HR 2881 · 98th Congress · Foreign Trade and International Finance
Fair Trade Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Rules of the House.(1983-05-10)
Plain Language Summary
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Fair Trade Act of 1983 - Amends the Trade Act of 1974 to direct the United States Trade Representative (USTR) to submit a report to the President on certain trade practices of countries designated as major trading countries. Requires the report to be completed within six months after enactment of this Act. Requires the report to contain a study on any major practice of each major trading country that: (1) is inconsistent with a trade agreement; (2) is unjustifiable and restricts U.S. commerce; or (3) denies to competitive U.S. products commercial opportunities that are substantially equivalent to those offered by the United States. Directs the President to publish and submit to the appropriate congressional committees: (1) such study; (2) an estimate of the trade distorting impact of the practices identified in the study; (3) all feasible courses of action which would redress imbalances caused by such practices if efforts to obtain their elimination fail; and (4) a proposed joint resolution which requires the President to take a specific course of action which the President has determined to be the most appropriate course of action. Authorizes other Federal agencies to help the UST…
Summarized by Claude AI · Non-partisan · For informational purposes only