15 research outputs found
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U.S. Trade in Services: Trends and Policy Issues
[Excerpt] This report provides background information and analysis on U.S. international trade in services. It analyzes policy issues before the United States, especially relating to negotiating international disciplines on trade in services and dealing complexities in measuring trade in services. The report also examines emerging issues and current and potential trade agreements, including the North American Free Trade Agreement (NAFTA), the Trade in Services Agreement (TiSA), and the Transatlantic Trade and Investment Partnership (T-TIP)
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Trade Adjustment Assistance for Firms
The Trade Adjustment Assistance (TAA) programs were first authorized by Congress in the Trade Expansion Act of 1962, as amended, to help workers and firms adjust to import competition and dislocation caused by trade liberalization. Although overall economic welfare can be increased by trade liberalization, TAA has long been justified on grounds that the government has an obligation to help the “losers” of policy-driven trade openings that may cause adjustment problems for firms and workers adversely affected by import competition. TAA programs that cover workers, firms, and farmers aim to “facilitate efforts by the domestic industry to make a positive adjustment to import competition and provide greater economic and social benefits than costs.” Congress continues to monitor TAA program performance and to periodically reauthorize and amend the governing legislation.
This report discusses the Trade Adjustment Assistance for Firms (TAAF) program, which is administered by the Economic Development Administration (EDA) of the Department of Commerce. The TAAF program assists eligible American companies that have been harmed by increasing imports; this harm is defined by lower domestic sales and employment because of increased imports of similar goods and services. Through the TAAF program, EDA provides technical assistance, on a cost-sharing basis, to help eligible businesses create and implement business recovery plans that may allow them to remain competitive in a dynamic international economy. The TAAF program provides technical assistance through a partnership with a national network of 11 EDA-funded Trade Adjustment Assistance Centers (TAACs)
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Trade in Services Agreement (TiSA) Negotiations: Overview and Issues for Congress
This report provides a brief overview of U.S. trade in services, background on services in U.S. trade agreements, and an in-depth discussion of the ongoing Trade in Services Agreement (TiSA) negotiations
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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 before the United States. The report also 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)
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Expansion of WTO Information Technology Agreement Targets December Conclusion
This report discusses the World Trade Organization (WTO) expansion and agreement to expand the Information Technology Agreement (ITA) and eliminate tariffs on 201 goods not included in the original 1996 ITA
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The WTO Nairobi Ministerial
This report briefly discusses a limited set of deliverables agreed upon by trade ministers and their senior representatives in Nairobi at the 10th Ministerial Conference of the World Trade Organization (WTO)
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U.S. Trade in Services: Trends and Policy Issues
This report provides background information and analysis on U.S. international trade in services. It analyzes policy issues before the United States, especially relating to negotiating international disciplines on trade in services and dealing complexities in measuring trade in services. The report also examines emerging issues and current negotiations
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CRS Insight
This report discuses two investigations by the Department of Commerce related to Section 232 of the Trade Expansion Act of 1962 which allows the President to impose tariffs or quotas on imported goods if it is in the interest of national security. These investigations are being conducted on the steel and aluminium industries to determine whether the President can and whether he should impose import restrictions. Mixed reactions to the investigations and proposals are also discussed
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CRS Insight
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
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115th Congress
This report discusses trade in insurance services and summarizes the various international entities and agreements affecting the regulation of and trade in insurance. It then addresses particular issues and controversies in greater depth, including a focus on the pending U.S.-EU covered agreement, and concludes with a section on issues relating to international insurance standards