Caribbean Basin Economic Recovery Act: Impact on U.S. Industries and Consumers and on Beneficiary Countries, Twenty-first Report, 2011–12
Investigation No. 332-227
USITC Publication 4428
The overall effect of the Caribbean Basin Economic Recovery Act (CBERA) on the U.S. economy continues to be negligible, while the effect on U.S. consumers and beneficiary countries is small but positive, reports the U.S. International Trade Commission (USITC) in its most recent report monitoring imports under the program.
The USITC, an independent, nonpartisan, factfinding federal agency, recently issued its 20th report in a series monitoring imports under the CBERA. The CBERA program, operative since January 1, 1984, affords preferential tariff treatment to most products of the 16 designated Caribbean and South American countries that received CBERA benefits during the period covered in the report. A seventeenth country, Panama, was a CBERA member until October 2012, when the US-Panama FTA went into effect.
Renewable Energy and Related Services: Recent Developments
USITC Publication 4421
Investigation No. 332-534
Global demand for renewable energy services (consulting, engineering, construction, equipment maintenance and repair, etc.) has grown rapidly in the past five years as countries have worked to meet rising energy needs, reduce carbon output, and strengthen energy security, reports the U.S. International Trade Commission in its most recent publication.
Produced at the request of the U.S. Trade Representative, the report estimates the U.S. and global markets for, and discusses barriers to, trade and investment in services that are essential to the development, generation, and distribution of renewable energy.
The USITC found:
- Though few trade barriers apply specifically to the provision of renewable energy services, local content requirements applied to renewable energy equipment in many countries act as significant barriers to trade in related services, the agency found.
Olive Oil: Conditions of Competition between U.S. and Major Foreign Supplier Industries
USITC Publication 4419
Investigation No. 332-537
U.S. olive oil production has risen quickly in recent years in response to higher global demand, but recent investment has slowed, in part because of concern among U.S. producers that their competitive position in the U.S. market is threatened by a lack of regulatory oversight, reports the U.S. International Trade Commission (USITC) in its new publication.
Prepared for the U.S. House of Representatives Committee on Ways and Means, the report provides information on production, consumption, and trade, with an overview of the international market for olive oil; overviews of the commercial olive oil industries in the United States and other major supplying countries; analysis of the factors that affect the competitiveness of the major olive oil-producing countries; and an assessment of the role of imports and other factors, such as standards and pricing, on consumption in the United States.
Digital Trade in the U.S. and Global Economies, Part 1
USITC Publication 4415
Investigation No. 332-531
Editor’s note: On September 3, 2013 the report was amended to include a technical correction to the first sentence of the “Royalties and License Fees” section on page 4-7.
Digital trade -- products and services delivered via the Internet -- makes up a growing segment of the U.S. economy and is increasing globally as well, reports the U.S. International Trade Commission (USITC) in its new publication.
Completed at the request of the U.S. Senate Committee on Finance, the report provides information on the role of digital trade in both U.S. domestic commerce and international trade.
It describes notable barriers and impediments to digital trade and outlines potential approaches for further assessing the role of digital trade in the economy. The report is the first of two requested by the Committee. The Commission’s findings include ...