Trade Act of 1974

E112703

The Trade Act of 1974 is a landmark U.S. law that reshaped American trade policy by granting the president broad negotiating authority, establishing fast-track procedures for trade agreements, and linking trade benefits to human rights and other policy objectives.

All labels observed (3)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal statute ⓘ
trade law ⓘ
affects United States non-tariff trade measures ⓘ
United States tariff schedule ⓘ
appliesTo most-favored-nation tariff treatment ⓘ
non-market economy countries ⓘ
codifiedAt 19 U.S.C. § 2101 et seq. ⓘ
containsProvision Jackson–Vanik amendment ⓘ
Section 201 safeguard measures ⓘ
Section 301 unfair trade practices authority ⓘ
escape clause procedures ⓘ
generalized system of preferences ⓘ
trade adjustment assistance ⓘ
country United States ⓘ
enables Tokyo Round of GATT negotiations ⓘ
participation in multilateral trade negotiations ⓘ
enactedBy 93rd United States Congress ⓘ
establishes consultation requirements with Congress on trade policy ⓘ
procedures for congressional oversight of trade agreements ⓘ
establishesProcedure fast-track authority ⓘ
trade promotion authority ⓘ
feature expedited congressional consideration of trade agreements ⓘ
up-or-down vote on trade agreements without amendment ⓘ
grantsAuthorityTo President of the United States ⓘ
humanRightsCondition linkage of trade benefits to emigration policies of non-market economies ⓘ
jurisdiction United States federal government ⓘ
linksPolicyArea foreign policy objectives ⓘ
human rights policy ⓘ
trade policy ⓘ
longTitle An Act to promote the development of an open, nondiscriminatory, and fair world economic system ⓘ
notableAmendment Jackson–Vanik amendment ⓘ
policyArea foreign economic policy ⓘ
international trade ⓘ
primaryPurpose to authorize the negotiation of trade agreements ⓘ
to expand international trade ⓘ
to improve the rules of international trade ⓘ
to promote economic growth and full employment ⓘ
to reform United States trade policy ⓘ
to strengthen economic relations with foreign countries ⓘ
providesFor assistance to communities adversely affected by trade ⓘ
assistance to firms adversely affected by trade ⓘ
assistance to workers adversely affected by trade ⓘ
relief for domestic industries injured by imports ⓘ
publicLawNumber Public Law 93-618 ⓘ
regulates negotiation of non-tariff barrier reductions ⓘ
negotiation of tariff reductions ⓘ
signedBy Gerald Ford ⓘ
signingDate 1975-01-03 ⓘ
status in force ⓘ

How these facts were elicited

Referenced by (15)

Full triples — surface form annotated when it differs from this entity's canonical label.

Trade Expansion Act of 1962 → successor → Trade Act of 1974 ⓘ
USTR → legalBasis → Trade Act of 1974 ⓘ
Employment and Training Administration → legalAuthority → Trade Act of 1974 (as amended, for worker programs) ⓘ
linked to: Trade Act of 1974
Uruguay Round Agreements Act → amends → Trade Act of 1974 ⓘ
Trade Adjustment Assistance for Workers program (employment and training components) → legalBasis → Trade Act of 1974, as amended ⓘ
linked to: Trade Act of 1974
Public Law 93-618 → officialName → Trade Act of 1974 ⓘ
Public Law 93-618 → shortTitle → Trade Act of 1974 ⓘ
Jackson–Vanik amendment → partOf → Trade Act of 1974 ⓘ
Public Law 103-465 → amends → Trade Act of 1974 ⓘ