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Topic: Trade Expansion Act


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In the News (Sun 20 Dec 09)

  
  Trade Act of 1979 (S.1376- H.R.4537)
This Act granted further powers to the presidency to negotiate and reduce tariffs and allowed for the government to enter into agreements for the reduction and elimina- tion of non-tariff barriers, provided implementing legislation was approved by both houses of Congress.
As mentioned previously, this section follows the trend set in former Trade Acts of this country and strengthens the office of the presidency with regard to determining retaliatory measures to be used against countries which, in the executive branch's opinion, are violating the agreements.
The basic conclusions of advocates of the 1979 Trade Act are that the general philosphy and thrust of the purpose of the negotiations as stated in the general overview on each section of the bill were achieved.
www.heritage.org /Research/TradeandForeignAid/IB46.cfm   (7266 words)

  
 Executive Order 11075
The authority to certify, conferred upon the President by the provisions of Section 302(c) of the Act, to the extent that such authority is in respect of firms, is hereby delegated to the Secretary of Commerce.
There are hereby delegated to the Secretary of Labor the authority to certify, conferred upon the President by the provisions of Section 302(c) of the Act, to the extent that such authority is in respect of groups of workers, and the authority conferred upon the President by the provisions of Section 302(e) of the Act.
Assignments of personnel from agencies, in connection with the foregoing, and assignments of duties to them, shall be made with the consent of the respective heads of agencies concerned.
www.lib.umich.edu /govdocs/jfkeo/eo/11075.htm   (1196 words)

  
 US CODE: Title 19,1351. Foreign trade agreements
Act Sept. 26, 1949, struck out obsolete language referring to the depression which existed at the time of the original enactment of section.
Act July 5, 1945, struck out “payable” after “That the duties”, and substituted “however established, existing on January 1, 1945 (even though temporarily suspended by Act of Congress).” for “now payable thereon” in proviso.
“(d) The Act of December 17, 1903 (19 U.S.C.), and section 316 of the Tariff Act of 1930, as amended (19 U.S.C.), both relating to the implementation of the treaty with Cuba concluded on December 11, 1902, shall not apply during the period during which subsection (a) applies.”
www.law.cornell.edu /uscode/html/uscode19/usc_sec_19_00001351----000-notes.html   (1230 words)

  
 reciprocal trade agreement - HighBeam Encyclopedia
The use of the most-favored-nation clause after 1922 resulted in a widespread exchange of tariff concessions; it was followed by the Trade Agreements Act (1934).
The Trade Expansion Act (1962) provided for negotiations, under GATT auspices, to expand reciprocal trade agreements, especially with the European Economic Community, or Common Market (now part of the European Union).
The act resulted in the Kennedy Round (1964-67) and the Tokyo Round (1974-79) of GATT talks, which produced reciprocal tariff reductions, mainly between the United States and W Europe, and new rules on customs and duties.
www.encyclopedia.com /doc/1E1-reciproc.html   (533 words)

  
 International Economics Glossary: T
Trade that occurs between members of a preferential trading arrangement that replaces what would have been production in the importing country were it not for the PTA.
In a diagram measuring quantites of exports and imports, a curve representing amounts of trade among which a freely trading country is indifferent, based on its community indifference curves and its transformation curve.
Refers to the budget deficit and trade deficit of a country (in spite of the fact that, although they are related, they are far from being the same).
www-personal.umich.edu /~alandear/glossary/t.html   (3707 words)

  
 Commanding Heights : United States Trade Policy | on PBS
The approach to trade is liberal; reciprocity with Canada is agreed upon in 1910, but suspended in 1911 due to Canadian politics.
1946-1955: The modern trade system is born in 1947 with the General Agreement on Tariffs and Trade (GATT), which the U.S. joins and supports from the outset.
The 1978 Trade Act continues the pattern of increasing the president's power to negotiate trade agreements.
www.pbs.org /wgbh/commandingheights/lo/countries/us/us_trade.html   (749 words)

