American International Trade and Competitiveness Act

The American International Trade and Competitiveness Act, enacted in 1988, aimed to enhance the competitiveness of U.S. businesses in global markets. It sought to improve trade relations, address trade imbalances, and support U.S. industries by promoting fair trade practices. The Act established mechanisms for addressing unfair trade practices by foreign countries, encouraged technological innovation, and provided resources for industry and workforce development. Overall, it was a response to growing concerns about U.S. economic competitiveness in the face of globalization, ensuring American companies could thrive in international trade.