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====Reciprocal Trade Agreements Act led to GATT====

Between 1934 and 1939, the Roosevelt Administration concluded trade agreements with 19 countries under the Reciprocal Trade Agreements Act: Belgium, Brazil, Canada, Colombia, Costa Rica, Cuba, Czechoslovakia, Ecuador, El Salvador, Finland, France, Guatemala, Haiti, Honduras, the Netherlands, Nicaragua, Sweden, Switzerland, and the United Kingdom. After 1945, the tariff negotiating procedure established under the RTAA program provided the model for that of the General Agreement on Tariffs and Trade (GATT), the agreement signed by 23 countries in 1947 that has provided the framework for multilateral trade liberalization in the post-WWII era.

* Republished from [https://history.state.gov/| Office of the Historian, United States Department of State]

* Article: [https://history.state.gov/milestones/1921-1936/export-import-bank| New Deal Trade Policy: The Export-Import Bank & the Reciprocal Trade Agreements Act, 1934]

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