As Trump Administration trade policies generate national and global repercussions, the fundamentals of trade are presented in a new report from the Congressional Research Service to help understand what is happening and what is at stake.
The report explains basic economic concepts, such as why countries trade, it provides data on U.S. trade relationships, and it describes how trade policy is formulated. See U.S. Trade Policy Primer: Frequently Asked Questions, April 2, 2018.
Other new and updated CRS reports include the following.
China-U.S. Trade Issues, updated April 2, 2018
Tricks of the Trade: Section 301 Investigation of Chinese Intellectual Property Practices Concludes (Part I), CRS Legal Sidebar, March 29, 2018
Overview of the Federal Tax System in 2018, March 29, 2018
Afghanistan: Background and U.S. Policy In Brief, updated April 3, 2018
Navy Ford (CVN-78) Class Aircraft Carrier Program: Background and Issues for Congress, updated March 30, 2018
Can Aliens in Immigration Proceedings Be Detained Indefinitely? High Court Rules on Statutory, but not Constitutional Authority, CRS Legal Sidebar, April 3, 2018
District Court Decision May Help Pave the Way for Trump Administration’s Border Wall Plans, CRS Legal Sidebar, April 2, 2018