S 394 · 94th Congress · Foreign Trade and International Finance
A bill to amend the Trade Act of 1974 to clarify the application of the Generalized System of Preferences to certain countries.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1975-01-27)
Plain Language Summary
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Prohibits, under the Trade Act of 1974, a Presidential grant of duty-free status for specified articles of beneficiary developing countries if such country is a member of the Organization of Petroleum Exporting Countries (OPEC) and cooperates with OPEC in withholding and raising prices on supplies of vital commodities; or if such country is a member of any other arrangement of foreign countries taking such actions.…
Summarized by Claude AI · Non-partisan · For informational purposes only