Trade Expansion Act of 1962

E22068

The Trade Expansion Act of 1962 is a U.S. federal law that significantly broadened presidential authority to negotiate international trade agreements and reduce tariffs, laying groundwork for modern American trade policy institutions.

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AI-generated illustration of Trade Expansion Act of 1962

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Trade Expansion Act of 1962 (The Trade Expansion Act of 1962 is a U.S. federal law that significantly broadened presidential authority to negotiate international trade agreements and reduce tariffs, laying groundwork for modern American trade policy institutions.)

All labels observed (4)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf United States federal statute ⓘ
statutory provision ⓘ
trade law ⓘ
aimedAt expanding exports of the United States ⓘ
reducing trade barriers ⓘ
strengthening the Atlantic Community ⓘ
authorizes President of the United States ⓘ
negotiation of reciprocal trade agreements ⓘ
reduction of tariffs ⓘ
authorizesAction adjustment of imports that threaten to impair national security ⓘ
branchOfGovernmentAffected executive branch ⓘ
codifiedIn Title 19 of the United States Code ⓘ
containsProvision Section 232 of the Trade Expansion Act of 1962 ⓘ
country United States ⓘ
dateSigned 1962-10-11 ⓘ
effect significantly broadened presidential authority over trade negotiations ⓘ
enabled United States participation in the Kennedy Round of GATT ⓘ
enactedBy 87th United States Congress ⓘ
grantsPowerTo President of the United States ⓘ
historicalContext Cold War ⓘ
postwar trade liberalization ⓘ
includesProgram trade adjustment assistance ⓘ
influenced creation and evolution of trade adjustment assistance programs ⓘ
modern United States trade policy framework ⓘ
jurisdiction United States federal government ⓘ
legalStatus in force in amended form ⓘ
longTitle An Act to promote the general welfare, foreign policy, and security of the United States through international trade agreements and through adjustment assistance to domestic industry, agriculture, and labor, and for other purposes ⓘ
maximumTariffCutAuthority 50 percent reduction from existing tariff rates ⓘ
notableUseOfSection232 investigations of aluminum imports ⓘ
investigations of steel imports ⓘ
policyArea international trade ⓘ
tariff policy ⓘ
trade negotiations ⓘ
predecessor Trade Agreements Extension Act of 1958 ⓘ
primaryPurpose to authorize the President to negotiate tariff reductions and trade agreements ⓘ
to expand United States foreign trade ⓘ
to strengthen economic relations with Western Europe and other trading partners ⓘ
providesFor assistance to firms adversely affected by increased imports ⓘ
assistance to workers adversely affected by increased imports ⓘ
publicLawNumber Public Law 87-794 ⓘ
relatedTo General Agreement on Tariffs and Trade ⓘ
Kennedy Round of GATT negotiations ⓘ
shortTitle Trade Expansion Act of 1962 ⓘ
signedBy John F. Kennedy ⓘ
signingPresident John F. Kennedy ⓘ
sponsor John F. Kennedy administration ⓘ
statutesAtLargeCitation 76 Stat. 872 ⓘ
subject national security and imports ⓘ
successor Trade Act of 1974 ⓘ
yearEnacted 1962 ⓘ

How these facts were elicited

Referenced by (10)

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

United States Trade Representative → createdBy → Trade Expansion Act of 1962 ⓘ
Kennedy Round (1964–1967) → legalBasis → United States Trade Expansion Act of 1962 ⓘ
linked to: Trade Expansion Act of 1962
87th United States Congress → passedLegislation → Trade Expansion Act of 1962 ⓘ
Trade Expansion Act of 1962 → shortTitle → Trade Expansion Act of 1962 ⓘ
Trade Expansion Act of 1962 → containsProvision → Section 232 of the Trade Expansion Act of 1962 ⓘ
linked to: Trade Expansion Act of 1962
Reciprocal Trade Agreements Act → relatedTo → Trade Expansion Act of 1962 ⓘ
Public Law 87-794 → officialName → Trade Expansion Act of 1962 ⓘ
Public Law 87-794 → shortName → Trade Expansion Act ⓘ
linked to: Trade Expansion Act of 1962
Trade Agreements Extension Act of 1958 → precedes → Trade Expansion Act of 1962 ⓘ
Public Law 93-618 → amends → Trade Expansion Act of 1962 ⓘ