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Simple English definitions for legal terms
Office of the United States Trade Representative
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A quick definition of Office of the United States Trade Representative:
Office of the United States Trade Representative: This is a group of people who work for the President and are in charge of making decisions about how the United States trades with other countries. They were created in 1979 and their job is to make sure that the United States is trading in a way that is fair and benefits our country.
A more thorough explanation:
The Office of the United States Trade Representative (USTR) is a part of the Executive Office of the President. Its main job is to create and manage trade policies for the United States.
The USTR was created in 1979 by Reorganization Plan No. 3. This plan was made to help the government work more efficiently.
When the United States wants to trade with another country, the USTR is responsible for making sure that the trade is fair and benefits the United States. For example, if the United States wants to sell cars to another country, the USTR will negotiate with that country to make sure that the United States is not charged too much money to sell its cars there.
Another example is when the United States wants to buy goods from another country. The USTR will make sure that the United States is not charged too much money for those goods.
These examples show how the USTR works to protect the interests of the United States in international trade.
Office of the Comptroller of the Currency | Office of Thrift Supervision