Trade Agreements Extension Act of 1958

E123632

The Trade Agreements Extension Act of 1958 was a U.S. law that temporarily continued and modestly expanded presidential authority to negotiate reciprocal tariff reductions under the postwar trade-liberalization framework prior to the broader reforms of the early 1960s.

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Label Occurrences
Trade Agreements Extension Act of 1958 canonical 1

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Statements (30)

Predicate Object
instanceOf United States federal statute
trade law
appliesTo foreign trade
tariff policy
authorizes negotiation of reciprocal trade agreements
reductions in import tariffs
basedOn Reciprocal Trade Agreements Act
surface form: Reciprocal Trade Agreements Act of 1934
country United States of America
surface form: United States
effect modest expansion of presidential bargaining authority on tariffs
follows Trade Agreements Extension Act of 1955
grantsPowerTo President of the United States
hasPurpose to authorize reciprocal tariff reductions
to continue postwar trade liberalization
to extend presidential authority to negotiate trade agreements
to provide a temporary extension of trade-agreement authority
historicalContext Cold War economic policy
postwar multilateral trade system
implements United States trade-liberalization commitments
jurisdiction United States government
surface form: United States federal government
legislativeBody United States Congress
partOf post–World War II United States trade policy
policyArea international trade
tariffs
trade liberalization
precedes Trade Expansion Act of 1962
relatedTo General Agreement on Tariffs and Trade
subjectMatter bilateral and multilateral trade negotiations
reciprocal tariff concessions
temporalScope late 1950s
typeOfExtension temporary extension of trade-agreement authority

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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 predecessor Trade Agreements Extension Act of 1958