Loading ...Trade Expansion Act. Under the Trade Expansion Acts of 1965 (Pub.L. 87–794, 76 Stat. 872, enacted October 11, 1962, 19 U.S.C. § 1801), the United States Congress granted the White House unprecedented authority to negotiate tariff reductions of up to 80%.
Comment: The start of the gang banging of the US economy. They all took turns. Europe, Japan, Taiwan, S Korea, Bangladesh, Shi Lanka, Mexico, China the latest after 1980-89 to climb on and have fun. Americans imo were STUPID to gleefully buy imports.