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Trade Promotion Authority Tpa
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Book Synopsis Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy by : J. F. Hornbeck
Download or read book Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy written by J. F. Hornbeck and published by DIANE Publishing. This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents background and analysis on the development of Trade Promotion Authority (TPA), which expired on July 1, 2007. The report also includes a summary of the major provisions under the recently expired authority and a discussion of the issues that have arisen in the debate over TPA renewal. It also explores the policy options available to Congress and will be updated as the congressional debate unfolds.
Author :Congressional Research Service Publisher :Createspace Independent Publishing Platform ISBN 13 :9781727358049 Total Pages :40 pages Book Rating :4.3/5 (58 download)
Book Synopsis Trade Promotion Authority (Tpa) by : Congressional Research Service
Download or read book Trade Promotion Authority (Tpa) written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2018-09-15 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legislation to reauthorize Trade Promotion Authority (TPA)-sometimes called "fast track"-the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015), was signed into law by President Obama on June 29, 2015 (P.L. 114-26). If the President negotiates an international trade agreement that would reduce tariff or nontariff barriers to trade in ways that require changes in U.S. law, the United States can implement the agreement only through the enactment of legislation. If the trade agreement and the process of negotiating it meet certain requirements, TPA allows Congress to consider the required implementing bill under expedited procedures, pursuant to which the bill may come to the floor without action by the leadership, and can receive a guaranteed up-or-down vote with no amendments. Under TPA, an implementing bill may be eligible for expedited consideration if (1) the trade agreement was negotiated during the limited time period for which TPA is in effect; (2) the agreement advances a series of U.S. trade negotiating objectives specified in the TPA statute; (3) the negotiations were conducted in compliance with an extensive array of required notifications to and consultations with Congress and other stakeholders; and (4) the President submits to Congress a draft implementing bill, which must meet specific content requirements, and a range of required supporting information. If, in any given case, Congress judges that these requirements have not been met, TPA provides mechanisms through which the eligibility of the implementing bill for expedited consideration may be withdrawn in one or both chambers. TPA is authorized through July 1, 2021. The United States is now engaged in renegotiation of the North American Free Trade Agreement (NAFTA), for which TPA could be used to consider implementing legislation. The issue of TPA reauthorization raises a number of questions regarding TPA itself and the pending legislation. This report addresses a number of those questions that are frequently asked, including the following: What is trade promotion authority? Is TPA necessary? What are trade negotiating objectives and how are they reflected in TPA statutes? What requirements does Congress impose on the President under TPA? Does TPA affect congressional authority on trade policy?
Book Synopsis Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy by : William H. Cooper
Download or read book Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy written by William H. Cooper and published by . This book was released on 2014 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Congressional Research Congressional Research Service Publisher :CreateSpace ISBN 13 :9781507737446 Total Pages :26 pages Book Rating :4.7/5 (374 download)
Book Synopsis Trade Promotion Authority (Tpa) and the Role of Congress in Trade Policy by : Congressional Research Congressional Research Service
Download or read book Trade Promotion Authority (Tpa) and the Role of Congress in Trade Policy written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2015-01-23 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legislation to renew TPA is expected to be introduced in the 114th Congress. On July 1, 2007, Trade Promotion Authority (TPA-previously known as fast track) expired. TPA is the authority Congress grants to the President to enter into certain reciprocal trade agreements, and to have their implementing bills considered under expedited legislative procedures, provided the President observes certain statutory obligations. TPA defines how Congress has chosen to exercise its constitutional authority over a particular aspect of trade policy, while giving the President added leverage to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements will be given timely and unamended consideration. On July 30, 2013, President Obama first publicly requested that Congress reauthorize TPA and he reiterated his request for TPA in his January 20, 2015, State of the Union address. Legislation to renew TPA-the Bipartisan Congressional Trade Priorities Act of 2014-was introduced in the 113th Congress (H.R. 3830) (S. 1900), but it was not acted upon. TPA reflects decades of debate, cooperation, and compromise between Congress and the executive branch in finding a pragmatic accommodation to the exercise of each branch's respective authorities over trade policy. The expedited legislative procedures have not changed since first codified in the Trade Act of 1974 (P.L.93-618). Congress, however, has required that the authority to use TPA be periodically reauthorized, and at times has chosen to revise trade negotiation objectives, the consultative mechanism, and presidential notification requirements. While early versions of fast track/TPA received bipartisan support, later renewal efforts have been more controversial, culminating in a more partisan vote on the 2002 TPA renewal. Future debates on TPA renewal may center on trade negotiation objectives, congressional oversight of trade negotiations, trade agreement