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World Trade Organization, Multinational (21 - 30 of 184 items)
U.S.-China Trade: Textile Safeguard Procedures Should Be Improved
GAO-05-296: Published: Apr 4, 2005. Publicly Released: Apr 4, 2005.
U.S. textile and apparel imports from China have more than doubled in value since China became a World Trade Organization (WTO) member. When joining the WTO, China agreed to a special textile safeguard mechanism applicable only to that country. In this report, GAO (1) describes the mechanism, (2) describes requests for safeguard action filed by U.S. producers and the results of these requests, and...
Foreign Assistance: U.S. Trade Capacity Building Extensive, but Its Effectiveness Has Yet to Be Evaluated
GAO-05-150: Published: Feb 11, 2005. Publicly Released: Feb 11, 2005.
Many developing countries have expressed concern about their inability to take advantage of global trading opportunities. The United States considers this ability a key factor in reducing poverty, achieving economic growth, raising income levels, and promoting stability. U.S. trade capacity building assistance is designed to address these concerns. GAO (1) identified the nature and extent of U.S....
U.S.-China Trade: Observations on Ensuring China's Compliance with World Trade Organization Commitments
GAO-05-295T: Published: Feb 4, 2005. Publicly Released: Feb 4, 2005.
U.S. government efforts to ensure China's compliance with its World Trade Organization (WTO) commitments require a sustained and multifaceted approach. To provide Congress with an update on these issues, GAO (1) discussed the key findings, conclusions, and recommendations from our recently issued work on China-WTO issues and (2) updated the Commission on a number of ongoing GAO reviews on China tr...
U.S.-China Trade: Summary of 2003 World Trade Organization Transitional Review Mechanism for China
GAO-05-209R: Published: Jan 25, 2005. Publicly Released: Jan 25, 2005.
China's 2001 accession to the World Trade Organization (WTO) raised expectations with Congress and the private sector about the prospects for China to reform its markets and allow greater access to foreign goods and services. As part of our long-term body of work related to China's membership in the WTO, we reported in October 2004 on how the U.S. Trade Representative (USTR) and the Departments of...
U.S.-China Trade: Opportunities to Improve U.S. Government Efforts to Ensure China's Compliance with World Trade Organization Commitments
GAO-05-53: Published: Oct 6, 2004. Publicly Released: Oct 6, 2004.
China's 2001 accession to the World Trade Organization (WTO) required China to reform its economy and trade practices. As part of ongoing work, GAO reviewed how the U.S. Trade Representative (USTR) and the Departments of Commerce, Agriculture, and State pursued China's WTO compliance in 2003. Specifically, this report (1) discusses the scope and disposition of China's compliance problems, (2) revi...
World Trade Organization: U.S. Companies' Views on China's Implementation of Its Commitments
GAO-04-508: Published: Mar 24, 2004. Publicly Released: Mar 24, 2004.
As the second largest source of foreign direct investment in China, U.S. companies continue their keen interest in China's implementation of its World Trade Organization (WTO) commitments. China's 2001 WTO commitments include specific pledges to increase market access, liberalize foreign investment, continue fundamental market reforms, and improve the rule of law. In 2002, GAO reported on selected...
International Taxation: Information on Federal Contractors With Offshore Subsidiaries
GAO-04-293: Published: Feb 2, 2004. Publicly Released: Mar 5, 2004.
Every year, U.S.-based multinational corporations transfer hundreds of billions of dollars of goods and services between their affiliates in the United States and their foreign subsidiaries. Such transactions may be a part of normal business operations for corporations with foreign subsidiaries. However, it is generally recognized that given the variation in corporate tax rates across countries, a...
World Trade Organization: Cancun Ministerial Fails to Move Global Trade Negotiations Forward; Next Steps Uncertain
GAO-04-250: Published: Jan 15, 2004. Publicly Released: Jan 15, 2004.
Trade ministers from 146 members of the World Trade Organization (WTO), representing 93 percent of global commerce, convened in Cancun, Mexico, in September 2003. Their goal was to provide direction for ongoing trade negotiations involving a broad set of issues that included agriculture, nonagricultural market access, services, and special treatment for developing countries. These negotiations, pa...
World Trade Organization: Ensuring China's Compliance Requires a Sustained and Multifaceted Approach
GAO-04-172T: Published: Oct 30, 2003. Publicly Released: Oct 30, 2003.
China's accession to the World Trade Organization (WTO) in December 2001 created substantial opportunities for U.S. companies seeking to expand into China's market. In joining the WTO, China agreed to liberalize its trade regime and open its markets to foreign goods and services. However, the U.S. government has become concerned about ensuring that China honors its commitments to offer a more pred...
World Trade Organization: Standard of Review and Impact of Trade Remedy Rulings
GAO-03-824: Published: Jul 30, 2003. Publicly Released: Jul 30, 2003.
World Trade Organization (WTO) members rely on trade remedies in the form of duties or other import restrictions to protect their industries from injury due to unfair foreign trade practices or unexpected import surges. There is congressional concern that the WTO, created in 1995 to administer trade rules, is interfering with this ability. There is also congressional concern that the WTO is not tr...