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 ?
Late last year, Starlin Moran, a manager with the Oregon Workforce Office, filed a petition with the federal government seeking help under the Trade Act of 1974 for 150 Eugene employees of Levi Strauss who had lost, or may lose, their jobs due to outsourcing work overseas.
trading partners around world, which the Office of the United States Trade Representative (USTR) conducts pursuant to Section 182 of the Trade Act of 1974, as amended by the Omnibus Trade and Competitiveness Act of 1988 and the Uruguay Round Agreements Act (19 U.
The "Special 301" Report is an annual review of the global state of IPR protection, enforcement, and market access, which USTR conducts pursuant to Section 182 of the Trade Act of 1974, as amended by the Omnibus Trade and Competitiveness Act of 1988 and the Uruguay Round Agreements Act.
This TAA certification was based on a Labor Department investigation to determine whether the layoff event met the group eligibility criteria set forth by the Trade Act of 1974.
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.
the Trade Act of 1974 to require that safeguards be applied only when
The result was the Trade Act of 1974, which offered the President a timely vote on his agreement without amendment in return for increased congressional input on and oversight of trade negotiations.
In the United States, the China safeguard is implemented under section 421 of the Trade Act of 1974, which allows U.
The request for assistance centered around Section 421 of the Trade Act of 1974, which is a trade statute that applies to imports from China that are a "substantial cause" of "serious injury" to American producers.
GSP was authorized by the Trade Act of 1974 and went into effect on January 1, 1976.