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The Office of Trade Policy and Economic Affairs executes the U.S. Trade Representative’s primary responsibility for developing and coordinating the implementation of trade policy, with the advice of the interagency trade policy organization. Under the Trade Expansion Act of 1962, Congress established an interagency trade policy mechanism to assist with the implementation of these responsibilities. The mechanism includes the National Economic Council and the National Trade Council located in the White House and the Trade Policy Review process. This Office is also the economic consulting function for the USTR and his/her principals. This function includes statistical and economic analytical materials, critical review of outside materials, and economic analytical support for trade policy development. The office supports trade negotiating and related activities with economic statistical and analytical inputs; assesses economic benefits to trade partners as well as to the United States to support U.S. negotiating objectives; contributes to USTR’s recurring Congressional and other reports; and assists USTR offices in formulating investigation requests to the International Trade Commission. Further responsibilities include developing policy relating to and managing the Generalized System of Preference (GSP) program.
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