Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:approvedBy |
President to negotiate bilateral trade agreements
|
| gptkbp:dateEnacted |
June 12, 1934
|
| gptkbp:effect |
encouraged reciprocal tariff reductions by other countries
reduced U.S. tariffs on imports |
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:historicalSignificance |
marked a shift from protectionism to trade liberalization in U.S. policy
|
| https://www.w3.org/2000/01/rdf-schema#label |
Reciprocal Tariff Act
|
| gptkbp:location |
gptkb:United_States
|
| gptkbp:purpose |
to allow the President to negotiate tariff reductions with other countries
|
| gptkbp:relatedTo |
gptkb:General_Agreement_on_Tariffs_and_Trade
gptkb:Smoot-Hawley_Tariff_Act |
| gptkbp:repealedBy |
gptkb:Trade_Expansion_Act_of_1962
|
| gptkbp:section |
gptkb:Section_350_of_the_Tariff_Act_of_1930
|
| gptkbp:signedBy |
gptkb:Franklin_D._Roosevelt
|
| gptkbp:bfsParent |
gptkb:United_States_tariff_history
|
| gptkbp:bfsLayer |
7
|