Tag: Balance of Payments Program

Senators Urge Suspension of Compliance with Trade Pacts for Covid-19 Aid

A group of Senate Democrats has asked President Biden to suspend waivers of “Buy American and other domestic procurement preferences” for countries that are parties to trade agreements for procurement using Covid-19 funding. This post considers the role

Trade Implications of the Buy American Act of 1933

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The Buy American Act of 1933 (BAA) is the example, most frequently cited by U.S. trading partners, of American protectionism. This major domestic preference law governs the procurement of goods by the federal government. It was enacted during the Great

Trade Agreements Act of 1979: Broad Authority, Narrow Application

Although the Trade Agreements Act provides the President with broad authority to waive discriminatory purchasing requirements, in practice the waiver has limited application. Under the WTO Government Procurement Agreement (GPA) and free trade agreements