Trade Act of 1974
Boston Port Act
The Trade Act of 1974 (Pub.L. 93–618, 88 Stat. 1978, enacted January 3, 1975, codified at 19 U.S.C. ch. 12) was passed to help industry in the United States become more competitive or phase workers into other industries or occupations.
Fast track authority
The Trade Act of 1974 created fast track authority for the President to negotiate trade agreements that Congress can approve or disapprove but cannot amend or filibuster. The Act provided the President with tariff and non-tariff trade barrier negotiating authority for the Tokyo Round of multilateral trade negotiations. Gerald Ford was the President at the time. The fast track authority created under the Act was set to expire in 1980, was extended for 8 years in 1979, was renewed again in 1988 until 1993 to allow for the negotiation of the Uruguay Round within the framework of the General Agreement on Tariffs and Trade (GATT), and was again extended to 16 April 1994, a day after the Uruguay Round concluded in the Marrakech Agreement transforming the GATT into the World Trade Organization (WTO). It and was restored in 2002 by the Trade Act of 2002. The Obama Administration sought renewal for fast-track in 2012.
This page contains text from Wikipedia, the Free Encyclopedia -	https://wn.com/Trade_Act_of_1974
The Boston Port Act (the Trade Act 1774) is an Act of the Parliament of Great Britain which became law on March 31, 1774, and is one of the measures (variously called the Intolerable Acts, the Punitive Acts or the Coercive Acts) that were designed to secure Great Britain's jurisdictions over her American dominions.
The Act was a response to the Boston Tea Party. King George III's speech of 7 March 1774 charged the colonists with attempting to injure British commerce and subvert the Constitution, and on the 18th Lord North brought in the Port Bill. It outlawed the use of the Port of Boston (by setting up a barricade/blockade) for "landing and discharging, loading or shipping, of goods, wares, and merchandise" until such time as restitution was made to the King's treasury (for customs duty lost) and to the East India Company for damages suffered. In other words, it closed Boston Port to all ships, no matter what business the ship had. It also provided that Massachusetts Colony's seat of government should be moved to Salem and Marblehead made a port of entry. The Act was to take effect on June 1.
This page contains text from Wikipedia, the Free Encyclopedia -	https://wn.com/Boston_Port_Act
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Latest News for: 1974 trade act
Q&A--U.S.-China Phase 2 trade deal unlikely - S&P trade analyst
Canada Dot Com 17 Jan 2020
A more comprehensive trade deal between the United States and China is unlikely, a global trade expert said on Friday, adding that the recently agreed Phase 1 deal lacks teeth and is too ambitious in its scope ... That means the risk of further section 301 (of the Trade Act, 1974) duties....
Key dates in the U.S.-China trade war
Trump lays out plans https.//www.reuters.com/article/us-usa-election/trump-vows-to-reopen-or-toss-nafta-pact-with-canada-and-mexico-idUSKCN0ZE0Z0 to counter unfair trade practices from China at a campaign rally in Pennsylvania, and previews moves to apply tariffs under sections 201 and 301 of the 1974 Trade Act ... trade deficits....
U.S. trade association "alarmed" about administration's broad use of Section 301 tariffs
Xinhua 08 Jan 2020
International Trade Commission ... Trade Representative Robert Lighthizer said he proposed additional tariffs of up to 100 percent on some 2.4 billion U.S. dollars worth of French products, including champagne, cheese and handbags, after an investigation under Section 301 of the Trade Act of 1974 concluded that France's DST discriminated against U.S....
Spotlight: Section 301 tariffs on French imports draw backlash from U.S. businesses
China.dot.org 08 Jan 2020
International Trade Commission ... Trade ... Trade Representative Robert Lighthizer said he proposed the additional tariffs on French products after an investigation under Section 301 of the Trade Act of 1974 concluded that France's digital services tax discriminated against U.S....
Ball to Announce Fourth Quarter Earnings on Feb. 6, 2020
Montrose Press 06 Jan 2020
Trade Expansion Act of 1962 or Section 301 of Trade Act of 1974; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus....
After France, Italy approves digital tax on tech giants
The Siasat Daily 26 Dec 2019
"Indeed, USTR is exploring whether to open Section 301 (of the Trade Act of 1974) investigations into the digital services taxes of Austria, Italy, and Turkey ... Section 301 of the Trade Act of 1974 provides the US with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to US goods and services....
How America Broke Up With the Democratic Party
Truth Dig 18 Dec 2019
For example, many Democrats and their union allies strongly opposed Nixon's 1974 Trade Act (ultimately signed by Gerald Ford) that gave fast-track authority to the president to encourage offshoring American jobs (we've lost more than 80,000 factories just since then) by cutting protective tariffs on imports....
Washington's disruptive trade practice knows no bounds
China Daily 07 Dec 2019
While these tariffs, to be imposed under the outdated Section 301 of the US Trade Act of 1974, won't be implemented until the end of public hearings on Jan 31, it is a dramatic escalation of the tariff war between the trans-Atlantic allies after the US announced tariffs on $7.5 ......
Roundup: U.S. equities post mixed weekly results amid data, trade uncertainties
China.dot.org 07 Dec 2019
Trade Representative (USTR) Robert Lighthizer said he proposed additional tariffs of up to 100 percent on some 2.4 billion U.S ... The USTR said he had completed the first segment of the investigation under section 301 of the Trade Act of 1974 and concluded that France's digital services tax discriminates against U.S....
Solar tariffs cause devastating harm to U.S. solar industry, jobs: study
Xinhua 04 Dec 2019
International Trade Commission will begin conducting its midterm review for solar tariffs later this week ... government has used Section 201, an outdated tool under the rarely used Trade Act of 1974, to unilaterally impose tariffs or other trade restrictions on foreign imports....
ANCA Demands End to Azerbaijan's Trade Benefits
Asbarez 04 Dec 2019
should end preferential trade treatment for Azerbaijan, according to a formal Armenian National Committee of America public statement submitted to the U.S ... Established by the Trade Act of 1974, the is the largest and oldest U.S. trade preference program ... United States Trade Representative ... Trade Representative....
US equities suffer 2-day losing streak amid widening trade conflicts, sluggish data
The Dow declined as much as 450 points in intraday trading on Tuesday before closing 280.23 points, or 1.01 percent lower for the day ... The USTR said he has completed the first segment of the investigation under section 301 of the Trade Act of 1974 and concluded that France's digital services tax discriminates against U.S....
France to retaliate if US doubles Champagne, cheese prices
Rutland Herald 04 Dec 2019
move is likely to increase trade tensions between the U.S ... investigated the French tax under Section 301 of the Trade Act of 1974 — the same provision the Trump administration used last year to probe China's technology policies, leading to tariffs on more than $360 billion worth of Chinese imports in the biggest trade war since the 1930s....