UNITED24 - Make a charitable donation in support of Ukraine!

Weapons of Mass Destruction (WMD)

USIS Washington File

18 May 2000

Text: Amendment to H.R. 4444 on China PNTR Import Surge Protection

(China imports to be monitored)  (4840)
Representative Bill Archer (Republican of Texas), chairman of the
House Ways and Means Committee, introduced an Amendment in the nature
of a substitute to H.R. 4444 May 17 in the markup for the legislation
that would grant China permanent Normal Trade Relations (NTR) status.
The Amendment still has the United States President determining that
China should no longer be subject to Chapter 1 of Title IV of the
Trade Act of 1974, and proclaiming "the extension of
non-discriminatory treatment (normal trade relations treatment) to the
products of that country."
It would also amend the Trade Act of 1974 to provide relief from
market disruption caused by Chinese imports into the United States.
The Amendment passed the committee by a vote of 34-4.
Following is the text of the Amendment:
(begin text)
AMENDMENT IN THE NATURE OF A SUBSTITUTE TO H.R.4444 OFFERED BY MR.
ARCHER
Strike all after the enacting clause and insert the following:
SECTION 1. TERMINATION OF APPLICATION OF TITLE IV OF THE TRADE ACT OF
1974 TO THE PEOPLE'S REPUBLIC OF CHINA.
(a) PRESIDENTIAL DETERMINATIONS AND EXTENSION OF NONDISCRIMINATORY
TREATMENT. --Notwithstanding any provision of chapter 1 of title IV of
the Trade Act of 1974 (19 U.S.C. 2431 et seq.), as designated by
section 3 (a)(2) of this Act, the President may --
(1) determine that such chapter should no longer apply to the People's
Republic of China; and
(2) after making a determination under paragraph (1) with respect to
the People's Republic of China, proclaim the extension of
nondiscriminatory treatment (normal trade relations treatment) to the
products of that country.
(b) ACCESSION OF THE PEOPLE'S REPUBLIC OF CHINA TO THE WORLD TRADE
ORGANIZATION. -- Prior to making the determination provided for in
subsection (a)(1) and pursuant to the provisions of section 122 of the
Uruguay Round Agreements Act (19 U.S.C. 3532), the President shall
transmit a report to Congress certifying that the terms and conditions
for the accession of the People's Republic of China to the World Trade
Organization are at least equivalent to those agreed between the
United States and the People's Republic of China on November 15, 1999.
SEC. 2. EFFECTIVE DATE.
(a) EFFECTIVE DATE OF NONDISCRIMINATORY TREATMENT. -- The extension of
nondiscriminatory treatment pursuant to section 1(a)(1) shall be
effective no earlier than the effective date of the accession of the
People's Republic of China to the World Trade Organization.
(b) TERMINATION OF APPLICABILITY OF TITLE IV. -- On and after the
effective date under subsection (a) of the extension of
nondiscriminatory treatment to the products of the People's Republic
of China, chapter 1 of title IV of the Trade Act of 1974 (as
designated by section 3(a)(2) of this Act) shall cease to apply to
that country.
SEC. 3. RELIEF FROM MARKET DISRUPTION.
(a) IN GENERAL. -- Title IV of the Trade Act of 1974 (19 U.S.C. 2431
et seq.) is amended --
(1) in the title heading, by striking "Currently";
(2) by inserting before section 401 the following:
"Chapter 1 -- Trade Relations With Certain Countries"; and
(3) by adding at the end the following new chapter:
"Chapter 2 -- Relief From Market Disruption to Industries and
Diversion of Trade to the United States Market
"SEC. 421. ACTION TO ADDRESS MARKET DISRUPTION.
"(a) PRESIDENTIAL ACTION. -- If a product of the People's Republic of
China is being imported into the United States in such increased
quantities or under such conditions as to cause or threaten to cause
market disruption to the domestic producers of a like or directly
competitive product, the President shall, in accordance with the
provisions of this section, proclaim increased duties or other import
restrictions with respect to such product, to the extent and for such
period as the President considers necessary to prevent or remedy the
market disruption.
