The comments of the Secretary of State of Acheson before the House Ways and Means Committee of January 22, 1951 and the Senate Finance Committee, February 22, 1951, can be found in the State Bulletin Department, February 5, 1951, pages 209 and March 12, 1951, page 435. Acheson`s statements reflected the government`s continuing concern, and in particular the Department of Foreign Affairs, about the contradictory aspects of the Trade Agreements Act, as it stood in both houses: on the one hand, the general granting of legislative power by Congress to the executive branch to reduce and engage (or increase); on the other hand, as a result of the granting of such power to the executive branch, the restrictions introduced by Congress in the new legislation were introduced in order to limit in various ways the assessment of the executive in the exercise of that power. In the same months of 1951, when the U.S. delegation to Torquay implemented the GATT trade agreement program, the Washington State Department urged Congress to extend the Trade Agreements Act of 1949 (63stat. 697), which ended the presidential power to conclude trade agreements on June 12. On the text of the Trade Agreements Extension Act of 1951, as it was definitively adopted on 16 June (65th 72), see below. For documents relating to the Position of the Department of Foreign Affairs on Section 22 of the Agricultural Adjustment Act of 1933, as amended with respect to the adoption of this trade agreement, see.pages 1424 and following (e) (1). Pub. L. 85-686, item 3 (d), provided that the report included the results of measures taken to lift foreign trade restrictions (including discriminatory restrictions) against U.S. exports, the remaining restrictions and the measures available to eliminate them in accordance with the objectives of this section.
Public Law 50 (Trade Agreements Extension Act of June 16, 1951)1 For the provisions relating to the management of the commercial contract program, see Ex. No. 11846, March 27, 1975, 40 F.R. 14291, in the form of a reference to Section 2111 of this title. E.g. Ord. Nr. 10082, October 5, 1949, 14 F.R. 6105, amended by Ex. 10170, Oct 13, 1950, 15 F.R. 6901, regarding administrative procedures for the reciprocal trade agreement program, was made by Ex. Regulation (EC) 11075, January 15, 1963, 28 F.R.
473, under Section 1801 of this title. Act of August 7, 1953, 348, Title III, Nos. 301-310, 67 Stat. 473-475, amended by pub. L.89-554, No. 8(a), 6 Sept. 1966, 80 Stat. 657, provided for the creation of a Foreign Economic Policy Commission to examine our cooperation and enlargement on the themes of international trade and enlargement, in accordance with a healthy domestic economy, our foreign economic policy, and to examine and report on international trade issues and its enlargement. , in accordance with a healthy domestic economy, our foreign economic policy. and trade aspects of our national security and overall foreign policy, and appropriate policies and measures.
The Commission is expected to report on its results within 60 days of the convening of the second session of the 83rd Congress and expire 90 days after its report to Congress.