HR 3702 · 102th Congress · Foreign Trade and International Finance

Market Opportunity and Reciprocal Enforcement Act of 1991

Introduced 1991-11-04· Sponsored by Rep. Gephardt, Richard A. [D-MO-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Received from Justice.(1992-04-29)

Plain Language Summary

[AI summary unavailable — showing source text] Market Opportunity and Reciprocal Enforcement Act of 1991 - Title I: Response to Priority Foreign Practices That Adversely Affect United States Sectoral Competitiveness - Amends the Trade Act of 1974 to direct the U.S. Trade Representative, in identifying market barriers and certain unfair trade actions, to: (1) identify, if for a calendar year the United States merchandise trade balance (excluding crude petroleum imports) was in deficit, each foreign country that accounted for not less than 15 percent of such deficit and had a global current account surplus for such year in an amount not less than such deficit; and (2) specify each act, policy, or practice that was implemented by a foreign country with respect to any goods sector or service sector that accounted for not less than ten percent of the merchandise trade deficit between the United States and such foreign country during such calendar year. Makes permanent the program know as "Super 301" which identifies trade liberalization priorities. Applies such program to sectoral priority practices. Requires the President, if the U.S. Trade Representative finds violations of trade practices, to: (1) direct the Trade Representative …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Democrats