"(b) INITIATION OF AN INVESTIGATION. -- (l) Upon the filing of a
petition by an entity described in section 202(a) of the Trade Act of
1974 (19 U.S.C. 2252(a)), upon the request of the President or the
United States Trade Representative (in this subtitle referred to as
the 'Trade Representative'), upon resolution of either the Committee
on Ways and Means of the House of Representatives, or the Committee on
Finance of the Senate (in this subtitle referred to as the
'Committees') or on its own motion, the United States International
Trade Commission (in this subtitle referred to as the 'Commission')
shall promptly make an investigation to determine whether products of
the People's Republic of China are being imported into the United
States in such increased quantities or under such conditions as to
cause or threaten to cause market disruption to the domestic producers
of like or directly competitive products.
"(2) The limitations on investigations set forth in section 202(h)(1)
of the Trade Act of 1974 (19 U.S.C. 2252(h)(1)) shall apply to
investigations conducted under this section.
"(3) The provisions of subsections (a)(8) and (i) of section 202 of
the Trade Act of 1974 (19 U.S.C. 2252(a)(8) and (i)), relating to
treatment of confidential business information, shall apply to
investigations conducted under this section.
"(4) Whenever a petition is filed, or a request or resolution is
received, under this subsection, the Commission shall transmit a copy
thereof to the President, the Trade Representative, the Committee on
Ways and Means of the House of Representatives, and the Committee of
Finance of the Senate, except that in the case of confidential
business information, the copy may include only non-confidential
summaries of such information.
"(5) The Commission shall publish notice of the commencement of any
proceeding under this subsection in the Federal Register and shall,
within a reasonable time thereafter, hold public hearings at which the
Commission shall afford interested parties an opportunity to be
present, to present evidence, to respond to the presentations of other
parties, and otherwise to be heard.
"(C) MARKET DISRUPTION. -- (1) For purposes of this section, market
disruption exists whenever imports of an article like or directly
competitive with an article produced by a domestic industry are
increasing rapidly, either absolutely or relatively, so as to be a
significant cause of material injury, or threat of material injury, to
the domestic industry.
"(2) For purposes of paragraph (1), the term 'significant cause'
refers to a cause which contributes significantly to the material
injury of the domestic industry, but need not be equal to or greater
than any other cause.
"(d) FACTORS IN DETERMINATION. -- In determining whether market
disruption exists, the Commission shall consider objective factors,
including --
"(1) the volume of imports of the product which is the subject of the
investigation;
"(2) the effect of imports of such product on prices in the United
States for like or directly competitive articles; and
"(3) the effect of imports of such product on the domestic industry
producing like or directly competitive articles.
The presence or absence of any factor under paragraph (1), (2), or (3)
is not necessari1v dispositive of whether market disruption exists.
"(e) TIME FOR COMMISSION DETERMINATIONS. -- The Commission shall make
and transmit to the President and the Trade Representative its
determination under subsection (b)(1) at the earliest practicable
time, but in no case later than 60 days (or 90 days in the case of a
petition requesting relief under subsection (i)) after the date on
which the petition is filed, the request or resolution is received, or
the motion is adopted, under subsection (b). If the Commissioners
voting are equally divided with respect to its determination, then the
determination agreed upon by either group of Commissioners may be
considered by the President and the Trade Representative as the
determination of the Commission.
"(f) RECOMMENDATIONS OF COMMISSION ON PROPOSED REMEDIES. -- If the
Commission makes an affirmative determination under subsection (b), or
a determination which the President or the Trade Representative may
consider as affirmative under subsection (e), the Commission shall
propose the amount of increase in, or imposition of, any duty or other
import restrictions necessary to prevent or remedy the market
disruption. Only those members of the Commission who agreed to the
affirmative determination under subsection (b) are eligible to vote on
the proposed action to prevent or remedy market disruption. Members of
the Commission who did not agree to the affirmative determination may
submit, in the report required under subsection (g), separate views
regarding what action, if any, should be taken to prevent or remedy
market disruption.
"(g) RFPORT BY COMMISSION. -- (1) Not later than 20 days after a
determination under subsection (b) is made, the Commission shall
submit a report to the President and the Trade Representative.
"(2) The Commission shall include in the report required under
paragraph (1) the following:
"(A) The determination made under subsection (b) and an explanation of
the basis for the determination.
"(B) If the determination under subsection (b) is affirmative, or may
be considered by the President or the Trade Representative as
affirmative under subsection (e), the recommendations of the
Commission on proposed remedies under Subsection (f) and an
explanation of the basis for each recommendation.
"(C) Any dissenting or separate views by members of the Commission
regarding the determination and any recommendation referred to in
subparagraphs (A) and (B).
