A bill to establish a National Council for International Trade and Economic Policy, and for other purposes.

Summary

Establishes the National Council for Trade and International Economic Policy in the Executive Office of the President to provide advice with respect to: (1) the integration of national and international policies relating to international trade, business policy, and other issues affecting the competitiveness of American industry; and (2) coordinating the functions of all departments and agencies of the U.S. Government to accomplish a more consistent international economic policy. Requires the Council to transmit to the Congress annual reports on the international trade and economic position of the United States. Requires the President to submit an impact statement to specified congressional committees 60 days before the effective date of any regulation, executive order, or executive agreement which may have a significant impact on domestic industries' ability to compete in domestic and international markets against foreign products. Allows the President to waive such requirement in order to serve the national interest or deal with emergency situations. Requires the respective committees of the Senate and the House of Representatives to include an impact statement with any reported bill or resolution which may have a significant impact on domestic industries' ability to compete in domestic and international markets against foreign products. Authorizes appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 11 March 1987

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.