Trade Act of 1974

Trade Act of 1974
Long title	An Act to promote the development of an open, nondiscriminatory, and fair world economic system, to stimulate fair and free competition between the United States and foreign nations, to foster the economic growth of, and full employment in, the United States, and for other purposes.
Nicknames	Trade Reform Act
Enacted by	the 93rd United States Congress
Effective	January 3, 1975
Citations
Public law	93-618
Statutes at Large	88 Stat. 1978-2
Codification
Titles amended	19 U.S.C.: Customs Duties
U.S.C. sections created	19 U.S.C. ch. 12 § 2101 et seq.
Legislative history
	Introduced in the House as H.R. 10710 by Al Ullman (D–OR) on October 3, 1973; Committee consideration by House Ways and Means, Senate Finance; Passed the House on December 11, 1973 (272-140); Passed the Senate on December 13, 1974 (77-4); Reported by the joint conference committee on December 19, 1974; agreed to by the House on December 20, 1974 (323-36) and by the Senate on December 20, 1974 (72-4); Signed into law by President Gerald Ford on January 3, 1975;

The Trade Act of 1974 (Pub. L. 93–618, 88 Stat. 1978, enacted January 3, 1975, codified at 19 U.S.C. ch. 12) was passed to give the President more power in matters of trade agreements and tariffs. The Act's authority expired in 1982 but was subsequently extended by Congress until 2010.