"(D) A description of -- 
"(i) the short- and long-term effects that implementation of the
action recommended under subsection (f) is likely to have on the
petitioning domestic industry, on other domestic industries, and on
consumers; and
"(ii) the short- and long-term effects of not taking the recommended
action on the petitioning domestic industry, its workers, and the
communities where production facilities of such industry are located,
and on other domestic industries.
"(3) The Commission, after submitting a report to the President under
paragraph (1), shall promptly make it available to the public (but
shall not include confidential business information) and cause a
summary thereof to be published in the Federal Register.
"(h) OPPORTUNITY TO PRESENT VIEWS AND EVIDENCE ON PROPOSED MEASURE AND
RECOMMENDATION TO THE PRESIDENT. -- (1) Within 20 days after receipt
of the Commission's report under subsection (g) (or 15 days in the
case of an affirmative preliminary determination under subsection
(i)(1)(B)), the Trade Representative shall publish in the Federal
Register notice of any measure proposed by the Trade Representative to
be taken pursuant to subsection (a) and of the opportunity, including
a public hearing, if requested, for importers, exporters, and other
interested parties to submit their views and evidence on the
appropriateness of the proposed measure and whether it would be in the
public interest.
"(2) Within 55 days after receipt of the report under subsection (g)
(or 35 days in the case of an affirmative preliminary determination
under subsection (i)(1)(B)), the Trade Representative, taking into
account the views and evidence received under paragraph (1) on the
measure proposed by the Trade Representative, shall make a
recommendation to the President concerning what action, if any, to
take to prevent or remedy the market disruption.
"(i) CRITICAL CIRCUMSTANCES. -- (1) When a petition filed under
subsection (b) alleges that critical circumstances exist and requests
that provisional relief be provided under this subsection with respect
to the product identified in the petition, the Commission shall, not
later than 45 days after the petition containing the request is filed
--
"(A) determine whether delay in taking action under this section would
cause damage to the relevant domestic industry which would be
difficult to repair; and
"(B) if the determination under subparagraph (A) is affirmative, make
a preliminary determination of whether imports of the product which is
the subject of the investigation have caused or threatened to cause
market disruption.
If the Commissioners voting are equally divided with respect to either
of its determinations, then the determination agreed upon by either
group of Commissioners may be considered by the President and the
Trade Representative as the determination of the Commission.
"(2) On the date on which the Commission completes its determinations
under paragraph (1), the Commission shall transmit a report on the
determinations to the President and the Trade Representative,
including the reasons for its determinations. If the determinations
under Paragraph (1) are affirmative, or may be considered by the
President or the Trade Representative as affirmative under paragraph
(1), the Commission shall include in its report its recommendations on
proposed provisional measures to be taken to prevent or remedy the
market disruption. Only those members of the Commission who agreed to
the affirmative determinations under paragraph (1) are eligible to
vote on the proposed provisional measures to prevent or remedy market
disruption. Members of the Commission who did not agree to the
affirmative determinations may submit, in the report, dissenting or
separate views regarding the determination and any recommendation of
provisional measures referred to in this paragraph.
"(3) If the determinations under paragraph (1) are affirmative, or may
be considered by the President or the Trade Representative as
affirmative under paragraph (1), the Trade Representative shall,
within 10 days after receipt of the Commission's report, determine the
amount or extent of provisional relief that is necessary to prevent or
remedy the market disruption and shall provide a recommendation to the
President on what provisional measures, if any, to take.
"(4)(A) The President shall determine whether to provide provisional
relief and proclaim such relief, if any, within 10 days after receipt
of the recommendation from the Trade Representative.
"(B) Such relief may take the form of -- 
"(i) the imposition of or increase in any duty;
"(ii) any modification, or imposition of any quantitative restriction
on the importation of an article into the United States; or
"(iii) any combination of actions under clauses (i) and (ii).
"(C) Any provisional action proclaimed by the President pursuant to a
determination of critical circumstances shall remain in effect not
more than 200 days.
"(D) Provisional relief shall cease to apply upon the effective date
of relief proclaimed under subsection (a), upon a decision by the
President not to provide such relief, or upon a negative determination
by the Commission under subsection (b).
"(J) AGREEMENTS WITH THE PEOPLE'S REPUBLIC OF CHINA. -- (1) The Trade
Representative is authorized to enter into agreements for the People's
Republic of China to take such action as necessary to prevent or
remedy market disruption, and should seek to conclude such agreements
before the expiration of the 60-day consultation period provided for
under the product-specific safeguard provision of the Protocol of
Accession of the People's Republic of China to the WTO, which shall
commence not later than 5 days, after the Trade Representative
receives an affirmative determination provided for in subsection (e)
or a determination which the Trade Representative considers to be an
affirmative determination pursuant to subsection (e).
