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- Trade Policy (28)
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United States trade policy
From Wikipedia, the free encyclopedia
United States trade policy has varied widely through various American historical and industrial periods. As a major developed nation, the U.S. has relied heavily on the import of raw materials and the export of finished goods. Because of the significance for American economy and industry, much weight has been placed on trade policy by elected officials and business leaders.[1]
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During the Civil War period, leaders of the Confederacy were confident that Britain would come to their aid because of British reliance on Southern cotton.[2] The Union was able to avoid this, through skillful use of diplomacy and threats to other aspects of European-U.S. trade relations.
The growing importance of international trade led to the establishment of the office of the U.S. trade representative in 1963 by Executive Order 11075, originally called The Office of the Special Representative for Trade Negotiations.[3]
- ^ See, e.g., Business Roundtable, World Business Leaders Urge Trade Ministers To Seize The Opportunity to Resurrect the Doha Round [1]
- ^ U.S. State Department, Preventing Diplomatic Recognition of the Confederacy [2]
- ^ International Trade and Investment by Bart S. Fisher and Michael P. Malloy
Office of the U.S.T.R, History [3]
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