The Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress
Abstract
U.S. trade policy is at a cross-roads as the Obama Administration and the 111th Congress face a range of policy issues and challenges. The future direction of trade policy and how the issues will be addressed are unclear at this time and the subject of sharp debate within Congress, the Administration, and the trade policy community at large. While a number of issues are related to trade policy, the fundamental question that is the subject of this debate is which trade policy, if any, will maximize the benefits of trade and boost U.S. living standards. Among the trade issues facing Congress and the Administration are pending free trade agreements (FTAs) and negotiations on new FTAs; the stalled Doha Development Agenda (DDA) multilateral trade negotiations; the possible renewal of trade promotion authority (TPA); the review and reauthorization of trade preference programs for developing countries; the enforcement of U.S. trade laws and rights under existing trade agreements; the role of export promotion in the U.S. economic recovery; and the growing link between foreign direct investment and trade and, with it, the increasing use of bilateral investment treaties (BITs) and investment provisions in trade agreements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 24, 2010
- Accession Number
- ADA521218
Entities
People
- William H. Cooper
Organizations
- Library of Congress