"(2) If no agreement is reached with the People's Republic of China
pursuant to consultations under paragraph (1), or if the President
determines than an agreement reached pursuant to such consultations is
not preventing or remedying the market disruption at issue, the
President shall provide import relief in accordance with subsection
(a).
"(k) STANDARD FOR PRESIDENTIAL ACTION -- (1) Within 15 days after
receipt of a recommendation from the Trade Representative under
subsection (h) on the appropriate action, if any, to take to prevent
or remedy the market disruption, the President shall provide import
relief for such industry pursuant to subsection (a), unless the
President determines that provision of such relief is not in the
national economic interest of the United States or, in extraordinary
cases, that the taking of action pursuant to subsection (a) would
cause serious harm to the national security of the United States.
"(2) The President may determine under paragraph (1) that providing
import relief is not in the national economic interest of the United
States only if the President finds that the taking of such action
would have an adverse impact on the United States economy clearly
greater than the benefits of such action.
"(1) PUBLICATION OF DECISION AND REPORTS -- (1) The President's
decision, including the reasons therefor and the scope and duration of
any action taken, shall be published in the Federal Register.
"(2) The Commission shall promptly make public any report transmitted
under this section, but shall not make public any information which
the Commission determines to be confidential, and shall publish notice
of such report in the Federal Register.
"(m) EFFECTIVE DATE OF RELIEF. -- Import relief under this section
shall take effect not later than 15 days after the President's
determination to provide such relief.
"(n) MODIFICATIONS OF RELIEF. -- (1) At any time after the end of the
6-month period beginning on the date on which relief under subsection
(m) first takes effect, the President may request that the Commission
provide a report on the probable effect of the modification,
reduction, or termination of the relief provided on the relevant
industry. The Commission shall transmit such report to the President
within 60 days of the request.
"(2) The President may, after receiving a report from the Commission
under paragraph (1), take such action to modify, reduce, or terminate
relief that the President determines is necessary to continue to
prevent or remedy the market disruption at issue.
"(3) Upon the granting of relief under subsection (k), the Commission
shall collect such data as is necessary to allow it to respond rapidly
to a request by the President under paragraph (1).
"(o) EXTENSION OF ACTION. (1) Upon request of the President, or upon
petition on behalf of the industry concerned filed with the Commission
not earlier than the date which is 9 months, and not later than the
date which is 6 months, before the date any relief provided under
subsection (k) is to terminate, the Commission shall investigate to
determine whether action under this section continues to be necessary
to prevent or remedy market disruption.
"(2) The Commission shall publish notice of the commencement of any
proceeding under this subsection in the Federal Register and shall,
within a reasonable time thereafter, hold a public hearing at which
the Commission shall afford interested parties and consumers an
opportunity to be present, to present evidence, and to respond to the
presentations of other parties and consumers, and otherwise to be
heard.
"(3) The Commission shall transmit to the President a report on its
investigation and determination under this subsection not later than
60 days before the action under subsection (m) is to terminate.
"(4) The President, after receiving an affirmative determination from
the Commission under paragraph (3), may extend the effective period of
any action under this section if the President determines that the
action continues to be necessary to prevent or remedy the market
disruption.
"SEC. 422. ACTION IN RESPONSE TO TRADE DIVERSION.
"(a) MONITORING BY CUSTOMS SERVICE. -- In any case in which a WTO
member other than the United States requests consultations with the
People's Republic of China under the product-specific safeguard
provision of the Protocol of Accession of the People's Republic of
China to the World Trade Organization, the Trade Representative shall
inform the United States Customs Service, which shall monitor imports
into the United States of those products of Chinese origin that are
the subject of the consultation request. Data from such monitoring
shall promptly be made available to the Commission upon request by the
Commission.
"(b) INITIATION OF INVESTIGATION. -- (1) Upon the filing of a petition
by an entity described in section 202 (a) of the Trade Act of 1974,
upon the request of the President or the Trade Representative, upon
resolution of either of the Committees, or on its own motion, the
Commission shall promptly make an investigation to determine whether
an action described in subsection (c) has caused, or threatens to
cause, a significant diversion of trade into the domestic market in
the United States.
