Digital Trade in the U.S. and Global Economies, Part 2
USITC Publication 4485
Digital trade -- domestic commerce and international trade conducted via the Internet -- has far-reaching effects on the U.S. economy that have fundamentally transformed many aspects of the ways businesses operate and interact with one another, reports the U.S. International Trade Commission (USITC) in its new publication.
Completed the report at the request of the U.S. Senate Committee on Finance, the report provides information on the value of U.S. digital trade and the potential growth of this trade, and it provides insight into the broader linkages and contributions of digital trade to the U.S. economy. The report includes a survey of U.S. firms in industries particularly involved in digital trade (digitally intensive firms), examines the effects of notable barriers and impediments to digital trade, and presents case studies that examine the importance of digital trade to selected U.S. industries. Report highlights follow.
The Year in Trade 2013
USITC Publication 4481
An outstanding resource for anyone working in or covering the field of international trade, the USITC’s The Year in Trade is one of the government’s most comprehensive reports of U.S. trade-related activities, covering major multilateral, regional, and bilateral developments.
The publication reviews U.S. international trade laws and actions under these laws, activities of the World Trade Organization (WTO), and developments regarding U.S. free trade agreements (FTAs), FTA negotiations, and U.S. bilateral trade relations with major trading partners in 2013.
Earned Import Allowance Program: Evaluation of the Effectiveness of the Program for Certain Apparel from the Dominican Republic; Fifth Annual Review
Investigation No. 332-503
USITC Publication 4476
Five years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help reverse the decline in Dominican apparel exports to the U.S. market, as intended, reports the U.S. International Trade Commission (USITC) in its new publication.
The EIAP allows apparel manufacturers in the Dominican Republic who use U.S. fabric to produce certain apparel to earn a credit that can be used to ship eligible apparel made with non-U.S.-produced fabric into the United States duty free. The Dominican Republic-Central America-United States Free Trade Agreement Implementation Act, as amended, requires the USITC to evaluate annually the effectiveness of the EIAP program and make recommendations for improvements.
Recent Trends in U.S. Services Trade, 2014 Annual Report
Investigation No. 332-345
USITC Publication 4463
The United States is the world's largest services market and was the world's leading exporter and importer of services in 2012, reports the U.S. International Trade Commission (USITC) in its annual review of U.S. trade in services.
This year's report focuses on electronic services and includes chapters on three specific industries: audiovisual services, computer services, and telecommunication services.
The 2014 report covers cross-border transactions through 2012 and via affiliate sales through 2011 (latest available data).
Textile and Apparel Imports from China: Statistical Reports, Annual Compilation 2013
Investigation No. 332-501
USITC Publication 4465
The U.S. International Trade Commission (USITC) today released its annual compilation of bi-weekly reports on textile and apparel imports from China.
Requested by the U.S. House of Representatives’ Committee on Ways and Means, the report compiles data that has been posted on a bi-weekly basis on the USITC website.
The data are shown on an annual and quarterly basis, by category and by Harmonized Tariff Schedule (HTS) 10-digit subheadings.
By category, annual data are provided from 2007 through 2013, and quarterly data are provided from first quarter 2012 through fourth quarter 2013. By HTS10 subheading, annual data are provided from 2011 through 2013, and quarterly data are provided from first quarter 2012 through fourth quarter 2013.
AGOA: Trade and Investment Performance Overview
Investigation No. 332-542
USITC Publication 4461
Benefits under the African Growth and Opportunity Act (AGOA) resulted in increased U.S. imports of automobiles, refined petroleum products, and apparel from AGOA countries during 2001-2013, reports the U.S. International Trade Commission (USITC) in its most recent publication.
Produced at the request of the U.S. Trade Representative, the report describes, reviews, and analyzes the trade and investment performance of beneficiary countries under the AGOA from 2000 to 2013. The report also identifies products that have the potential to be exported to the United States under AGOA or to be integrated into regional and global supply chains. The report also examines changes in the business and investment climate in sub-Saharan Africa (SSA) and lists reciprocal trade agreements involving SSA countries.
The USITC reported:
The majority of U.S. imports from AGOA countries enter under the AGOA program. Such imports accounted for about 70 percent of all imports from AGOA countries during 2008-13. On average, crude petroleum accounted for almost 90 percent of these imports throughout the period. Excluding crude petroleum, U.S. imports under the AGOA are concentrated in three sectors - transportation equipment (primarily passenger motor vehicles from South Africa), refined petroleum products, and apparel. These products accounted for 89 percent of U.S. non-crude petroleum imports under AGOA in 2013.