How has the U.S.Congress responded in light of persistent trade deficits,growing foreign direct investment,and the tendency of some firms and industries to seek legislative redress for failures in marketplace?

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In response to persistent trade deficits, growing foreign direct investment, and the tendency of some firms and industries to seek legislative redress for failures in the marketplace, the U.S. Congress has provided more powers to the president to restrict trade. Congress has passed laws such as the Trade Act of 1974 and the Omnibus Trade and Competitive Act of 1988 that give the president authority to negotiate and enforce trade agreements, impose trade sanctions, and unilaterally modify tariffs and other trade barriers. This has allowed the president to take a more active role in trade policy and address concerns about unfair trade practices and the competitiveness of American businesses.

How Has the U