The 1934 Reciprocal Trade Agreements Act passed by the U.S. Congress was a milestone in that:

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The 1934 Reciprocal Trade Agreements Act was significant because it granted the executive branch of the U.S. government the authority to negotiate trade agreements with other countries, aiming to reduce tariffs and promote international trade. This marked a shift from the previous policy where Congress set tariffs.

The 1934 Reciprocal Trade Agreements Act Passed by the U