Page:United States Statutes at Large Volume 102 Part 2.djvu/255

 PUBLIC LAW 100-418—AUG. 23, 1988

102 STAT. 1259

"(ii) either— "(I) no such agreement is entered into before the date that is 180 days after the date on which the President makes the determination under paragraph (I)(A) to take such action, or "(ID such an agreement that has been entered into is not being carried out or is ineffective in eliminating the threat to the national security posed by imports of such article, the President shall take such other actions as the President deems necessary to adjust the imports of such article so that such imports will not threaten to impair the national security. The President Federal shall publish in the Federal Register notice of any additional actions Register, being taken under this section by reason of this subparagraph, publication. "(B) If— "(i) clauses (i) and (ii) of subparagraph (A) apply, and "(ii) the President determines not to take any additional actions under this subsection, the President shall publish in the Federal Register such determination and the reasons on which such determination is based.". (b) REPORTS.—

(1) Subsection (e) of section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862), as redesignated by subsection (a)(2), is amended to read as follows: "(d)(1) Upon the disposition of each request, application, or motion under subsection (b), the Secretary shall submit to the Congress, and publish in the Federal Register, a report on such disposition. "(2) The President shall submit to the Congress an annual report on the operation of the provisions of this section.". (2) Section 127(c) of the Trade Act of 1974 (19 U.S.C. 1863) is repealed.

Federal Register, publication. President of U.S.

(c) ENFORCEMENT OF MACHINE TOOL IMPORT ARRANGEMENTS.—

(1) The Secretary of Commerce is authorized to request the Secretary of the Tregisury to carry out such actions as may be necessary or appropriate to ensure the attainment of the objectives of the machine tool decision of the President on May 20, 1986, and to enforce any quantitative limitation, restriction, or other terms contained in related bilateral arrangements. Such actions may include, but are not limited to, requirements that valid export licenses or other documentation issued by a foreign government be presented as a condition for the entry into the United States of assembled and unassembled machine tool products. (2) For purposes of this subsection, the term "related bilateral arrangement" means any arrangement, agreement, or understanding entered into or undertaken, or previously entered into or undertaken, by the United States and emy foreign country or customs union containing such quantitative limitations, restrictions, or other terms relating to the importation into, or exportation to, the United States of categories of assembled and unassembled machine tool products as may be necessary to implement such machine tool decision of May 20, 1986. (d) APPLICATION OF AMENDMENTS.—

19 USC 1862

(1) Except as otherwise provided under this subsection, the note, amendments made by this section shall apply with respect to investigations initiated under section 232(b) of the Trade Expansion Act of 1962 on or after the date of enactment of this Act.

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