Trade Expansion Act of 1987

[AI summary unavailable — showing source text] Trade Expansion Act of 1987 - Title I: Establishment of Department of Trade - Trade Policy and Reorganization Act of 1987 - Establishes the Department of Trade, to be administered by a Secretary of Trade (the Secretary) appointed by the President. Directs the Secretary, among other things, to: (1) coordinate U.S. policies for promoting beneficial international trade relationships; (2) negotiate U.S. international trade agreements; (3) protect American industry, agriculture, and labor from unfair or injurious foreign competition; (4) develop trade monitoring systems; (5) develop and implement U.S. policies concerning foreign investments; and (6) administer the U.S. Customs Service and maintain the U.S. tariff schedules. Transfers to the Secretary all functions of: (1) the U.S. Trade Representative; (2) the Secretary of Commerce which relate to international trade and investment and to specified agencies and offices of the Department of Commerce; and (3) the President under chapter I of title II and chapter I of title III of the Trade Act of 1974. Transfers to the Department of Trade the Export-Import Bank of the United States, the Overseas Private Investment Corporation, and the U.S…