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DEPARTMENT OF STATE
COMMERCIAL POLICY Series 100
For sale by the Superintendent of Documents, U. S. Government
Printing Once, Washington 25, D. C..' Price 10 cents
HY should the American program for world
trade be carried forward? This is a question that must have arisen in many minds during the last few weeks. For the United States is preparing to meet with 17 other nations in Geneva on the eighth of April to negotiate on policies affecting trade. And its preparations have been well reported in the press. Before the question that is raised by these headlines can be answered, the story that lies behind them must be told.
The American program has two parts and the Geneva meeting has two parts. The first part is completion of the draft of a charter establishing common principles of world trade policy and setting up an International Trade Organization. The second part is negotiation directed toward the reduction of tariffs, the removal of other barriers to trade, and the elimination of discriminatory practices. Each of these parts depends upon the
1 An address delivered before the World Trade Conference in Chicago, Ill., on Feb. 17, 1947. Mr. Wilcox is Director of the Office of International Trade Policy, Department of State.
other. If there were no trade charter and no
It is important that the American people ex-
REDUCTION OF TRADE BARRIERS
First, the charter would require the members