HR 8943 · 93th Congress · Foreign Trade and International Finance

Trade Improvement Act

Introduced 1973-06-22· Sponsored by Rep. Vanik, Charles A. [D-OH-22]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-06-22)

Plain Language Summary

[AI summary unavailable — showing source text] Trade Improvement Act - Declares the purposes of this Act to be: (1) to provide authority in the trade field supporting United States participation in an interrelated effort to develop an open, nondiscriminatory and fair world economic system through reform of international trade rules, formulation of international standards for investment and tax laws and policies, and improvement of the international monetary system; (2) to facilitate international cooperation in economic affairs for the purpose of providing a means of solving international economic problems, furthering peace and raising standards of living throughout the world, while maintaining and insuring the security of the United States; (3) to stimulate the noninflationary economic growth of the United States and enlarge foreign markets for the products of United States commerce (including manufacturing, agriculture, mining, and fishing) by furthering the expansion of world trade through the progressive reduction and elimination of barriers to trade on a basis of mutual benefit and equity; (4) to establish a program of temporary import relief to facilitate adjustment of sections of the domestic economy adversely affected b…

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