Export Trading Company Act of 1980

[AI summary unavailable — showing source text] Export Promotion and Export Trading Company Act of 1980 - Directs the Secretary of Commerce to encourage the formation of export trading companies by providing information and advice to interested persons. Requires the Secretary to provide a referral service to facilitate contacts between producers of exportable goods and services and concerns offering export trade services. Permits State and local governments to participate in such export trading companies. Amends the Webb-Pomerene Act to exempt trading companies, solely with respect to their export trade activities, from antitrust restrictions. Directs the President, five years after enactment, to appoint a task force to study and report any recommendations to the President concerning the effect of this Act on domestic competition and the U.S. trade deficit.…