"(2) The Commission shall publish notice of the commencement of any
proceeding under this subsection in the Federal Register and shall,
within a reasonable time thereafter, hold public hearings at which the
Commission shall afford interested parties an opportunity to be
present, to present evidence, to respond to the presentations of other
parties, and otherwise to be heard.
"(3) The provisions of subsections (a)(8) and (i) of section 202 of
the Trade Act of 1974 (19 U.S.C. 2252(a)(8) and (i)), relating to
treatment of confidential business information, shall apply to
investigations conducted under this section.
"(c) ACTIONS DESCRIBED. -- An action is described in this subsection
if it is an action --
"(1) by the People's Republic' of China to prevent or remedy market
disruption in a WTO member other than the United States;
"(2) by a WTO member other than the United States to withdraw
concessions under the WTO Agreement or otherwise to limit imports to
prevent or remedy market disruption;
"(3) by a WTO member other than the United States to apply a
provisional safeguard within the meaning of the product-specific
safeguard provision of the Protocol of Accession of the People's
Republic of China to the WTO; or
"(4) any combination of actions described in paragraphs (1) through
(3).
"(d) BASIS FOR DETERMINATION OF SIGNIFICANT DIVERSION. -- (1) In
determining whether significant diversion or the threat thereof exists
for purposes of this section, the Commission shall take into account,
to the extent such evidence is reasonably available --
"(A) the monitoring conducted under subsection (a);
"(B) the actual or imminent increase in United States market share
held by such imports from the People's Republic of China;
"(C) the actual or imminent increase in volume of such imports into
the United States;
"(D) the nature and extent of the action taken or proposed by the WTO
member concerned;
"(E) the extent of exports from the People's Republic of China to that
WTO member and to the United States;
"(F) the actual or imminent changes in exports to that WTO member due
to the action taken or proposed;
"(G) the actual or imminent diversion of exports from the People's
Republic of China to countries other than the United States;
"(H) cyclical or seasonal trends in import volumes into the United
States of the products at issue; and
"(I) conditions of demand and supply in the United States market for
the products at issue.
The presence or absence of any factor under any of subparagraphs (A)
through (I) is not necessarily dispositive of whether a significant
diversion of trade or the threat thereof exists.
"(2) For purposes of making its determination, the Commission shall
examine changes in imports into the United States from the People's
Republic of China since the time that the "WTO member announced the
commencement of the investigation that led to a request for
consultations described in subsection (a).
"(3) If more than 1 action by a WTO member or WTO members against a
particular product is identified in the petition, request, or
resolution under subsection (b) or during the investigation, the
Commission may cumulatively assess the actual or likely effects of
such actions jointly in determining whether a significant diversion of
trade exists.
"(e) COMMISSION DETERMINATION; AGREEMENT AUTHORITY. -- (1) The
Commission shall make and transmit to the President and the Trade
Representative its determination under subsection (b) at the earliest
practicable time, but in no case later than 45 days after the date on
which the petition is filed, the request or resolution is received, or
the motion is adopted, under subsection (b). If the Commissioners
voting are equally divided with respect to its determination, then the
determination agreed upon by either group of Commissioners may be
considered by the President and the Trade Representative as the
determination of the Commission
"(2) The Trade Representative is authorized to enter into agreements
for the People's Republic of China to take such action as necessary to
prevent or remedy significant trade diversion into the domestic market
in the United States, and should seek to conclude such agreements
before the expiration of the 60-day consultation period provided for
under the product-specific safeguard provision of the Protocol of
Accession of the People's Republic of China to the WTO, which shall
commence not later than 5 days after the Trade Representative receives
an affirmative determination provided for in paragraph (1) or a
determination which the trade Representative considers to be an
affirmative determination pursuant to paragraph (1).
"(3) REPORT BY COMMISSION --
"(A) Not later than 10 days after a determination under subsection
(b), is made, the Commission shall submit a report to the President
and the Trade Representative.
"(B) The Commission shall include in the report required under
subparagraph (A) the following:
"(i) The determination made under subsection (b) and an explanation of
the basis for the determination.
"(ii) If the determination under subsection (b) is affirmative, or may
be considered by the President or the Trade Representative as
affirmative under subsection (e)(1), the recommendations of the
Commission on increased tariffs or other import restrictions to be
imposed to prevent or remedy the trade diversion or threat thereof,
and explanations of the bases for such recommendations. Only those
members of the Commission who agreed to the affirmative determination
under subsection (b) are eligible to vote on the proposed action to
prevent or remedy the trade diversion or threat thereof.
