Status of Trade Legislation in the 107th Congress

Publication Date: August 2002

Publisher: Library of Congress. Congressional Research Service

Author(s):

Research Area: Trade

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Abstract:

Congressional leaders and the Bush Administration have placed broad and often controversial international trade issues high on the legislative agenda during the 107th Congress. A free trade agreement with Jordan and a bilateral trade agreement with Vietnam were both approved in 2001. Legislation was also enacted providing conditions under which Mexican trucks will be permitted to operate in the United States On August 6, 2002, President Bush signed P.L. 107-210, the Trade Act of 2002. Major provisions in the law include providing trade promotion authority for the President, reauthorizing and expanding trade adjustment assistance for firms and workers, and renewing the Andean Trade Preference and the Generalized System of Preferences.