  
 Democratic Policy Committee
The TAA program was created by the Trade Expansion Act of 1962 and expanded through the Trade Act of 1974, which established that workers were eligible for weekly cash assistance, or "trade readjustment allowances" (TRAs), if import competition had "contributed importantly" to their job loss.
The second procedure for implementing trade agreements authorizes the President to enter into a trade agreement with a foreign country or countries (unlike prior fast track legislation, no distinction would be made between bilateral and multilateral agreements) and submit the agreement to Congress under "fast track" procedures.
Division B would permit the Advisory Committee on Trade Policy and Negotiations (ACTPN) and the sectoral and functional advisory committees, established under the Trade Act of 1974, to submit their reports to the President, Congress, and the USTR, within 30 days after the President notifies his intent to enter into an agreement.
democrats.senate.gov /~dpc/pubs/107-2-144.html   (7276 words)

  
 US CODE: Title 19,1351. Foreign trade agreements
(A) To enter into foreign trade agreements with foreign governments or instrumentalities thereof: Provided, That the enactment of the Trade Agreements Extension Act of 1955 shall not be construed to determine or indicate the approval or disapproval by the Congress of the executive agreement known as the General Agreement on Tariffs and Trade.
The standards of valuation contained in section 1401a of this title (as in effect, with respect to the article concerned, during the representative period) shall be utilized by the President, to the maximum extent he finds such utilization practicable, in making the determinations under the preceding sentence.
It is declared to be the sense of the Congress that the President, during the course of negotiating any foreign trade agreement under this section, should seek information and advice with respect to such agreement from representatives of industry, agriculture, and labor.
www.law.cornell.edu /uscode/19/1351.html   (1167 words)

  
 [No title]
In addition, the President may establish by regulation such procedures and committees as he may determine to be necessary to enable the organization to provide for the conduct of hearings pursuant to section 2412(b)(2) of this title, and for the carrying out of other functions assigned to the organization pursuant to this section.
The Trade Agreements Extension Act of 1951, referred to in text, is act June 16, 1951, ch.
The Act entitled "An Act to amend the Tariff Act of 1930", approved June 12, 1934, referred to in text, is act June 12, 1934, ch.
uscode.house.gov /download/pls/19C7.txt   (8096 words)

  
 Finding Aid to the White House Files of Christian A. Herter   (Site not responding. Last check: 2007-09-07)
With the passage of the Trade Expansion Act in 1962, Mr.
The papers were generated during the time that Governor Herter's office was created and preparing for and carrying out the trade negotiations which the Trade Expansion Act of 1962 had envisaged.
The five year period of intensive national and international negotiations was initiated by a Congressional granting of negotiating power to the President from 1962 to June 30, 1967, in the passage of the Trade Expansion Act of 1962.
www.cs.umb.edu /~rwhealan/jfk/fa_herter_wh.html   (1989 words)

  
 HR 3009 Andean Trade Preference Expansion Act sent on 05/08/2002   (Site not responding. Last check: 2007-09-07)
Renewal and expansion of the Andean trade preference program are high priorities for the Administration, as the proposed ATPA represents a critical intersection of our trade and anti-narcotics policies.
While increased trade will generate significant benefits for American workers, the Administration believes that solid TAA programs are vital for responding to the adjustment challenges that trade can create.
The expansions in the Daschle Substitute severely distort the primary purpose of the programs and hinder the ability of workers legitimately affected by trade to receive the assistance they need.
www.whitehouse.gov /omb/legislative/sap/107-2/HR3009-s.html   (1509 words)

  
 NAFTA
The United States shall amend section 516A of the Tariff Act of 1930 to provide that judicial review of antidumping or countervailing duty cases regarding Mexican, as well as Canadian, merchandise shall not be commenced in the Court of International Trade if binational panel review is requested; 9.
The United States shall amend section 516A(g) of the Tariff Act of 1930 to provide that the competent investigating authority shall, within the period specified by any panel formed to review a final determination regarding Mexican or Canadian merchandise, take action not inconsistent with the decision of the panel or committee; 12.
The United States shall amend section 777 of the Tariff Act of 1930 to provide for the disclosure to authorized persons under protective order of proprietary information in the administrative record if binational panel review of a final determination regarding Mexican or Canadian merchandise is requested; and 13.
www.itcilo.it /english/actrav/telearn/global/ilo/blokit/nafta21.htm   (4508 words)