enforcement, and clarifying the congressional authority over approval of reciprocal trade agreements and trade policy more generally, among others. TPA renewal may become a more pressing issue in the 114th Congress because current trade negotiations on the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP), and the Trade in Services Agreement (TISA) are in progress. Technically, TPA is not necessary to begin or even conclude trade negotiations, but it is widely understood to be a key element of defining congressional authority, and of passing trade agreement implementing legislation. Therefore, its renewal can be construed as signaling serious congressional support for moving ahead with trade negotiations. Addressing congressional concerns over the definition and operation of TPA may be a central part of the debate. Although there appears to be support for renewal of TPA in Congress, the details of the legislation are likely to be subject to considerable debate, including the specific treatment of any related TAA program reauthorization. This report presents background and analysis on the development of TPA, a summary of the major provisions under the expired authority, and a discussion of the issues that have arisen in the debate over TPA renewal. It also explores some of the policy options available to Congress.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781976381461 Total Pages :98 pages Book Rating :4.3/5 (814 download)
Book Synopsis International Trade by : United States Government Accountability Office
Download or read book International Trade written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-15 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 under TPA and why? (2) Overall, what is the economic significance of these agreements for the United States? (3) What is the nature of the consultation process for Congress and how well has it worked in practice? (4) What is the nature of the consultation process for trade advisory committees, and how well has it worked in practice? GAO interviewed staff of the Office of the U.S. Trade Representative (USTR), the International Trade Commission (ITC), congressional committees with jurisdiction, trade advisory committees, and others, and reviewed USTR documents.
Book Synopsis Trade Promotion Authority Annotated by : William Gary Dauster
Download or read book Trade Promotion Authority Annotated written by William Gary Dauster and published by . This book was released on 2007 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Request for an extension of the trade promotion authority procedures by : United States. President (2001-2009 : Bush)
Download or read book Request for an extension of the trade promotion authority procedures written by United States. President (2001-2009 : Bush) and published by . This book was released on 2005 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress by : William H. Cooper
Download or read book Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress written by William H. Cooper and published by DIANE Publishing. This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides analysis of U.S. trade policy including factors that make up the current economic and political climate, grade issues, the depate over U.S. trade policy. It concludes with an examination of some of the options available to Congress and the pros and cons of each.
Book Synopsis Trade Agreements: Impact on the U.S. Economy by :
Download or read book Trade Agreements: Impact on the U.S. Economy written by and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the process of considering a number of trade agreements. In addition, the 111th Congress may address the issue of trade promotion authority (TPA), which expired on July 1, 2007. These agreements range from bilateral trade agreements with countries that account for meager shares of U.S. trade to multilateral negotiations that could affect large numbers of U.S. workers and businesses. During this process, Congress likely will be presented with an array of data estimating the impact of trade agreements on the economy, or on a particular segment of the economy. An important policy tool that can assist Congress in assessing the value and the impact of trade agreements is represented by sophisticated models of the economy that are capable of simulating changes in economic conditions. These models are particularly helpful in estimating the effects of trade liberalization in such sectors as agriculture and manufacturing where the barriers to trade are identifiable and subject to some quantifiable estimation. Barriers to trade in services, however, are proving to be more difficult to identify and, therefore, to quantify in an economic model. In addition, the models are highly sensitive to the assumptions that are used to establish the parameters of the model and they are hampered by a serious lack of comprehensive data in the services sector. Nevertheless, the models do provide insight into the magnitude of the economic effects that may occur across economic sectors as a result of trade liberalization. These insights are especially helpful in identifying sectors expected to experience the greatest adjustment costs and, therefore, where opposition to trade agreements is likely to occur.
Author :United States. Government Accountability Office Publisher :Nova Science Pub Incorporated ISBN 13 :9781604563931 Total Pages :107 pages Book Rating :4.5/5 (639 download)
Book Synopsis Free Trade Agreements and Other Consultations Under Trade Promotion Authority by : United States. Government Accountability Office
Download or read book Free Trade Agreements and Other Consultations Under Trade Promotion Authority written by United States. Government Accountability Office and published by Nova Science Pub Incorporated. This book was released on 2008 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews what FTAs have been pursued under TPA and why Overall, what is the economic significance of these agreements to the United States? What is the nature of the consultation process for Congress and how well has it worked in practice? What is the nature of the consultation process for private sector trade advisory committees and other stakeholders, and how well has it worked in practise?
