Trade Policy and Reorganization Act of 1987

[AI summary unavailable — showing source text] Trade Policy and Reorganization Act of 1987 - Establishes the Department of Trade, to be administered by a Secretary of Trade 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; and (5) develop and implement U.S. policies concerning foreign investments. Transfers to the Secretary all functions of the U.S. Trade Representative and of the Secretary of Commerce which relate to international trade and investment and to specified agencies and offices of the Department of Commerce. Transfers to the Department of Trade the Export-Import Bank of the United States, the Overseas Private Investment Corporation, and the United States International Trade Commission. Amends the Trade Expansion Act of 1962 to establish a Trade Policy Committee, chaired by the President, to assist the President in carrying out the functions relating to trade agreements and import relief (replaces an interagency trade o…