Reciprocal Tariff Act of 1934
GPTKB entity
Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:amendedBy |
gptkb:Tariff_Act_of_1930
|
| gptkbp:approvedBy |
President to negotiate bilateral trade agreements
|
| gptkbp:citation |
ch. 474, 48 Stat. 943
|
| gptkbp:context |
gptkb:Great_Depression
|
| gptkbp:dateEnacted |
June 12, 1934
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:expandedPresidentialPower |
trade negotiations
|
| https://www.w3.org/2000/01/rdf-schema#label |
Reciprocal Tariff Act of 1934
|
| gptkbp:impact |
led to reduction of tariffs on a reciprocal basis
|
| gptkbp:influenced |
gptkb:General_Agreement_on_Tariffs_and_Trade
|
| gptkbp:purpose |
to allow the President to negotiate tariff reductions with other countries
|
| gptkbp:replacedBy |
gptkb:Smoot-Hawley_Tariff_Act
|
| gptkbp:resultedIn |
over 20 bilateral trade agreements by 1940
|
| gptkbp:signedBy |
gptkb:Franklin_D._Roosevelt
|
| gptkbp:significance |
marked a shift toward trade liberalization in U.S. policy
|
| gptkbp:bfsParent |
gptkb:Public_Law_71-798
|
| gptkbp:bfsLayer |
6
|