1 / 12

U.S Trade Policy

Group Members: Simey Chan Thanh Pham Matthew Bradley Yesenia Lopez. U.S Trade Policy. “Dumping” is one of the trade problems in which company flood market such in developing countries produce goods priced far below what they would cost.

marius
Download Presentation

U.S Trade Policy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Group Members: Simey Chan Thanh Pham Matthew Bradley Yesenia Lopez U.S Trade Policy

  2. “Dumping” is one of the trade problems in which company flood market such in developing countries produce goods priced far below what they would cost. “dumping” disadvantages producers who are not subsidized (being funded to start producing products) Producers lose business to the dumpers, who sell below market value. This problem needs to be dealt with the most because it affects the world trading countries in which can hurt U.S economy as well as other countries that U.S trades with. The Problem of U.S Trade Policy

  3. U.S Trade in Merchandise in Billions of Dollars • Within the last 6 years, imports caused the U.S almost 1700 billion dollars while exports were closely to 900 billion dollars in the year of 2005. • In September 2000, the U.S filed many complaints with the World Trade Organization (WTO) against China’s trade policies, which it believes hurt U.S exports to China. • The U.S tariffs on manufactured goods average 4%, while the rest of the world average 40%.

  4. Current Policy • Establish good trade relations with other countries. • Provide foreign aids to the developing countries. • Maintain positive relation with allies.

  5. Develops and coordinates U.S international Trade Policy. Work to expand market access for U.S goods and services. Work to uphold trades agreement. Host a conference among other trading countries in the WTO. Propose free and fair trade agreement. How Government Should Be Involved

  6. Through soft power tools such as • Treaties: Have multilateral agreement. • Trade Relations: Assure other countries will be granted all trade advantages as low or even free trade. • Foreign Aid: Propose free trade policy in order to help poor countries out of poverty and compete in the markets. Alternative to Address the Problem

  7. Free and Fair Trade Agreement The Advantages: The Disadvantages • Increase U.S sale profits • Create U.S middle class jobs • Free trade create U.S middle class jobs • Greater productivity and growth in the U.S economy • Free and fair trade means providing fair wages for workers around the world. • Decline US exports in agricultural and manufactured • American company will face steeper competition around the world • American company will face steeper competition around the world

  8. Gains trading partners that share economic interests. • Government can reduce tariffs on all imported goods. • Fair and free trade benefit the poor in the developing country. • American consumers would have access to a greater number of goods from around the world. • Promote greater investment in research development and job training in new industries and enhancing productivity and growth. • Create a fair trading system. • Trading that will not only profit the United States but also to all trading partners. Why Free &Fair Trades is the best Foreign POLICY?

  9. The president has to be involved because he is the head of a foreign policy bureaucracy and congress carry out the conferences on foreign policy issue. Congress has to approve the agreement. The Bureaucracy

  10. Provides cooperation overseas and higher wages to the workers. • The U.S. is one of the most economically dominant countries in the world we have the responsibility to look out for those falling through the cracks of international trade system we have helped create. • Fair trade will most benefit poor people in the world which will greatly reduce the amount of money the U.S. devotes to foreign aid. Supports the Policy

  11. It promotes the rise in the economy that collapsed after the cold war in 1991. It provides fair prices for good and fair wages for workers around the world. It provides opportunity for developing business to compete in the market. Improve the economy. Free and Fair Trade Policy is Shaped by Human Rights

  12. The groups that need to be influenced are the middle class. Lower class, citizen who has lost their jobs, and upper classmen • The action plan that set out this policy in motion is relying on the funding from Congress. Cooperate with other traders to obtain goods • NGO organizations that support trade policy are: ~ The Department of Agriculture- They provides $114 billion to American famers. ~ Organization of Petroleum Exporting Countries (OPEC): 12 oil-producing countries joined together to create a stable market for oil at a reasonable price for the members. The Policy Action Plan

More Related