The position has its origins in the Reciprocal Trade Agreements Act of 1934, which stipulated that the Secretary of Agriculture must be consulted when the Department of State conducted negotiations on agricultural trade.
22.
For example, the US could decide on a type of reciprocal trade agreement where, if the balance of trade was too far off with any given nation, like China, then stiff tariffs would apply to imports.
23.
There he was an alternate member of the Committee for Reciprocity Information, which took care of technical work relating to trade agreements under the Reciprocal Trade Agreement Act and doing preparatory work for the International Trade Organization.
24.
-- Philip Lowe, the head of cabinet for EU Transport Commissioner Neil Kinnock, on the European Commission's effort to stop member nations negotiating their own " open skies " reciprocal trade agreements with the U . S.
25.
Overall, the Roosevelt administration expected that this new policy would create new economic opportunities in the form of reciprocal trade agreements and reassert the influence of the United States in Latin America; however, many Latin American governments were not convinced.
26.
The Senate scuttled a long series of reciprocal trade agreements, blocked deals to annex the Dominican Republic and the Danish West Indies, defeated an arbitration deal with Britain, and forced the renegotiation of the pact to build the Panama Canal.
27.
It favored strict enforcement of the eight-hour work day; construction of a Panama Canal; the direct election of senators; statehood for the Western territories; the extermination of polygamy; reciprocal trade agreements; cuts in the army; and enforcement of the civil service laws.
28.
The establishment of a reciprocal trade agreement confronts the EU with the problem of how to reconcile the special status of the ACP group with the EU s obligations to the WTO . The solution proposed for this dilemma is an agreement which is only as reciprocal as necessary to fulfil WTO criteria.
