Page:Title 3 CFR 2002 Compilation.djvu/31

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

Proc. 7529 Title 3--The President (a) a tariff rate quota on imports of slabs described in para\365raph 7, im- posed for a period of 3 years plus 1 day, with annual increases in the with- in-quota quantities and annual reductions in the rates of duty applicable to \365oods entered in excess of those quantities in the second and third years; and (b) an increase in duties on imports of certain fiat steel, other than slabs (includin\365 plate, hot-rolled steel, cold-rolled steel and coated steel), hot- rolled bar, cold-finished bar, rebar, certain welded tubular products, carbon and alloy fittin\365s, stainless steel bar, stainless steel rod, tin mill products, and stainless steel wire, as described in para\365raph 7, imposed for a period of 3 years plus 1 day, with annual reductions in the rates of duty in the second and third years, as provided in the Annex to this proclamation. \1770. The safe\365uard measures described in para\365raph 9 shall not apply to the products listed in clauses followin\365 clause (ix) in subdivision (b) of Note \177 in the Annex to this proclamation. \177l. These safe\365uard measures shall apply to imports from all countries, cept for products of Canada, Israel, Jordan, and Mexico. 12. These safe\365uard measures shall not apply to imports of any product scribed in para\365raph 7 of a developin\365 country that is a member of the World Trade Or\365anization (WTO), as Ion\365 as that country's share of total imports of the product, based on imports durin\365 a recent representative riod, does not exceed 3 percent, provided that imports that are the product of all such countries with less than 3 percent import share collectively ac- count for not more than 9 percent of total imports of the product. If I deter- mine that a sur\365e in imports of a product described in para\365raph 7 of a developin\365 country WTO member undermines the effectiveness of the per- tinent safe\365uard measure, the safe\365uard measure shall be modified to apply to such product from such country. \1773. The in-quota quantity in each year under the tariff rate quota described in para\365raph 9 shall be allocated amon\365 all countries except those coun- tries the products of which are excluded from such tariff rate quota pursu- ant to para\365raphs ll and 12. 14. Pursuant to section 203(a)(1)(A) of the Trade Act (19 U.S.C. 2253(a)(1)(A)), I have further determined that these safe\365uard measures will facilitate efforts by the domestic industry to make a positive adiustment to import competition and provide \365rearer economic and social benefits than costs. If I determine that further action is appropriate and feasible to facili- tate efforts by the pertinent domestic industry to make a positive adiust- ment to import competition and to provide \365rearer economic and social benefits than costs, or if I determine that the conditions under section 204(b)(1) of the Trade Act are met, I shall reduce, modify, or terminate the action established in this proclamation accordin\365ly. In addition, if I deter- mine within 30 days of the date of this proclamation, as a result of con- sultations between the United States and other WTO members pursuant to Article 12.3 of the WTO A\365reement on Safe\365uards that it is necessary to reduce, modify, or terminate a safe\365uard measure, I shall proclaim the cor- respondin\365 reduction, modification, or termination of the safe\365uard meas- ure within 40 days. 15. Section 604 of the Trade Act, as amended (19 U.S.C. 2483), authorizes the President to embody in the HTS the substance of the relevant provi-