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The ____ gave president kennedy the authority to negotiate reciprocal trade agreements that could reduce u.s. tariffs by as much as 50 percent.

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Answer: Trade Expansion Act, 1962

Explanation: The Trade Expansion Act, 1962 gave president Kennedy the authority to negotiate reciprocal trade agreements that could reduce u.s. tariffs by as much as 50 percent. The act also paved the way for the next round of GATT negotiations. This was also known as the Kennedy Round.

Thus, the correct option is Trade Expansion Act, 1962.

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