By I. M. Destler
During this accomplished revision of the main influential, broadly learn research of the united states exchange policymaking approach, Destler addresses how globalization has reshaped alternate politics, weakening conventional protectionism yet intensifying situation approximately trade’s societal affects. fullyyt new chapters deal with the deepening of partisan divisions and the increase of “trade and . . .” concerns (especially exertions and the environment). the writer concludes with a finished monetary and political technique to do something about globalization and maximize its advantages. the unique variation of yankee exchange Politics gained the Gladys Kammerer Award of the yankee Political technological know-how organization for the simplest publication on US nationwide coverage.
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Additional info for American Trade Politics (4th Edition)
Letters poured in on the congressmen from the textile districts. 27 At that time, US cotton textile exports exceeded imports, and the latter were less than 2 percent of domestic production. But if the industry’s substantive case for relief was a bit overstated, its power was taken very seriously. In the House of Representatives, it took an enormous personal effort by House Speaker Sam Rayburn (D-TX) to beat back efforts to open up the trade authority bill of 1955 to protectionist amendments. A year later, a proposal for rigid textile quotas failed by just two votes in the Senate.
Oil 26. Agricultural interests sometimes won specific statutory protection for products like meat and sugar through legislation that moved through the House and Senate agriculture committees (which never fully joined in the tradition of congressional self-denial on trade). At other times they won import relief through executive action under legal authorities like Section 22 of the Agricultural Adjustment Act of 1933, which authorized the president, on the recommendation of the Tariff Commission and the secretary of agriculture, to impose quotas or fees to the extent that imports were interfering with a domestic commodity program designed to buttress prices and limit production.
Always there were limits in time and in the range of negotiation. Nevertheless, Congress continued to respond to new trade policy demands by shifting the basic pressure and responsibility onto the president. 19. Dean Acheson, Present at the Creation: My Years at the State Department (New York: W. W. Norton, 1969), 10. 20. Memoirs of Cordell Hull, vol. 1, 356. THE 1934 SYSTEM: PROTECTION FOR CONGRESS 17 02--Chapter 2--11-38 5/19/05 8:50 AM Page 18 The “Bicycle Theory” and “Export Politics” One political effect of trade negotiations was to divert some trade policymaking attention from the problems of the American market to the benefits of opening up markets overseas.
American Trade Politics (4th Edition) by I. M. Destler