What United States Trade Act of 1974 (Title 19 USC Chapter 12): Short Title, Basic Authority for Trade Agreements, Section 301 Actions by the United States Trade Representative, Initiation of Investigations, Implementation of Actions, Generalized System of Preferences, and Designation of Beneficiary Developing Countries requires
The Trade Act of 1974, Public Law 93-618 of 3 January 1975, codified at Title 19 of the United States Code, Chapter 12 (Trade Act of 1974), is the principal federal statute providing the framework for United States trade negotiations, import relief mechanisms, the Section 301 enforcement tool, the Generalized System of Preferences, and trade adjustment assistance, and is administered by the Office of the United States Trade Representative (USTR), the International Trade Commission, and the Department of Commerce. Trade Act of 1974, 19 U.S.C. 2101 sets the short title. Trade Act of 1974, 19 U.S.C. 2111 sets the basic authority for trade agreements. Trade Act of 1974, 19 U.S.C. 2411 contains Section 301 of the Trade Act of 1974 governing actions by the United States Trade Representative including the mandatory and discretionary action provisions in response to unjustifiable, unreasonable, or discriminatory acts, policies, or practices by foreign governments that burden or restrict United States commerce. Trade Act of 1974, 19 U.S.C. 2412 governs initiation of Section 301 investigations including petition requirements. Trade Act of 1974, 19 U.S.C. 2415 governs implementation of actions including duties, fees, and other import restrictions. Trade Act of 1974, 19 U.S.C. 2461 provides the authority to extend preferences through the Generalized System of Preferences (GSP). Trade Act of 1974, 19 U.S.C. 2462 governs the designation of beneficiary developing countries. The Act is the controlling federal instrument for trade enforcement, trade preferences, and trade adjustment assistance.
Pillar: Trade Compliance & Export Controls · Authority: United States Government - Office of the Law Revision Counsel · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2023-title19/html/USCODE-2023-title19-chap12.htm
SHA-256 integrity: 29455e2d831600eb38f0c0ddf90ff562fb6ce6abc6c71fe6671be936296a6b96
Primary Citations — 8 traced to source
- Trade Act of 1974, 19 U.S.C. 2101 - short title.
- Trade Act of 1974, 19 U.S.C. 2111 - basic authority for trade agreements.
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