Book Synopsis Trade Promotion Authority by : United States. Congress. Senate. Committee on Finance
Download or read book Trade Promotion Authority written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2001 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Congressional Research Congressional Research Service Publisher :CreateSpace ISBN 13 :9781512371864 Total Pages :44 pages Book Rating :4.3/5 (718 download)
Book Synopsis U.S. Trade Concepts, Performance, and Policy by : Congressional Research Congressional Research Service
Download or read book U.S. Trade Concepts, Performance, and Policy written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2015-06-22 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress plays a major role in U.S. trade policy through its legislative and oversight authority. There are a number of major trade issues that are currently the focus of Congress. For example, bills were introduced in the 113th Congress to reauthorize Trade Promotion Authority (TPA), the U.S. Generalized System of Preferences (GSP), and the U.S. Export-Import Bank. Congress has also been involved with proposed free trade agreements (FTAs), including the Trans-Pacific Partnership (TPP) involving the United States and 11 other countries and the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union (EU). Also of interest to Congress are current plurilateral negotiations for a Trade in Services Agreement (TISA) and a new multilateral Information Technology (ITA) agreement in the World Trade Organization (WTO). Trade and investment policies of major U.S. trading partners (such as China), especially when they are deemed harmful to U.S. economic interests, are also of continued concern to Congress. Events in the Ukraine have prompted U.S. trade sanctions against Russia. The costs and benefits of trade to the U.S. economy, firms, workers, and constituents, and the future direction of U.S. trade policy, are hotly debated topics in Congress.
Book Synopsis United States-Australia Free Trade Agreement Implementation Act by : United States. Congress. House. Committee on Ways and Means
Download or read book United States-Australia Free Trade Agreement Implementation Act written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2004 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis North American Free Trade Agreements by : James R. Holbein
Download or read book North American Free Trade Agreements written by James R. Holbein and published by . This book was released on 1992 with total page 1550 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent updates to this subscription service include: DT U.S.-Latin America Trade: Recent Trends and Policy Issues DT Proposed U.S.-Colombia Free Trade Agreement: Background and Issues DT Excerpts From the 2011 Trade Policy Agenda and 2010 Annual Report of the President of the United States on the Trade Agreements Program DT Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy DT Intellectual Property Rights and International Trade North American Free Trade Agreements is your definitive trade reference tool, with up-to-date, full-text versions of NAFTA, the full text of the US-Canada FTA, much of which is incorporated by reference into NAFTA, and complete texts of the Annexes and supplemental agreements. In one complete, easy-to-use source, you will receive coverage of the rapidly changing rules governing trade in North America, making it easy for you to locate the information you need to be in compliance with any North American Free Trade Agreement...and to take advantage of the allowances. These looseleaf volumes provide comprehensive information on all new trading agreements and explain, among other topics, what NAFTA covers and how its decisions are rendered; how the new free trade agreements are being negotiated and what the policy positions are; and what government officials and practitioners are saying about these arguments. With the heightened emphasis of U.S. international trade policy in more of Latin America, this set has broadened its scope as well. The set provides excellent explanatory material to help you use the recently signed U.S.-Chile FTA. It looks ahead to the negotiation of the U.S.-Central American FTA and the historic Free Trade Area of the Americas with substantial, pragmatic material covering the negotiations. As the agreements are concluded and enter into force, the editors will keep you informed and operating at the cutting edge of the law. This set provides complete coverage of NAFTA, including: DT Commentary covering every major chapter of NAFTA DT Panel Decisions under Chapters 11, 19, and 20 DT Primary Materials including Mexican laws, implementing legislation, Federal Register notices and other important sources. The COMMENTARY volume also provides useful practical reference sources including: DT Summary of NAFTA Legislative History DT Bibliography of NAFTA Materials DT Inclusive List of NAFTA Federal Register Notices The set is invaluable for the researcher interested in U.S. international trading initiatives and activities in the Western Hemisphere. Its decisional information base provides the practitioner with accurate, and topical, records of decisions being rendered under these agreements. PLUS~! -Place a standing order for this looseleaf set and get free access to the complete complement of 122 NAFTA panel decisions in a fully word searchable, indexed database.
