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TeachMeFinance.com - explain Section 301 Section 301 The term 'Section 301 ' as it applies to the area of agriculture can be defined as ' A section of the Trade Act of 1974 that authorizes the President to take all appropriate action, including retaliation, to obtain the removal of any act, policy, or practice of a foreign government which violates an international trade agreement or is unjustified, unreasonable, or discriminatory, and which burdens or restricts U.S. commerce'.
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