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U.S. Trade Policy: Background and Current Issues (CRS Report for Congress)

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Release Date Revised Feb. 21, 2024
Report Number IF10156
Report Type In Focus
Authors Shayerah Ilias Akhtar; Ian F. Fergusson; Brock R. Williams
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Jan. 30, 2023 (2 pages, $24.95) add
  • Premium   Revised Dec. 7, 2022 (2 pages, $24.95) add
  • Premium   Revised March 16, 2022 (3 pages, $24.95) add
  • Premium   Revised Sept. 15, 2020 (116 pages, $24.95) add
  • Premium   Revised July 22, 2019 (2 pages, $24.95) add
  • Premium   Revised Dec. 19, 2018 (2 pages, $24.95) add
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Summary:

Congress plays a major role in U.S. trade policy through its legislative and oversight authority. Since World War II, U.S. trade policy has focused on liberalizing markets by reducing trade and investment barriers, creating a rulesbased trading system, enforcing commitments under trade agreements, and supporting economic growth. Trade policy, spanning a range of stakeholder interests, involves U.S. economic, foreign policy, and national security issues.