{"product_id":"2940149019892","title":"United States Employment Impact Reviewof the U.S.-Chile Free Trade Agreement","description":"This employment impact review was preparedpursuant to section 2102(c)(5) of the Trade \u003cbr\u003eAct of 2002 which requires the President to review and report to the Congress on the \u003cbr\u003eimpact of future trade agreements on U.S. employment, including labor markets. This\u003cbr\u003ereview presents an overview of the employmentimpact review process, the background \u003cbr\u003eand contents of the U.S-Chile Free Trade Agreement (FTA), and assessments of the \u003cbr\u003epotential economic andemployment effects ofthe FTA. In addition, the review \u003cbr\u003econsiders four selected issuesrelated to the FTA that are relevant to employment and \u003cbr\u003elabor markets in the United States: the laborprovisions of the FTA; the investment \u003cbr\u003eprovisions in the FTA; the temporary entry provisions for business persons in the FTA; \u003cbr\u003eand trade adjustment assistance (TAA) and other federal programsto assist U.S. workers \u003cbr\u003ethat may be displaced by international trade. The Trade Act of 2002 not only included \u003cbr\u003ethe Trade Promotion Authority (TPA) but also renewed the TAA programand greatly \u003cbr\u003eexpanded and enhanced the coverage,benefits, and services available to workers certified \u003cbr\u003eunder the program. \u003cbr\u003eThe major finding of this review is, given the current volume, composition, and structure \u003cbr\u003eofbilateral trade between Chile and the United States, the U.S.-Chile FTA is not \u003cbr\u003eexpected to have any significant effects on employment in the United States.   The \u003cbr\u003eabsence of any significant adverse domestic employment effects fromthe FTA is \u003cbr\u003eattributable to, amongother factors,the gradual removal over a 12-year period of the \u003cbr\u003eremaining U.S. tariffson imports fromChile and safeguards for increases in imports if\u003cbr\u003ethey cause serious injuryto a domestic industry. \u003cbr\u003eAs Chile’s markets becomemore open to U.S. goods and services with the introduction \u003cbr\u003eof the U.S.-Chile FTA, and U.S. goods becomemore competitive in the Chilean market,\u003cbr\u003eit is expected that U.S. exports to Chile will increase. This especially ought to be the case \u003cbr\u003efor the current leading U.S. exports to Chile such as aircraft, construction and engineering \u003cbr\u003eequipment, motor vehicles, computers, chemical and plastic products,and \u003cbr\u003etelecommunications equipment. New U.S. export opportunities mayalso arise in the \u003cbr\u003eareas of agriculture,manufacturing,and services as the access of U.S.exports to the \u003cbr\u003erelatively small Chileanmarket improves. U.S. imports from Chile are also expectedto \u003cbr\u003eincrease as the result of the FTA, especially in products such as fruits, copper, fish, \u003cbr\u003eprecious metals, and wine.","brand":"ReadCycle","offers":[{"title":"Default Title","offer_id":47072822165744,"sku":"2940149019892","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940149019892_p0.jpg?v=1763711133","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940149019892","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}