HR 2630 · 98th Congress · Foreign Trade and International Finance
Trade Reorganization Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Legislation and National Security.(1983-05-02)
Plain Language Summary
[AI summary unavailable — showing source text]
Trade Reorganization Act of 1983 - Establishes the Department of Trade, to be administered by a Secretary of Trade appointed by the President. Directs the Secretary, among other things, to: (1) coordinate U.S. policies for promoting beneficial international trade relationships; (2) negotiate U.S. international trade agreements; (3) protect American industry, agriculture, and labor from unfair or injurious foreign competition; (4) develop trade monitoring systems; (5) develop and implement U.S. policies concerning foreign investments; and (6) administer the U.S. Customs Service and maintain the U.S. tariff schedules. Transfers to the Secretary all functions of the U.S. Trade Representatives and of the Secretary of Commerce which relate to international trade and investment and to specified agencies and offices of the Department of Commerce. Transfers to the Department of Trade the Export-Import Bank of the United States. Amends the Trade Expansion Act to establish a Trade Policy Committee, chaired by the President, to assist the President in carrying out the functions vested in the President relating to trade agreements and import relief (replaces an interagency trade organization).…
Summarized by Claude AI · Non-partisan · For informational purposes only