MODIFICATION OF TEMPORARY QUANTITATIVE LIMITATIONS ON THE IMPORTATION OF CERTAIN ARTICLES OF STAINLESS STEEL OR ALLOY TOOL STEEL
By the President of the United States of America
On June 12, 1979, by Proclamation 4665, I proclaimed, pursuant to the Constitution and the statutes of the United States (including section 203 of the Trade Act of 1974 (19 U.S.C. 2253) (the Trade Act)), an extension for the period of June 14, 1979 through February 13, 1980, of the temporary quantitative limitations imposed by Proclamation 4445, as amended, on the importation into the United States of certain articles of stainless or alloy tool steel provided for in items 923.20 through 923.26, inclusive, of the Tariff Schedules of the United States (TSUS) (19 U.S.C. 1202).
NOW, THEREFORE, I, JIMMY CARTER, President of the United States of America, in order to assure equitable treatment under Proclamation 4445, as amended, and acting under the authority vested in me by the Constitution and the statutes of the United States, including section 203 of the Trade Act (19 U.S.C. 2253), and in accordance with Article XIX of the General Agreement on Tariffs and Trade (GATT) (61 Stat. (pt. 5) A58; 8 UST (pt. 2) 1786) do proclaim that Subpart A, part 2 of the Appendix to the TSUS is modified as set forth in the Annex to this proclamation.
IN WITNESS WHEREOF, I have hereunto set my hand this eleventh day of July, in the year of our Lord nineteen hundred seventy-nine, and of the Independence of the United States of America the two hundred and fourth.
Subpart A, part 2 of the Appendix to the Tariff Schedules of the United States (19 U.S.C. 1202) is modified-
(a) by redesignating headnote 2 (d) as headnote 2 (e); and
(b) by inserting the following new headnote 2(d):
"(d) Adjustments.-If the Special Representative determines that it is necessary or appropriate to assure equitable treatment in a manner consistent with the objective of phasing-out import relief he may:
(1) Allocate or reallocate specific quota quantities to any country or instrumentality subject to restriction (either individually or by inclusion in the "other" country grouping), either on an item by item basis, or for all items; or
(2) Adjust the quota quantities between countries or instrumentalities, among or within items 923.20 through 923.26, inclusive, or among or within restraint periods, provided that any such adjustment does not affect the sum of all quota quantities for all items 923.20 through 923.26, inclusive, for the period June 14, 1979, through February 13, 1980.
Such modifications are to be effective on or after the date of their publication in the FEDERAL REGISTER;".
[Filed with the Office of the Federal Register, 4:27 p.m., July 11, 1979]