  
 Committee on Ways and Means, Subcommittee on Trade, Action Advisory
BACKGROUND ON H.R. Section 251 of the Trade Expansion Act of 1962 states the principle of "most-favored-nation" (MFN) or non-discriminatory treatment, requiring tariff treatment to be applied to all countries equally.
At present, Vietnam's trade status is subject to the Jackson-Vanik amendment to Title IV of the Trade Act of 1974.
The renewal procedure under the Trade Act requires the President to submit to Congress a recommendation for a 12-month extension no later than 30 days prior to the waiver's expiration (i.e., by not later than June 3).
waysandmeans.house.gov /Legacy/trade/105cong/tr-5act.htm   (847 words)

  
 Economists Incorporated
Evaluation of a trade problem or the conduct of a major trade case may be required.
EI economists have also worked on responses to petitions to restrict imports under Section 232 of the Trade Expansion Act of 1962 and have provided public benefit analysis and testimony for foreign trade zone applicants and operators.
EI economists have published articles on trade issues, including the protection of intellectual property rights, the relationship between U.S. competitiveness and the trade deficit, the effects of tax changes on trade, and the implications of trade law revisions.
www.ei.com /intltrade.html   (487 words)

  
 SICE - WTO - USA - SECTIONS 301-310 OF THE TRADE ACT OF 1974 /B
This statute was replaced and expanded by Title III of the Trade Act of 1974, which granted similar powers to the President in its Section 301.
Title III of the Trade Act of 1974, as amended, entitled "Relief from unfair trade practices", comprises Sections 301-310 which set out in detail how the administration is to enforce the United States rights under trade agreements and respond to certain foreign trade practices.
The European Communities notes that an alternative route with the agreement of the parties to the dispute would be to follow the procedures under Article 25 of the DSU before an authorization to suspend concessions is sought.
www.sice.oas.org /dispute/wto/tract02e.asp   (4558 words)

  
 Outline of Presentation to Pacific Northwest International Trade Association
But the promise of freer trade for America's workers was that it would fuel economic growth, create more jobs and generate more wealth…that all workers would share in that wealth…even if some would be displaced and have to be retrained for other jobs.
After the Trade Expansion Act was passed in 1962, there began a steady decline in the balance of trade -- from trade surplus to trade deficit.
Remember, when we started down this path, the goals of freer trade were to foster economic growth…to generate more wealth and a fair share of that wealth for the workers who produce it… who would participate equally in a growing economy with the opportunity for better jobs and better pay.
www.oraflcio.org /TH2b.htm   (3036 words)

  
 Sens. Graham, DeWine Endorse Andean Trade Preference Expansion Act
The senators explained that the original Andean Trade Preference Act (ATPA), which extends trade benefits to Bolivia, Colombia, Ecuador and Peru, is set to expire in December 2001.
The original Andean Trade Preference Act, which extends trade benefits to Bolivia, Colombia, Ecuador and Peru, is set to expire in December.
Although the bill provides benefits to all ATPA beneficiaries, it is particularly critical to Colombia, which in 1998 exported 59 percent of all textiles and apparel from the Andean region to the U.S., two-thirds of which were assembled and/or cut from U.S. yarns and fabric.
www.usembassy.it /file2001_03/alia/a1031303.htm   (1108 words)

  
 USTR - History of the United States Trade Representative
The Trade Expansion Act of 1962 required the President to appoint a Special Representative for Trade Negotiations and established an interagency trade organization to make recommendations to the President on policy issues arising from trade agreements.
The new Special Trade Representative was to serve as the chief representative for trade negotiations authorized under the Act and other trade negotiations authorized by the President.
Section 141 of the Trade Act of 1974 provided a legislative charter for STR as part of the Executive Office of the President and made it responsible for the trade agreements programs under the Tariff Act of 1930, the Trade Expansion Act of 1962, and the Trade Act of 1974.
www.ustr.gov /Who_We_Are/History_of_the_United_States_Trade_Representative.html   (996 words)

  
 Trade (within the Directorate for Trade and Agriculture) :Department   (Site not responding. Last check: 2007-09-07)
The key objective of OECD work on trade is to support a strong, rules-based multilateral trading system that will maintain the momentum for further trade liberalisation, while contributing to rising standards of living and sustainable development.
This study seeks to identify regulatory processes, tools and policies adopted by OECD countries in order to assess the effects of domestic regulation on trade and investment and to ensure that the regulatory environment is supportive of an open market and improves trade and investment opportunities.
This Policy Dialogue between OECD and non-OECD countries on Aid for Trade brought together a wide range of stakeholders from developing and developed countries to share experiences and information on how best to support developing countries' trade expansion and make it an engine of economic growth and poverty reduction.
www.oecd.org /ech/act/comp.htm   (1495 words)