"(iii) Any dissenting or separate views by members of the Commission
regarding the determination and any recommendation referred to in
clauses (i) and (ii).
"(iv) A description of --
"(I) the short- and long-term effects that implementation of the
action recommended under clause (ii) is likely to have on the
petitioning domestic industry, on other domestic industries, and on
consumers, and
"(II) the short- and long-term effects of not taking the recommended
action on the petitioning domestic industry, its workers and the
communities where production facilities of such industry are located,
and on other domestic industries.
"(C) The Commission, after submitting a report to the President under
subparagraph (A), shall promptly, make it available to the public
(with the exception of confidential business information) and cause a
summary thereof to be published in the Federal Register.
"(f) PUBLIC COMMENT. -- If consultations fail to lead to an agreement
with the People's Republic of China or the WTO member concerned within
60 days, the Trade Representative shall promptly publish notice in the
Federal Register of any proposed action to prevent or remedy the trade
diversion, and provide an opportunity for interested persons to
present views and evidence on whether the proposed action is in the
public interest.
"(g) RECOMMENDATIION TO THE PRESIDENT. -- Within 20 days after the end
of consultations pursuant to subsection (e), the Trade Representative
shall make a recommendation to the President on what action, if any,
should be taken to prevent or remedy the trade diversion or threat
thereof.
"(h) PRESIDENTIAL ACTION. -- Within 20 days after receipt of the
recommendation from the Trade Representative, the President shall
determine what action to take to prevent or remedy the trade diversion
or threat thereof.
"(i) DURATION OF ACTION. -- Action taken under subsection (h) shall be
terminated not later than 30 days after expiration of the action taken
by the WTO member or members involved against imports from the
People's Republic of China.
"(j) Review Of Circumstances. -- (1) The Commission shall review the
continued need for action taken under subsection (h) if the WTO member
or members involved notify the Committee on Safeguards of the WTO of
any modification in the action taken by them against the People's
Republic of China pursuant to consultation referred to in subsection
(a). The Commission shall, not later than 60 days after such
notification, determine whether a significant diversion of trade
continues to exist and report its determination to the President. The
President shall determine, within 15 days after receiving the
Commission's report, whether to modify, withdraw, or keep in place the
action taken under subsection (h).
"SEC. 423, REGULATIONS; TERMINATION OF PROVISION.
"(a) TO CARRY OUT RESTRICTIONS AND MONITORING. -- The President shall
by regulation provide for the efficient and fair administration of any
restriction proclaimed pursuant to the subtitle and to provide for
effective monitoring of imports under section 422 (a).
"(b) To CARRY OUT AGREEMENTS. -- To carry out an agreement concluded
pursuant to consultations under section 421(j) or 422(e)(2), the
President is authorized to prescribe regulations governing the entry
or withdrawal from warehouse of articles covered by such agreement.
"(c) TERMINATION DATE. -- This subtitle and any regulations issued
under this subtitle shall cease to be effective 12 years after the
date of entry into force of the Protocol of Accession of the People's
Republic of China to the WTO."
"(b) CONFORMING AMENDMENT. -- The table on contents of the Trade Act
of 1974 is amended --
(1) in the item relating to title IV, by striking "CURRENTLY";
(2) by inserting before the item relating to section 401 the
following:
"CHAPTER 1 -- TRADE RELATIONS WITH CERTAIN COUNTRIES"; and 
(3) by adding after the item relating to section 409 the following:
"CHAPTER 2 -- RELIEF FROM MARKET DISRUPTION TO INDUSTRIES AND
DIVERSION OF TRADE TO THE UNITED STATES MARKET
"Sec. 421. Action to address market disruption.
"Sec. 422. Action in response to trade diversion.
"Sec. 423. Regulations; termination of provision."
SEC. 4. AMENDMENT TO SECTION 123 OF THE TRADE ACT OF 1974 --
COMPENSATION AUTHORITY
Section 123(a)(1) of the Trade Act of 1974 (19 U.S.C. 2133(a)(1)) is
amended by inserting after "title III" the following; ", or under
chapter 2 of title IV of the Trade Act of 1974".
(end text)
(Distributed by the Office of International Information Programs, U.S.
Department of State. Web site: http://usinfo.state.gov)



NEWSLETTER
Join the GlobalSecurity.org mailing list