Book Synopsis The Trans-pacific Partnership (Tpp) Negotiations and Issues for Congress by : Congressional Research Service
Download or read book The Trans-pacific Partnership (Tpp) Negotiations and Issues for Congress written by Congressional Research Service and published by CreateSpace. This book was released on 2015-01-30 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) being negotiated among the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. U.S. negotiators and others describe and envision the TPP as a “comprehensive and high-standard” FTA that aims to liberalize trade in nearly all goods and services and include rules-based commitments beyond those currently established in the World Trade Organization (WTO). The broad outline of an agreement was announced on the sidelines of the Asia-Pacific Economic Cooperation (APEC) ministerial in November 2011, in Honolulu, HI. If concluded as envisioned, the TPP potentially could eliminate tariff and nontariff barriers to trade and investment among the parties and could serve as a template for a future trade pact among APEC members and potentially other countries. Congress has a direct interest in the negotiations, both through influencing U.S. negotiating positions with the executive branch, and by considering legislation to implement any resulting agreement. The TPP negotiations have been ongoing for nearly five years and may be concluded in the near term, although several challenging issues remain unresolved. These issues are likely the most sensitive for negotiating parties and may require political-level decisions to reach final agreement. The negotiating dynamic itself is complex. For example, decisions on key market access issues on auto, dairy, sugar, and textiles and apparel may depend on the outcome of rules negotiations involving intellectual property rights or state-owned enterprises, among other issues. Over 20 chapters are under discussion in the negotiations. The United States is negotiating market access for goods, services, and agriculture with countries with which it does not currently have FTAs: Brunei, Japan, Malaysia, New Zealand, and Vietnam. Negotiations are also being conducted regarding disciplines on intellectual property rights, trade in services, government procurement, investment, rules of origin, competition, labor, and environment, among other issues. In many cases, the rules being negotiated are intended to be more rigorous than comparable rules found in the WTO. Some topics, such as state-owned enterprises, regulatory coherence, and supply chain competitiveness, may break new ground in FTA negotiations. As the countries that make up the TPP negotiating partners include advanced industrialized, middle income, and developing economies, the TPP, if implemented, may involve restructuring and reform of the economies of some participants. It also has the potential to spur economic growth in the region. As a leading trade policy initiative of the Obama Administration, the TPP serves several strategic goals. It is a manifestation of the Administration's “rebalance” to the Asia-Pacific, and if concluded, may serve to shape the economic architecture of the region. It has the potential to harmonize existing agreements with U.S. FTA partners, attract new participants, and establish regional rules on new policy issues facing the global economy—possibly providing impetus to future multilateral liberalization under the WTO. As the negotiations proceed, a number of issues important to Congress have emerged. One is whether the United States can balance its vision of creating a “comprehensive and high standard” agreement with a large and expanding group of countries, while not insisting on terms that other countries will reject. Another issue is how Congress will consider the TPP, if concluded. The present negotiations are not being conducted under the auspices of formal trade promotion authority (TPA)—the latest TPA expired on July 1, 2007—although the Administration informally is following the procedures of the former TPA. Different views exist regarding the appropriate timing of potential TPA legislation relative to the possible conclusion of the TPP.
Book Synopsis International Trade and Finance by : Raymond J. Ahearn
Download or read book International Trade and Finance written by Raymond J. Ahearn and published by DIANE Publishing. This book was released on 2011-04 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Introduction; (2) The Role of Congress in International Trade and Finance; (3) Policy Issues for Congress: Trade Agreements and Negotiations: U.S.-South Korea Free Trade Agreement; U.S.-Colombia Free Trade Agreement; U.S.-Panama Free Trade Agreement; The WTO and WTO Doha Round; Trans-Pacific Partnership; China; Export Promotion and Financing; Export Controls and Sanctions; Import Policies: Trade Remedies; Trade Preferences; Border Security and Trade Facilitation; "Buy American"; Miscellaneous Tariff Bill; NAFTA Trucking; Trade Adjustment Assistance; International Financial Institutions; (4) Outlook. This is a print on demand edition of an important, hard-to-find publication.
Book Synopsis Trade Adjustment Assistance for Firms by : Griffin Hayward
Download or read book Trade Adjustment Assistance for Firms written by Griffin Hayward and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade liberalisation can enhance the economic welfare of all trade partners, but in adjusting to greater competition, many import- competing firms and workers face difficult problems. Since 1962, Congress has responded to these adjustment costs by authorising trade adjustment assistance (TAA) programs for workers, firms, and farmers, and continues to monitor their performance and amend the governing legislation. This book discusses the Trade Adjustment Assistance for Firms (TAAF) program, which provides technical assistance to trade- affected firms to help them develop strategies to remain competitive in a dynamic international economy. Legislation has been introduced in the 113th Congress that would reauthorise TAA programs, which are set to expire on December 31, 2013. President Obama also has supported TAA reauthorisation, linking it to renewal of Trade Promotion Authority (TPA).
