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Reciprocal Trade Agreements Act - Wikipedia, the free encyclopedia (121 words) |
 | The Reciprocal Trade Agreements Act - 1934 - Provided for the negotiation of tariff agreements with separate nations, particularly Latin American countries. |
| The President was authorized by Congress for a fixed period of time to negotiate on bilateral basis with other countries and then implement reductions in tariffs (up to 50% in existing tariffs) in exchange for compensating tariff reductions by the partner trading country. |
| It was a response the Hawley-Smoot tariff bill, which showed that Congress was unable to create a coherent, non-biased trade policy. |
| Tariff - encyclopedia article about Tariff. (4851 words) |
| A trade bloc A trade bloc is a large free trade zone or near-free trade zone formed by one or more tax, tariff and trade agreements. |
| Efforts to restore free trade with Canada collapsed when Canada rejected a proposed reciprocity treaty in fear of American imperialism in the Canadian federal election, 1911 Canadian federal election of 1911 was held to elect members of the Canadian House of Commons. |
| Free trade with Canada came about as a result of the Canada-U.S. Free Trade Agreement The Free Trade Agreement (FTA) was a trade agreement reached by Canada and the United States in October of 1987. |
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