Fair Trade and Export Expansion Act of 1991

[AI summary unavailable — showing source text] Fair Trade and Export Expansion Act of 1991 - Amends the Trade Act of 1974 to require the United States Trade Representative (USTR), through calendar year 1995, to identify U.S. trade liberalization priorities. Requires the USTR, after he or she has identified a country as a priority foreign country (a country whose trade practices create major barriers to U.S. exports), to initiate an investigation with respect to the priority practices of such country if: (1) the amount of the trade deficit between the United States and such country exceeds 15 percent of the amount of the total U.S. trade deficit for a given year; (2) the practices of such country have been identified; and (3) such country has not entered into a free trade agreement with the United States. Requires the USTR, after identifying a practice as a priority practice (one which acts as a barrier to U.S. exports), to initiate an investigation with respect to it if: (1) such practice has been identified; and (2) is associated with a sectoral deficit (as listed in the National Trade Estimates) of five percent or more of the balance of trade between the United States and the foreign country conducting such practice. Requires…