In today's world, Trade Agreements Act of 1979 is a topic that has captured the attention of millions of people around the world. Since its emergence, Trade Agreements Act of 1979 has generated continuous debate and has been the subject of study and research by experts in various fields. This phenomenon has significantly impacted society, transforming the way people interact, consume information and relate to the world around them. In this article, we will thoroughly explore the impact of Trade Agreements Act of 1979 and analyze its influence on different aspects of modern life.
Long title | An Act to approve and implement the trade agreements negotiated under the Trade Act of 1974, and for other purposes. |
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Nicknames | Distilled Spirits Tax Revision Act of 1979 |
Enacted by | the 96th United States Congress |
Effective | July 26, 1979 |
Citations | |
Public law | 96-39 |
Statutes at Large | 93 Stat. 144 |
Codification | |
Titles amended | 19 U.S.C.: Customs Duties |
U.S.C. sections created | 19 U.S.C. ch. 13 § 2501 et seq. |
Legislative history | |
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The Trade Agreements Act of 1979 (TAA), Pub. L. 96–39, 93 Stat. 144, enacted July 26, 1979, codified at 19 U.S.C. ch. 13 (19 U.S.C. §§ 2501–2581), is an Act of Congress that governs trade agreements negotiated between the United States and other countries under the Trade Act of 1974. It provided the implementing legislation for the Tokyo Round of the General Agreement on Tariffs and Trade.
The stated purposes of the TAA are:
The TAA can restrict procurement of goods and services for federal contracts, if the program management office decides to check TAA compliance. In many ways the TAA supersedes the Buy American Act, because the TAA allows the President to waive the Buy American Act under certain conditions. Federal Acquisition Regulations (FAR) Subpart 25.4 includes guidance for TAA compliance. In general, a product is TAA compliant if it is made in the United States or a "Designated Country". Designated Countries include:
Notably absent from the list is the People's Republic of China. A full list of Designated Countries is in FAR 25.003.