Page:United States Statutes at Large Volume 102 Part 2.djvu/142

 102 STAT. 1146

PUBLIC LAW 100-418—AUG. 23, 1988 148.54

In

containers each holding more than 0.3 gallon 30^ per gal.

Free (E)

30^ per gal.

(F) by striking out "5<t per lb." in item 148.55, as redesignated by paragraph (4), and inserting in lieu thereof "2.5<t per lb."; and (G) by striking out item 148.57, as redesignated by paragraph (4), and inserting in lieu thereof the following new items with the superior heading having the same degree of indentation as the article description in item 148.40:

148.57

148.58

Otherwise preftared or preserved: If entered in any calendar year before 550 metric tons of olives have been entered under this item in such calendar year 2M per lb. Other 5i per lb.

Free(E) Free(E)

5^ per lb. 5t per lb.

(6) Items 161.06 and 161.08 are each amended by striking out "16% ad val." and inserting in lieu thereof " 8 % ad val.". (7) Item 161.71 is amended by striking out "2$ per lb." and inserting in lieu thereof "1.35<|; per lb.". (8) Item 167.15 is amended by striking out "3<^ per gal." and inserting in lieu thereof "1.5<|; per gal.". (9)(A) Item 176.29 is amended by striking out "3.8$ per lb. on contents and container" and inserting in lieu thereof "2.28$ per lb. on contents and container.". (B) Item 176.30 is amended by striking out "2.6<}; per lb." and inserting in lieu thereof "1.56<|; per lb.", (d) REPORT.—The Trade Representative shall include in the semiannual report submitted under section 309(3) of the Trade Act of 1974 an assessment of whether the European Communities are in compliance with the agreement referred to in subsection (a). SEC. 1123. EXTENSION OF INTERNATIONAL COFFEE AGREEMENT ACT OF 1980.

19 USC 1356k note.

22 USC 5304 note.

(a) EXTENSION.—Section 2 of the International Coffee Agreement Act of 1980 (19 U.S.C. 1356k) is amended by striking out "October 1, 1986" and inserting "October 1, 1989". (b) EFFECTIVE DATE.—The amendment made by subsection (a) shall take effect January 1, 1987. SEC. 1124. NEGOTIATIONS ON CURRENCY EXCHANGE RATES.

(a) FINDINGS.—The Congress finds that— (1) the benefit of trade concessions can be adversely affected by misalignments in currency, and (2) misalignments in currency caused by government policies intended to maintain an unfair trade advantage tend to nullify and impair trade concessions. (b) NEGOTIATIONS.—Whenever, in the course of negotiating a trade agreement under this subtitle, the President is advised by the Secretary of the Treasury that a foreign country that is a party to the negotiations satisfies the criteria for initiating bilateral currency negotiations listed in section 3004(b) of this Act, the Secretary

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