Trade policies (11 - 20 of 62 items)
International Trade: Observations on U.S. and Foreign Countries' Export Promotion Activities
GAO-10-310T: Published: Dec 9, 2009. Publicly Released: Dec 9, 2009.
As Congress considers policies to bolster the recovery of the U.S. economy, it must consider the full range of tools available to stimulate growth and create new jobs, including promoting exports. According to the Department of Commerce, U.S. exports of manufactured goods totaled $1.8 trillion in 2008--accounting for approximately 13 percent of the U.S. Gross Domestic Product. GAO's testimony addr...
International Trade: Options for Congressional Consideration to Improve U.S. Trade Preference Programs
GAO-10-262T: Published: Nov 17, 2009. Publicly Released: Nov 17, 2009.
U.S. trade preference programs promote economic development in poorer nations by providing duty-free export opportunities in the United States. 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, two of these programs expire partial...
U.S.-Africa Trade: Options for Congressional Consideration to Improve Textile and Apparel Sector Competitiveness under the African Growth and Opportunity Act
GAO-09-916: Published: Aug 12, 2009. Publicly Released: Aug 12, 2009.
According to U.S. government officials, sub-Saharan Africa's (SSA) textile and apparel industry has not achieved the growth anticipated under the African Growth and Opportunity Act (AGOA). Despite the tariff reductions under AGOA, after an initial surge, U.S. imports of these products from beneficiary countries have declined in recent years (see figure). In view of this outcome, the 2008 Andean Tr...
International Trade: Four Free Trade Agreements GAO Reviewed Have Resulted in Commercial Benefits, but Challenges on Labor and Environment Remain
GAO-09-439: Published: Jul 10, 2009. Publicly Released: Aug 10, 2009.
Since 2001, Congress has approved free trade agreements (FTA) with 14 countries. Most were negotiated under Trade Promotion Authority (TPA), which aims to lower trade barriers while strengthening the capacity of trading partners to promote respect for workers' rights and to protect the environment. The Office of the United States Trade Representative (USTR) is responsible for overseeing implementa...
International Trade: Prior Updates of the Trade Advisory System Offer Insights for Current Review
GAO-09-842T: Published: Jul 21, 2009. Publicly Released: Jul 21, 2009.
This testimony provides a summary of key findings from the comprehensive report on the trade advisory system that we provided to the Congress in 2002, as well as from our more recent report in 2007 on the Congressional and private sector consultations under Trade Promotion Authority. In particular, this testimony highlights our recommendations in three key areas--committee consultations, logistics...
Climate Change Trade Measures: Considerations for U.S. Policy Makers
GAO-09-724R: Published: Jul 8, 2009. Publicly Released: Jul 8, 2009.
Global climate change is one of the most significant long-term policy challenges facing the United States, and policies to mitigate climate change will have important economic, social, and environmental implications. Members of Congress have introduced several bills to address the problem of climate change, many of which establish domestic emissions pricing by requiring firms that emit greenhouse...
Climate Change Trade Measures: Estimating Industry Effects
GAO-09-875T: Published: Jul 8, 2009. Publicly Released: Jul 8, 2009.
Countries can take varying approaches to reducing greenhouse gas emissions. Since energy use is a significant source of greenhouse gas emissions, policies designed to increase energy efficiency or induce a switch to less greenhouse-gas-intensive fuels, such as from coal to natural gas, can reduce emissions in the short term. In the long term, however, major technology changes will be needed to est...
International Trade: Effective Export Programs Can Help In Achieving U.S. Economic Goals
GAO-09-480T: Published: Mar 17, 2009. Publicly Released: Mar 17, 2009.
This testimony summarizes observations regarding export promotion challenges from a range of work that GAO has conducted for Congress over the past 4 years. Congress has expressed longstanding concerns regarding several aspects of U.S. export promotion efforts, especially interagency coordination, meeting the needs of small businesses, and effectively enforcing trade agreements.GAO has reviewed th...
Export Controls: Challenges with Commerce's Validated End-User Program May Limit Its Ability to Ensure That Semiconductor Equipment Exported to China Is Used as Intended
GAO-08-1095: Published: Sep 25, 2008. Publicly Released: Oct 27, 2008.
Semiconductors are key components in weapons systems and consumer electronics. Since semiconductors have both civilian and military applications, U.S. export control policy treats the equipment and materials used to manufacture semiconductors as "dual-use" items, and controls the export of these items through licensing requirements to sensitive destinations such as China. You requested that we upd...
Agencies Believe Strengthening International Agreements to Improve Collection of Antidumping and Countervailing Duties Would Be Difficult and Ineffective
GAO-08-876R: Published: Jul 24, 2008. Publicly Released: Jul 24, 2008.
The United States and many of its trading partners have enacted laws to remedy the unfair trade practices of other countries and foreign companies that cause injury to domestic industries. U.S. law authorizes the imposition of additional duties on importers to remedy these unfair trade practices. Specifically, antidumping (AD) duties are imposed on imports that are "dumped" in the United States (i...