Government Information

Earl Gregg Swem Library

U.S. International Transactions: Fourth Quarter and Year 2016

Categories: Business/Economics,Foreign Trade/Investment,Statistics

https://www.bea.gov/newsreleases/international/transactions/2017/pdf/trans416.pdf

Reports that the current account deficit increased to $481.2 billion in 2016 from $463 billion in 2015.  Exports of goods and services decreased by more than the decrease in imports of goods and services.   From the Bureau of Economic Analysis

WTO Trade Facilitation Agreement

Categories: Foreign Trade/Investment,Treaties

https://fas.org/sgp/crs/row/R44777.pdf

The newest international trade agreement which entered into force on February 22, 2017.  It aims to simplify trade procedures to reduce the costs of trade.  This report provides an overview of the TFA, its provisions, U.S. implementation, and options for Congress to consider.  From the Congressional Research Service, posted by the Federation of American Scientists

 

2017 Trade Policy Agenda and 2016 Annual Report of the President of the United States on the Trade Agreements Program

Categories: Business/Economics,Copyright/Patents,Foreign Trade/Investment,Headlines,Treaties

https://ustr.gov/sites/default/files/files/reports/2017/AnnualReport/AnnualReport2017.pdf

Outlines the Trump administration’s four trade priorities: promoting U.S. sovereignty, enforcing U.S. trade laws, expanding goods and services exports, and protecting U.S. intellectual property rights.  Cites preference for bilateral rather than multilateral treaties, and skepticism toward the value of the World Trade Organization.   Includes an annex listing trade agreements entered into by the U.S. since 1984.  From the Office of the U.S. Trade Representative

 

Gross Domestic Product: Fourth Quarter and Annual 2016

Categories: Business/Economics,Foreign Trade/Investment,Statistics

https://www.bea.gov/newsreleases/national/gdp/2017/pdf/gdp4q16_2nd.pdf

Real GDP increased 1.4% in the fourth quarter and 1.6% for 2016.  From the Bureau of Economic Analysis

 

U.S. International Trade in Goods and Services: December 2016

Categories: Foreign Trade/Investment,Govt Finance,Statistics

https://www.bea.gov/newsreleases/international/trade/2017/pdf/trad1216.pdf

Includes annual averages for 2016.  The trade deficit reached $502.3 billion, up $1.9 billion from the previous year.  The top five trading partners were China, Canada, Mexico, Japan, and Germany.  From the Bureau of Economic Analysis

 

Renegotiation of the North American Free Trade Agreement (NAFTA): What Actions Do Not Require Congressional Approval?

Categories: Canada,Foreign Trade/Investment,Mexico,Presidency,Treaties

https://fas.org/sgp/crs/misc/re-nafta.pdf

Examines the extent to which the executive branch unilaterally renegotiate the trade agreement without further action by Congress.  From the Congressional Research Service, posted by the Federation of American Scientists

 

The United States Officially Withdraws from the Trans-Pacific Partnership

Categories: Foreign Trade/Investment,Treaties

https://ustr.gov/sites/default/files/files/Press/Releases/1-30-17%20USTR%20Letter%20to%20TPP%20Depositary.pdf

Copy of letter of withdrawal and disavowal of legal obligations from signature of February 2016.  From the Office of the U.S. Trade Representative

 

Withdrawal from International Agreements: Legal Framework, the Paris Agreement, and the Iran Nuclear Agreement

Categories: Foreign Trade/Investment,Laws/Regulations,Treaties

https://fas.org/sgp/crs/row/R44761.pdf

Examines the legal questions, both domestically and internationally, raised by potential U.S. withdrawal from international agreements.  From the Congressional Research Service, posted by the Federation of American Scientists

 

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