Comparing Major Trade Bills: Hearings Before the Committee on Finance, United States Senate, One Hundredth Congress, First Session on S. 490, S. 636, and H.R. 3
U.S. Government Printing Office, 1988 - Foreign trade regulation
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action addition adjustment Administration agreements allow amendment American Association authority barriers believe benefits bill billion cause Chairman changes China Commerce Committee companies competitive concern Congress consider consumers contained continue cost countervailing duty countries cuts decision Department determination domestic dumping economic effect established existing exports foreign GATT going House imports improve increased industry injury intellectual property interest international trade investment issue Japan Japanese legislation limited major Manufacturers Means measures negotiations objectives opportunity particular percent position practices present President problem procedures proposals protection question reasons recommended record reduce relief Representative restrictions result retaliation round Section 301 Senator specific standard statement steel subsidy tariff Thank trade deficit trade laws trade practices U.S. trade unfair trade United violation workers
Page 20 - The Sherman Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade. It rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress...
Page 373 - Agriculture has reason to believe that any article or articles are being or are practically certain to be imported into the United States under such conditions and in such quantities as to render or tend to render ineffective, or materially interfere with...
Page 235 - States in such increased quantities as to be a substantial cause of serious injury, or the threat thereof, to the domestic industry producing an article like or directly competitive with the imported article. "(B) For purposes of this section, the term 'substantial cause ' means a cause which is important and not less than any other cause.
Page 19 - To investigate, from time to time, trade conditions in and with foreign countries where associations, combinations, or practices of manufacturers, merchants, or traders, or other conditions, may affect the foreign trade of the United States, and to report to Congress thereon, with such recommendations as it deems advisable.
Page 17 - It is of serious interest to the country that the people at large should have no lobby and be voiceless in these matters, while great bodies of astute men seek to create an artificial opinion and to overcome the interests of the public for their private profit.
Page 322 - President has reason to believe that any one or more articles are being or are practically certain to be imported into the United States under such conditions and in sufficient quantities as to render or tend to render ineffective or materially interfere with...
Page 401 - Its primary objective is to promote an open system of world trade, finance and investment. The...
Page 59 - ... and • acceptable conditions of work with respect to minimum wages, hours of work, and occupational safety and health.
Page 38 - Techniques for assessing relative costs and benefits of import relief have been improved in recent years. When such assessments have been made, the basis for decision-making has been notably broadened. The proposal herein is to make the cost-benefit assessment a standard practice in the consideration of claims for protection. It would not prevent grants of import relief but it...