International economic relations (41 - 50 of 444 items)
U.S.-China Trade: USTR's China Compliance Reports and Plans Could Be Improved
GAO-08-405: Published: Apr 14, 2008. Publicly Released: May 14, 2008.
Congress mandated that the United States Trade Representative (USTR) annually assess China's trade compliance and report its findings to Congress. In addition, USTR conducted an interagency "top-to-bottom review" of U.S. trade policies toward China. USTR's resulting February 2006 report outlined U.S objectives and action items. GAO was asked to (1) evaluate USTR's annual China trade compliance rep...
Antidumping and Countervailing Duties: Congress and Agencies Should Take Additional Steps to Reduce Substantial Shortfalls in Duty Collection
GAO-08-391: Published: Mar 26, 2008. Publicly Released: Apr 23, 2008.
U.S. Customs and Border Protection (CBP) has been unable to collect hundreds of millions of dollars in antidumping (AD) and countervailing (CV) duties. The Department of Commerce imposes these duties to remedy injurious unfair foreign trade practices (unfairly low prices or subsidies). The noncollection of AD/CV duties means that the U.S. government has not fully remedied the unfair trade practice...
Millennium Challenge Corporation: Analysis of Compact Development and Future Obligations and Current Disbursements of Compact Assistance
GAO-08-577R: Published: Apr 11, 2008. Publicly Released: Apr 11, 2008.
The Millennium Challenge Corporation (MCC), now in its fourth year of operations, provides aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides monetary assistance to eligible countries through multiyear compact agreements to fund specific programs targeted at reducing poverty and stimulating economic...
International Trade: U.S. Trade Preference Programs Provide Important Benefits, but a More Integrated Approach Would Better Ensure Programs Meet Shared Goals
GAO-08-443: Published: Mar 7, 2008. Publicly Released: Apr 8, 2008.
U.S. trade preference programs promote economic development in poorer nations by providing export opportunities. The Generalized System of Preferences, Caribbean Basin Initiative, Andean Trade Preference Act, and African Growth and Opportunity Act unilaterally reduce U.S. tariffs for many products from over 130 countries. However, three of these programs expire partially or in full this year, and...
The Democratic Republic of the Congo: Major Challenges Impede Efforts to Achieve U.S. Policy Objectives; Systematic Assessment of Progress Is Needed
GAO-08-562T: Published: Mar 6, 2008. Publicly Released: Mar 6, 2008.
During the last decade, conflict in the Democratic Republic of the Congo (DRC)--one of the world's poorest countries--led directly or indirectly to the deaths of an estimated 5.4 million Congolese. A U.S.-supported peace process began in 2001, and the country's first democratically elected president in 40 years was inaugurated in 2006. However, conflict in the country has continued. In enacting th...
Somalia: Several Challenges Limit U.S. and International Stabilization, Humanitarian, and Development Efforts
GAO-08-351: Published: Feb 19, 2008. Publicly Released: Mar 4, 2008.
Somalia has lacked a functioning central government since 1991. In December 2006, the Ethiopian military intervened in Somalia to support Somalia's transitional government, opening what many considered a window of opportunity to rebuild the country and restore effective governance. The United States has been the largest bilateral donor to Somalia, providing roughly $362 million in assistance since...
The Democratic Republic of the Congo: Systematic Assessment Is Needed to Determine Agencies' Progress toward U.S. Policy Objectives
GAO-08-188: Published: Dec 14, 2007. Publicly Released: Dec 14, 2007.
In enacting the Democratic Republic of the Congo (DRC) Relief, Security, and Democracy Promotion Act of 2006 (the Act), Congress established 15 U.S. policy objectives to address the DRC's humanitarian, development, economic and natural resource, governance, and security issues and mandated that GAO review actions taken by U.S. agencies to achieve these objectives. In this report, GAO identifies (1...
Export-Import Bank: Improvements Needed in Assessment of Economic Impact
GAO-07-1071: Published: Sep 12, 2007. Publicly Released: Oct 15, 2007.
Congress established the Export-Import Bank of the United States (Ex-Im) to encourage U.S. exports. Congress has directed Ex-Im to consider the economic impact of its work and not to fund activities that will adversely affect U.S. industry. In this context, GAO reviewed (1) Ex-Im's policies and procedures for determining economic impact, (2) the extent to which Ex-Im appropriately identifies and a...
GAO China Antidumping Database, an E-supplement to GAO-06-231
GAO-06-652SP: Published: Apr 21, 2006. Publicly Released: Apr 21, 2006.
This e-supplement is a companion to GAO's report U.S.-China Trade: Eliminating Nonmarket Economy Methodology Would Lower Antidumping Duties for Some Chinese Companies, GAO-06-231 (Washington, D.C.: Jan. 10, 2006). The e-supplement contains a database of U.S. antidumping cases against China and selected other countries from January 1, 1980, through December 31, 2004. It also describes the scope and...
U.S.-China Trade: Challenges and Choices to Apply Countervailing Duties to China
GAO-06-608T: Published: Apr 4, 2006. Publicly Released: Apr 4, 2006.
Some U.S. companies allege that unfair subsidies are a factor in China's success in U.S. markets. U.S. producers injured by subsidized imports may normally seek countervailing duties (CVD), but the United States does not apply CVDs against countries, including China, that the Department of Commerce classifies as "non-market economies" (NME). In this testimony, which is based on a June 2005 report...