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19 Int'l L. 321 (1985)
The Trade and Tariff Act of 1984: An Analytical Overview

handle is hein.journals/intlyr19 and id is 351 raw text is: JOSEPH H. PRICE* The Trade and Tariff Act of 1984: An Analytical Overview I. Introduction On October 30, 1984, President Reagan, in a Rose Garden ceremony at the White House, signed the Trade and Tariff Act of 1984 (the Act was frequently referred to in Congress as the Omnibus Trade Bill). In signing this legislation, the President called it the most important trade law approved by the Congress in a decade.1 U.S. Trade Representative Wil- liam Brock, who was principally responsible for shepherding the legislation through the Congress, struck a similar note in his speech during the cere- mony, saying that the new law represented a commitment to our trading partners and to our people that we stand ready to move forward to insist on freer and fairer trade.2 According to Ambassador Brock, the new law demonstrates not just a faith in ourselves as a nation of craftsmen, inves- tors, and entrepreneurs, but the belief that only by keeping our markets open and fighting hard for the opening of similar market opportunities abroad will we become more competitive and will other nations achieve a full world recovery.3 Despite the words of praise noted above, the Trade and Tariff Act of 1984 (hereinafter referred to as the TEA) is by no means uncontroversial. One of the major criticisms of the TTA relates to what it did not do. For example, a number of provisions that would have greatly strengthened the position of domestic industries seeking relief from imports were dropped at the last *Mr. Price is a partner in the Washington, D.C. office of Gibson, Dunn and Crutcher where he specializes in international trade law. He is a member of the District of Columbia Bar. 1. White House Press Release on Remarks of the President at Signing Ceremony for the Omnibus Trade Bill, October 30, 1984. 2. As reported in The Bureau of National Affairs' Daily Report for Executives, October 31, 1984, pp. L-5 and L-6. 3. Id.

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