Public Law 87-794

E121777

Public Law 87-794 is the U.S. federal statute commonly known as the Trade Expansion Act of 1962, which granted the president broad authority to negotiate tariff reductions and reshape American trade policy in the postwar era.

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Label Occurrences
Public Law 87-794 canonical 1

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Statements (47)

Predicate Object
instanceOf United States federal statute
economic legislation
trade law
aimedAt enhancing United States competitiveness
increasing United States exports
reducing trade barriers
appliesTo international trade of the United States
branchOfGovernment legislative branch of the United States
codifiedIn Title 19 of the United States Code
containsProvision authority for across-the-board tariff cuts
authority for sectoral tariff negotiations
trade adjustment assistance for workers and firms
country United States of America
surface form: United States
dateSigned 1962-10-11
enables United States participation in multilateral trade negotiations
negotiation of tariff concessions in the General Agreement on Tariffs and Trade
enactedBy 87th United States Congress
grantsPowerTo President of the United States
historicalContext Cold War economic policy
post-World War II trade liberalization
inForce true
jurisdiction United States government
surface form: federal government of the United States
language English
legalForm Act of Congress
officialName Trade Expansion Act of 1962
policyArea economic policy
foreign relations of the United States
international trade
primaryPurpose to authorize the President to negotiate tariff reductions
to expand international trade of the United States
to promote economic growth through trade liberalization
to strengthen economic relations with foreign countries
publicLawNumber 87-794
relatedTo General Agreement on Tariffs and Trade
Kennedy Round (1964–1967)
surface form: Kennedy Round of GATT negotiations
shortName Trade Expansion Act of 1962
surface form: Trade Expansion Act
signedBy John F. Kennedy
signingPresident John F. Kennedy
sponsorContext Kennedy administration trade program
statutesAtLargeCitation 76 Stat. 872
subject adjustment assistance
balance of payments
foreign economic policy
reciprocal trade agreements
tariff reduction authority
trade negotiations
yearEnacted 1962

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Trade Expansion Act of 1962 publicLawNumber Public Law 87-794