Administration's Foreign Trade Policy
Revision by a Republican Congress of the foreign trade policy developed during two decades of Democratic rule was held in abeyance last year, in order to give the Eisenhower administration time to study the question and formulate specific recommendations. The President sent the recommendations to the Capitol at the end of March, four months before Congress was to adjourn, but this year again there was no action. As in 1953, the legislators merely renewed the Reciprocal Trade Agreements Act for another 12 months. It therefore will be up to the new Congress to reconsider the law which provides the statutory framework for the tariff and trade relations of the United States with foreign countries, and to act on other issues involved ...