Page:United States Statutes at Large Volume 116 Part 4.djvu/862

 116 STAT. 3290 PROCLAMATION 7585-AUG. 28, 2002 Proclamation 7585 of August 28, 2002 To Implement an Agreement Regarding Imports of Line Pipe Under Section 203 of the Trade Act of 1974 By the President of the United States of America A Proclamation 1. On February 18, 2000, pursuant to section 203 of the Trade Act of 1974, as amended (the "Trade Act") (19 U.S.C. 2253), the President issued Proclamation 7274, which imposed additional duties on certain circular welded carbon quality line pipe (line pipe) provided for in subheadings 7306.10.10 and 7306.10.50 of the Harmonized Tariff Schedule of the United States (HTS) (safeguard measure) for a period of 3 years plus 1 day, with the first 9000 short tons of imports that are the product of each supplying country excluded from the increased duty during each year, and with annual reductions in the rate of duty in the second and third years. 2. Section 203(a)(3)(E) of the Trade Act (19 U.S.C. 2253(a)(3)(E)) authorizes the President to negotiate, conclude, and carry out agreements with foreign countries limiting the export from foreign countries and the import into the United States of an imported article with regard to which the U.S. International Trade Commission has made an affirmative finding regarding serious injury, or the threat thereof. Section 203(f)(1) of the Trade Act (19 U.S.C. 2253(f)(1)) authorizes the President, if action under section 203 takes effect with regard to an imported article, to negotiate agreements of the type described in subsection (a)(3)(E) and, after such agreements take effect, suspend or terminate, in whole or in part, any action previously taken. 3. The United States Trade Representative, pursuant to sections 141(c)(1)(C) and 203(f)(1) of the Trade Act (19 U.S.C. 2171(c)(1)(C) and 2253(f)(1)), negotiated an agreement with the Republic of Korea (Agreement) limiting the export from Korea and import into the United States of line pipe through the imposition of a tariff-rate quota, to take effect on September 1, 2002. The agreement was signed on July 29, 2002. 4. Pursuant to sections 203(a)(3)(E) and 203(f) of the Trade Act (19 U.S.C. 2253(a)(3)(E) and 2253(^), I am replacing the additional duties and 9000 short ton exclusion applicable to imports of line pipe from Korea with a tariff-rate quota, on a quarterly basis, to take effect beginning on September 1, 2002. 5. Section 604 of the Trade Act (19 U.S.C. 2483) authorizes the President to embody in the HTS the substance of the relevant provisions of that Act, and of other acts affecting import treatment, and actions thereunder, including the removal, modification, continuance, or imposition of any rate of duty or other import restriction. NOW, THEREFORE, I, GEORGE W. BUSH, President of the United States of America, acting under the authority vested in me by the Constitution and the laws of the United States, including but not limited to sections 203 and 604 of the Trade Act, do proclaim that: (1) In order to establish a tariff-rate quota to carry out the Agreement, subchapter III of chapter 99 of the HTS is modified as provided in the Annex to this proclamation.

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