Fair Labor Standards Foreign Trade Act

Fair Labor Standards Foreign Trade Act - Amends the Fair Labor Standards Act to declare the protection of workers and communities through regulation of imports to be the policy of such Act.

Directs the Secretary of Labor, upon the request of the President, resolution of either House of Congress, application of a representative of an employee organization, or other interested party, or upon its own motion, to determine whether a product: (1) was produced abroad under labor conditions detrimental to the maintenance of a minimum standard of living for workers; and (2) is impairing domestic labor of the communities.

Authorizes the President to take remedial action if it is found that the product is in competition with domestic goods under such circumstances.