  
 U.S. Trade and Investment Policy Making Process | Environment and Trade | International Affairs | USEPA
Overall, EPA’s trade and environment policy organization is designed to create a flexible and collaborative mechanism so that EPA can participate fully and effectively in the development and implementation of U.S. trade and environment policy.
The principal mechanism for developing and coordinating U.S. government positions on international trade and investment is a committee structure established through the Trade Expansion Act of 1962.
The Trade Policy Staff Committee (TPSC) is responsible for developing interagency consensus on trade policy matters and relies on nearly 60 subcommittees responsible for work in specialized areas.
www.epa.gov /international/trade/uspolicy.html   (421 words)

  
 Free Trade: United States
In the current state of international affairs with one superpower ready to use all its political, economic and miltary might to get what it wants, talk of "free trade" is deeply misleading and disingenuous.
A major objective of the WTO, NAFTA, and the proposed FTAA is to extend the enforcement of patents, copyrights, and other “intellectual property rights” beyond the borders of the wealthy countries where they are owned.
Trade between individuals, between states, between nations is beneficial, and far from reducing the living standards of the participants, greatly improves them.
www.lycos.com /info/free-trade--united-states.html   (546 words)

  
 ANDEAN TRADE PREFERENCE EXPANSION ACT--Continued   (Site not responding. Last check: 2007-09-07)
In the past, when free trade and fair trade have been treated as mutually exclusive, import-sensitive industries in Maine and America were decimated by foreign competitors.
And two other Maine industries--the import-sensitive salmon acquaculture industry that was the target of dumping by Chile, and the rubber footwear industry that's been severely impact by past trade agreements--stand to benefit from commitments I've received from the administration to stand firm on antidumping laws and to negotiate aggressively on their behalf in future agreements.
The adoption of this comprehensive package will ensure that trade agreements will be pursued in a fair and balanced manner to the benefit of all Americans while also recognizing the need for expanded assistance for those who lose their jobs due to trade, and I urge its adoption.
www.washingtonwatchdog.org /documents/cr/02/my/23/cr23my02-76.html   (3654 words)

  
 US CODE--TITLE 5--APPENDIX
The Trade Representative shall serve as the principal advisor to the President on international trade policy and shall advise the President on the impact of other policies of the United States Government on international trade.
The Trade Representative and the Secretary shall serve, ex officio and without vote, as additional members of the Board of Directors of the Export-Import Bank of the United States.
The East-West Foreign Trade Board established under section 411 of the Trade Act of 1974 (19 U.S.C. 2441) is abolished.
www.access.gpo.gov /uscode/title5a/5a_4_106_1_.html   (1347 words)

  
 JFK LINK - jfk449_62
This act recognizes, fully and completely, that we cannot protect our economy by stagnating behind tariff walls, but that the best protection possible is a mutual lowering of tariff barriers among friendly nations so that all may benefit from a free flow of goods.
By means of agreements authorized by the act, we can move forward to partnership with the nations of the Atlantic Community.
This act is, therefore, an important new weapon to advance the cause of freedom.
www.jfklink.com /speeches/jfk/publicpapers/1962/jfk449_62.html   (453 words)

  
 Federal Register - Executive Orders
The members of such subcommittee shall be the Trade Representative (Chair), the Secretary of State, the Secretary of the Treasury, the Secretary of Agriculture, the Secretary of Commerce, and the Secretary of Labor.
(b) The functions of the President under sections 2(b) and 303 of the Trade Agreements Act of 1979 (19 U.S.C. 2503(b) and 2513) and section 701(b) of the Tariff Act of 1930 (19 U.S.C. 167(b)) are delegated to the Trade Representative, who shall exercise such authority with the advice of the Trade Policy Committee.
(h) The last paragraph of the Presidential Determination Regarding the Acceptance and Application of Certain International Trade Agreements (dated December 14, 1979) (44 FR 74781, at 74784; December 18, 1979), delegating functions under section 2(b) of the Trade Agreements Act of 1979 and section 701(b) of the Tariff Act of 1930, is revoked.
www.archives.gov /federal-register/codification/executive-order/12188.html?template=print   (1014 words)

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