V. Concessions Granted in the Reciprocal Trade Agreements on Imports into the United States

1941 ◽  
pp. 66-74
Keyword(s):  
United States ◽  
Trade Agreements ◽  
The United States

Preferential Trade Agreements as Stumbling Blocks for Multilateral Trade Liberalization: Evidence for the United States

2006 ◽  
Vol 96 (3) ◽  
pp. 896-914 ◽  
Author(s):  
Nuno Limão
Keyword(s):  
United States ◽  
Trade Liberalization ◽  
Trade Agreements ◽  
The United States ◽  
Preferential Trade Agreements ◽  
Detailed Data ◽  
Preferential Trade ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization ◽  
Tariff Reductions

Most countries are members of preferential trade agreements (PTAs). The effect of these agreements has attracted much interest and raised the question of whether PTAs promote or slow multilateral trade liberalization, i.e., whether they are a “building block” or “stumbling block” to multilateral liberalization. Despite this long-standing concern with PTAs and the lack of theoretical consensus, there is no systematic evidence on whether they are actually a stumbling block to multilateral liberalization. We use detailed data on U.S. multilateral tariffs to provide the first systematic evidence that the direct effect of PTAs was to generate a stumbling block to its MTL. We also provide evidence of reciprocity in multilateral tariff reductions.

Energy reform will hit investor confidence in Mexico

2021 ◽  
Keyword(s):  
United States ◽  
International Trade ◽  
Trade Agreements ◽  
The United States ◽  
Energy Prices ◽  
Content Type ◽  
Investor Confidence ◽  
International Trade Agreements ◽  
The Government ◽  
Energy Reform

Significance The government will appeal the rulings, which follow action by renewables firms. With constitutional battles over energy investments already unfolding, the future of Mexico’s energy framework has been thrown into turmoil. Impacts Increasing energy prices will probably push inflation above Banxico’s upper target limit of 4%. AMLO’s apparent disregard for international trade agreements will strain relations with the United States. AMLO’s pro-austerity fiscal stance could take a toll on his popularity.

Deforestation and the United States–Peru Trade Promotion Agreement

2019 ◽  
Vol 19 (1) ◽  
pp. 53-76 ◽  
Author(s):  
Clint Peinhardt ◽  
Alisha A. Kim ◽  
Viveca Pavon-Harr
Keyword(s):  
United States ◽  
Satellite Imagery ◽  
Market Access ◽  
Trade Agreements ◽  
The United States ◽  
Forest Sector ◽  
Illegal Logging ◽  
Multiple Methods ◽  
Border Regions ◽  
Trade Promotion

Do environmental provisions in trade agreements make a difference? In part to coopt environmental criticisms, the United States has included environmental components to trade agreements since NAFTA side agreements in the mid-1990s. Environmental components are increasingly more integrated and more specific, as illustrated by the 2009 United States–Peru Trade Promotion Agreement (PTPA). In exchange for increased market access to the United States, the Peruvian government agreed to reduce illegal logging and improve forest sector governance. Recent qualitative assessments of deforestation highlight difficulties in implementing the specific requirements of the PTPA’s Annex on Forest Sector Governance, but tests with Peruvian data on logging appear unreliable. We circumvent this difficulty by using satellite imagery of deforestation across Peruvian border regions and by engaging multiple methods to estimate the PTPA’s impact. All results suggest that deforestation has actually increased since the PTPA entered force, although no more than in other Amazonian countries. We conclude by emphasizing the limits of external imposition of environmental rules, which appear prone to failure unless domestic interests mobilize in their support.

Exceeding the Limits of Territorial Bounds: The Helms-Burton Act

1997 ◽  
Vol 34 ◽  
pp. 161-213
Author(s):  
H. Scott Fairley
Keyword(s):  
United States ◽  
International Law ◽  
International Institutions ◽  
Dispute Settlement ◽  
Trade Agreements ◽  
The United States ◽  
International Trade Agreements ◽  
Title Iv ◽  
Trading Partners ◽  
Title Iii

SummaryThe author argues that the Helms-Burton Act violates general principles of international law. The analysis begins with a brief discussion of the extraterritorial purposes, structure, and operation of the act, followed by a survey of international responses to Helms-Burton by the principal trading partners of the United States: diplomatic protest, formalized dispute settlement under international trade agreements, retaliatory blocking leghlation, and multi-hteral scrutiny in and by international institutions. The author then turns to principles of jurisdiction with a view to demonstrating that Helms-Burton does not meet the applicable thresholds to support either the private right to sue for trafficking in confiscated property under Title III of the act or the governmental exclusion of designated aliens from admission to the United States under Title IV. In this regard, substantive international law arguments in relation to extraterritoriality and nationality, remoteness, the effects doctrine, human rights, and the reasonable expectations of other nations are also considered.

Taiwan and the United States Free and Open Indo-Pacific Strategy

2019 ◽  
Vol 113 ◽  
pp. 383-387
Author(s):  
Julian Ku
Keyword(s):  
United States ◽  
Trade Agreements ◽  
The United States ◽  
The U.S

I want to begin by spending a little time articulating how I understand the U.S. government's new “free and open Indo-Pacific” (FOIP) policy, which encompasses more than the trade agreements Inu discussed in her remarks. Then, I want to take a look at how this new U.S. strategy and approach would apply to one important key player in the region: Taiwan.

Stocktaking and Glimpsing at Trade Law's Next Generation

2017 ◽  
Vol 111 ◽  
pp. 92-95
Author(s):  
Kathleen Claussen
Keyword(s):  
United States ◽  
Free Trade ◽  
Bilateral Trade ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
The United States ◽  
Asia Pacific ◽  
The European Union ◽  
Trade Law

These remarks are derived from a forthcoming work considering the future of international trade law. Compared with most features of the international legal system, the regional and bilateral trade law system is in the early stages of its evolution. For example, the United States is a party to fourteen free trade agreements currently in force, all but two of which have entered into force since 2000. The recent proliferation of agreements, particularly bilateral and regional agreements, is not unique to the United States. The European Union recently concluded trade agreement negotiations with Canada, Singapore, and Vietnam to add to its twenty-seven agreements in force and is negotiating approximately ten additional bilateral or multilateral agreements. In the Asia-Pacific Region, the number of regional and bilateral free trade agreements has grown exponentially since the conclusion of the Association of Southeast Asian Nations (ASEAN) Free Trade Area of 1992. At that time, the region counted five such agreements in force. Today, the number totals 140 with another seventy-nine under negotiation or awaiting entry into force. The People's Republic of China is negotiating half a dozen bilateral trade agreements at present to top off the sixteen already in effect. India likewise is engaged in at least ten trade agreement negotiations. The World Trade Organization (WTO) reports 267 agreements of this sort in force among its members as of July 1, 2016.

US TPP implementation faces major hurdles in Congress

2015 ◽  
Keyword(s):  
United States ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The United States ◽  
Asia Pacific ◽  
South East Asia ◽  
Content Type ◽  
White House ◽  
Us Government ◽  
Key Industry

Significance The Obama administration faces an uphill fight in Congress to secure enough votes for TPP ratification, given Democratic suspicions of free trade agreements, Republican animus for the White House and the frustrations of key industry groups in the United States. The United States can in effect veto the TPP's international implementation, while the White House's 'Asia pivot' policy relies partly on firmer trade ties with East and South-east Asia. Impacts The battle over TPP will likely divert political capital and US government resources from the TTIP negotiations. China may benefit diplomatically in the Asia-Pacific if the United States blocks TPP from coming into force. The trade debate may spill over to greater US legislative attention on currency manipulation issues ahead of 2017.

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