buses. This controversy illustrates the challenges in determining whether or not a product is made in the United States.
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.
This report discusses the U.S.-China economic relationship and China's rapid expansion as a global economic market, within the context of the current global economic crisis. It also examines major U.S.-China trade issues and related legislation.
This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise for the United States.
This report tracks and describes actions taken by the Administration and Congress to provide FY2016 appropriations for the International Trade Administration(ITA) of the U.S. Department of Commerce, the U.S. International Trade Commission (USITC), and the Office of the United States Trade Representative.
This report provides an overview of the Buy American Act, Trade Agreements Act, Berry Amendment (including its former specialty metals provision), and Buy America Act, specifically highlighting the commonalities and differences among them. The report also lists other federal domestic content restrictions codified in the U.S. Code.
This report will monitor pending and possible proposals for U.S. free trade areas (FTAs), relevant legislation and other congressional interest in U.S. FTAs.
This report briefly discusses Indian Prime Minister Narendra Modi's "working visit" to Washington D.C. that will include addressing Congress, the first such address by an Indian leader since 2005.
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.
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.
Report that discusses: President Obama's trade reorganization proposal; the context of the trade reorganization debate; key issues that Congress may face related to the debate; potential policy options for Congress; and the outlook for trade reorganization.
This report discusses the export of crude oil produced in the United States and policy considerations in the wake of a provision contained in P.L. 114-113 which repealed a 40-year prohibition on the export.
In accordance with United States law, the U.S. Government places conditions on the use of defense articles and defense services transferred by it to foreign recipients. Violation of these conditions can lead to the suspension of deliveries or termination of the contracts for such defense items, among other things. This report covers the details and meanings of these reports.
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.
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.
This report discusses the U.S. sugar program, which is singular among major agricultural commodity programs in that it combines a floor price guarantee with a supply management structure that encompasses both domestic production for human use and sugar imports.
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).
This report reviews unilateral preference programs for the Caribbean, discusses how they have been affected by Free Trade Agreement (FTA) in the region, and considers trade policy options for dealing with countries still relying on trade preferences and that may be considering whether to negotiate an FTA with the United States.
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