Commerce and Trade Reorganization Act of 1989

[AI summary unavailable — showing source text] Commerce and Trade Reorganization Act of 1989 - Redesignates the Department of Commerce as the Department of Commerce and Trade to be administered by a Secretary of Commerce and 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; (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 the U.S. Trade Representative. Transfers to the Department the Export-Import Bank of the United States and the Overseas Private Investment Corporation. Amends the Trade Expansion Act of 1962 to establish: (1) a Trade Policy Committee within the Executive Office of the President to assist in carrying out functions under U.S. trade laws; and (2) a Trade Negotiating Subcommittee to advise the Secretary concerning the management of negotiations relating to interna…