Anonymous ID: 52d736 May 29, 2025, 1:54 a.m. No.23094536   🗄️.is 🔗kun

JFK used the same tariff power as Trump but since JFK was a Democrat president, leftist judges never dared to stop their hero, JFK

 

>The sixth round of GATT multilateral trade negotiations took place between 1964 and 1967. It was named after U.S. President John F. Kennedy in recognition of his support for the reformulation of the United States trade agenda, which resulted in the Trade Expansion Act of 1962. This Act gave the President the widest-ever negotiating authority.

 

>The Trade Expansion Act of 1962 was a US law that granted the President significant authority to cut tariffs on goods and to negotiate trade agreements. It replaced the Trade Agreements Act of 1934 and was designed to promote economic growth and international trade. Section 232 of the Act, which allows the President to impose tariffs or other trade restrictions based on national security concerns, was later invoked by President Trump to impose tariffs on steel and aluminum

 

https://x.com/WallStreetMav/status/1927887649571799428

 

https://en.wikipedia.org/wiki/Trade_Expansion_Act

Anonymous ID: 52d736 May 29, 2025, 2:18 a.m. No.23094547   🗄️.is 🔗kun

COURT IGNORED TRADE ACT OF 1974

https://www.investopedia.com/terms/t/trade-act-of-1974.asp

What Is Trade Act of 1974?

 

The Trade Act of 1974 is a piece of legislation passed by the U.S. Congress to expand American participation in international trade and reduce trade disputes. The enactment of the law happened on Jan. 3, 1975. The act provided the authority to reduce or eliminate trade barriers and to improve relationships with non-market Communist countries and countries with developing economies. Further, the act hoped to bring change to injurious and unfair competition laws.

Key Takeaways

 

The Trade Act of 1974 is legislation passed by Congress to expand U.S. participation in international trade and reduce trade disputes.

The act gave relief to American industries negatively affected by increased international trade, and placed tariffs on imports from developing countries.

It has opened up foreign markets to U.S. exports.

It created a fast-track authority for the president to negotiate trade agreements, which Congress may approve or disapprove but cannot amend or filibuster.