Trade Act of 1974

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Trade Act of 1974

Legislation in the United States that gave the president the authority to negotiate trade agreements with other countries with relatively little interference from Congress. Specifically, Congress could disapprove of a trade agreement but could not amend it. It also allowed the president to impose trade barriers unilaterally against countries found to engage in unfair trade practices. The act expired in 1994. See also: Trade Act of 2002.
References in periodicals archive ?
The partnership has infringed both the Telecommunications Act and the Fair Trade Act.
Securities trade act (u 15a WpHG) The person with duty of notification
The House has voted 365-43 to approve legislation, which would allow the president to grant permanent normal trade relations (PNTR) with Russia and Moldova by lifting the application of Title IV of the Trade Act of 1974 to those countries.
and Tim Ryan (D-Ohio) introduced the Currency Reform for Fair Trade Act of 2011 in early February.
Titled Currency Reform for Fair Trade Act of 2011, it will give US businesses the ability to petition the Commerce Department to levy duties on Chinese goods that are cheaply sold, to their detriment, in the US market.
Japanese airline All Nippon Airways Co Ltd (ANA) reported today that it has received notification of an alleged violation of the Republic of Korea's Monopoly Regulation and Fair Trade Act.
House 348-79 vote approval of the Currency Reform for Fair Trade Act (H.
The Trade Reform, Accountability, Development and Employment Act - the TRADE Act - would require the renegotiation of existing pacts and set standards for labor, environmental, consumer and other protections in new ones.
According to Tanov, cigarettes with fake excise labels have been found in all store chains, meaning the Customs should not renew their licenses per the new Tobacco Products Trade Act, effective January 1.
David Whittle and Lauren Smith, both 15, pupils at King's Manor School in Acklam, joined other young people in a debate on the abolition of the Slave Trade Act and its modern-day legacies in the House of Commons.
The work premieres at Birmingham Rep on September 8 and marks the 200th anniversary of the abolition of the Slave Trade Act.
The McGuire Fair Trade Act, passed to overcome the Supreme Court's ruling that previous fair trade acts were unconstitutional, was hailed by manufacturers as a boon to small retailers--since it forbade "cut-price" retailers from underselling them--according to a story in Retailing Daily on July 16, 1952.