Trade policies (21 - 30 of 62 items)
International Trade: The United States Needs an Integrated Approach to Trade Preference Programs
GAO-08-907T: Published: Jun 12, 2008. Publicly Released: Jun 12, 2008.
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.-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...
International Trade: An Analysis of Free Trade Agreements and Congressional and Private Sector Consultations under Trade Promotion Authority
GAO-08-59: Published: Nov 7, 2007. Publicly Released: Dec 7, 2007.
Congress granted the President Trade Promotion Authority (TPA) to negotiate agreements, including free trade agreements (FTA) in 2002. TPA stipulated negotiating objectives and procedural steps for the administration, including consulting with Congress and trade advisory committees. TPA lapsed in July 2007 amidst questions about its use. GAO was asked to review: (1) What FTAs have been pursued und...
Intellectual Property: U.S. Trade Policy Guidance on WTO Declaration on Access to Medicines May Need Clarification
GAO-07-1198: Published: Sep 28, 2007. Publicly Released: Oct 30, 2007.
The WTO Agreement on Trade-Related Intellectual Property (TRIPS) requires all 151 World Trade Organization (WTO) members to provide baseline protections, including 20-year patents for innovative pharmaceuticals. The Trade Act of 2002 granting Trade Promotion Authority (TPA) to the President outlined three negotiating objectives related to intellectual property (IP). The first two aim to strengthen...
International Trade: An Overview of Use of U.S. Trade Preference Programs by Beneficiaries and U.S. Administrative Reviews
GAO-07-1209: Published: Sep 27, 2007. Publicly Released: Oct 29, 2007.
Goods imported into the United States under trade preference programs, which extend unilateral tariff reductions to over 130 developing countries to assist their economies, totaled approximately $92 billion in 2006. The United States offers four primary trade preference programs--the Generalized System of Preferences (GSP), the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATP...
World Trade Organization: Congress Faces Key Decisions as Efforts to Reach Doha Agreement Intensify
GAO-07-379: Published: Mar 5, 2007. Publicly Released: Mar 5, 2007.
President Bush has identified the success of global trade talks launched in Doha, Qatar, in November 2001 as one of the United States' top trade policy priorities. Known as the Doha Development Agenda, the talks are an important means of spurring global growth and development. Completing the talks in 2006 was considered essential for an agreement to qualify for streamlined congressional considerat...
World Trade Organization: Limited Progress at Hong Kong Ministerial Clouds Prospects for Doha Agreement
GAO-06-596: Published: Apr 26, 2006. Publicly Released: Apr 26, 2006.
U.S. officials often call the World Trade Organization's (WTO) Doha Development Agenda or "Round" of global trade talks, launched in Doha, Qatar, in November 2001, a "once in a generation opportunity" to expand trade. President Bush has identified their success as his administration's top trade priority. Due to various U.S. notification and consultation requirements, concluding the negotiations in...
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...