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UPSC Dictionary

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India became a member of the Shanghai Cooperation Organisation (SCO) in 2017 and hosts the SCO presidency periodically.

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UPSC Dictionary

United States Trade Representative

The United States Trade Representative (USTR) is an institution, specifically an agency within the Executive Office of the President of the United States, responsible for developing and promoting U.S. foreign trade policies. The USTR is headed by the United States Trade Representative, a Cabinet-level official who holds the rank of Ambassador and serves as the President's principal trade advisor and negotiator.

The institution's origin traces back to the Trade Expansion Act of 1962, which called for the appointment of a Special Representative for Trade Negotiations to conduct U.S. trade negotiations. This was formalized by Executive Order 11075 on January 15, 1963, creating the Office of the Special Trade Representative (STR) to better balance competing domestic and international interests in trade policy. The Trade Act of 1974 provided a legislative charter for the STR and elevated the Special Trade Representative to a Cabinet-level position. Following a 1979 reorganization, the office was renamed the Office of the United States Trade Representative (USTR) in 1980.

The USTR's mechanism involves setting and administering overall trade policy, leading international trade negotiations, and coordinating policy with other government agencies through an interagency structure like the Trade Policy Staff Committee (TPSC). A key provision it oversees is Section 301 of the Trade Act of 1974, which authorizes the USTR to investigate and take action against foreign unfair trade practices. The USTR connects directly to the World Trade Organization (WTO), where it participates in multilateral negotiations and trade disputes.

Recently, the USTR has been active in reviewing the China Section 301 tariffs and initiating new Section 301 investigations related to forced labor in various economies. Furthermore, the USTR is reviewing recommendations for a new tariff structure to replace the expiring Section 122 duties, which could impose new tariffs on 60 economies. While its core function as the lead trade negotiator remains the same, its focus has shifted to addressing issues like forced labor and reviewing existing tariff actions.

References

  • federalregister.gov
  • wikipedia.org
  • ustr.gov
  • ustr.gov
  • ustr.gov
  • ballotpedia.org
  • doi.gov
  • freightwaves.com
  • torrestradelaw.com
  • youtube.com
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