International organizations (21 - 30 of 84 items)
U.S.-China Trade: The United States Has Not Restricted Imports under the China Safeguard
GAO-05-1056: Published: Sep 29, 2005. Publicly Released: Sep 29, 2005.
In joining the World Trade Organization (WTO) in December 2001, China agreed to a number of mechanisms to allow other WTO members to address disruptive import surges from that country. Among these was a transitional product-specific safeguard. In general, safeguards are temporary import restrictions of limited duration that provide an opportunity for domestic industries to adjust to increasing imp...
International Trade: Issues and Effects of Implementing the Continued Dumping and Subsidy Offset Act
GAO-05-979: Published: Sep 26, 2005. Publicly Released: Sep 26, 2005.
Between fiscal years 2001 and 2004, the Continued Dumping and Subsidy Offset Act (CDSOA) provided over $1 billion funded from import duties to U.S. companies deemed injured by unfair trade. Some supporters state CDSOA helps U.S. companies compete in the face of continuing unfair trade. Some opponents believe CDSOA recipients receive a large, unjustified windfall from the U.S. treasury. Also, 11 Wo...
World Trade Organization: Global Trade Talks Back on Track, but Considerable Work Needed to Fulfill Ambitious Objectives
GAO-05-538: Published: May 31, 2005. Publicly Released: May 31, 2005.
The outcome of ongoing World Trade Organization (WTO) negotiations is vital to the U.S. economy, because trade with WTO members accounts for about one-fifth of the U.S. gross domestic product. The current round of trade negotiations--called the Doha Round--was supposed to end by January 2005 with agreement on the key issues of agriculture, industrial market access, services, and to strengthen the...
Free Trade Area of the Americas: Missed Deadline Prompts Efforts to Restart Stalled Hemispheric Trade Negotiations
GAO-05-166: Published: Mar 18, 2005. Publicly Released: Apr 18, 2005.
If completed, the Free Trade Area of the Americas (FTAA) agreement would encompass an area of 800 million people and about $13 trillion in production of goods and services, making it the most significant regional trade initiative presently being pursued by the United States. The 34 democratic nations of the Western Hemisphere formally launched negotiations towards a FTAA in 1998, and set a January...
U.S.-China Trade: Opportunities to Improve U.S. Government Efforts to Ensure Open and Fair Markets
GAO-05-554T: Published: Apr 14, 2005. Publicly Released: Apr 14, 2005.
Today's hearing takes place not only at a time of increasing trade between the United States and China but also amidst a period of ongoing concern about the growing U.S. trade deficit with China, which totaled $162 billion in 2004. Managing this relationship with one of the United States' most important trading partners is an effort that calls upon the resources of nearly every aspect of the U.S....
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...