Page:United States Statutes at Large Volume 92 Part 3.djvu/1287

 PROCLAMATION 4559—APR. 5, 1978 Proclamation 4559

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92 STAT. 3919 April 5, 1978

Modification of Temporary Quantitative Limitations on the Importation into the United States of Certain Articles of Alloy Tool Steel

By the President of the United States of America

A Proclamation 1. Proclamation No. 4445, of June 11, 1976, as modified by Proclamation No. 4477 of November 16, 1976, and Proclamation No. 4509 of June 15, 1977, imposed 19 USC 1202 quantitative restrictions on the importation of certain articles of specialty steels, and note. .Section 20:M1>)(4) of the I radc.-\ct of 1974 (the Frade Act) (19 U.S.C. 2253(h)(4)) permits the President to reduce or terminate any such relief if, after tailing into account advice received from the United States International Trade Commission (USITC) and after seeking advice from the Secretaries of Commerce and Labor, the President determines that the reduction or termination is in the national interest. 2. I have sought and received advice from the USITC and from the Secretaries of Commerce and Labor concerning the effects of reducing or terminating import relief provided by Proclamation No. 4445, as modified by Proclamation No. 4477 and Proclamation No. 4509, on steel provided for in item 923.26 of the Tariff Schedules of the United States (TSUS). I have determined, after considering that 19 USC 1202. advice, that the exclusion of certain steels provided for in item 923.26 of the TSUS, known as chipper knife steel and band saw steel, from such quantitative restrictions is in the national interest. 3. Accordingly, the purpose of this proclamation is to terminate in part Proclamation No. 4445 of June 11, 1976, as modified by Proclamation No. 4477 of November 16, 1976, and Proclamation No. 4509 of June 15, 1977, so as to exclude so-called chipper knife steel and band saw steel provided for in item 923.26, TSUS, from the present quantitative restrictions for the remainder of the restraint period which began on June 14, 1977 and the entire restraint period beginning on June 14, 1978, and to make an appropriate reduction in the quota quantities for item 923.26, TSUS, applicable to the European Economic Community and Sweden for the restraint period beginning June 14, 1978 to reflect the exclusion of so-called chipper knife steel and band saw steel. The authority for this action is set forth in section 203(h)(4) (19 U.S.C. 2253(h)(4)), and section 125(b) (19 U.S.C. 2134(b)) of the Trade Act. 19 USC 2135. NOW, THEREFORE, I, JIMMY CARTER, America, acting under the authority vested in statutes of the United States, including sections U.S.C. 2135 and 2253, respectively), do proclaim

President of the United States of me by the Constitution and the 125 and 203 of the Trade Act (19 that—

A. Subpart A, part 2, of the Appendix to the TSUS (19 U.S.C. 1202) is modified as follows: (1) by modifying headnote 2(a)(iii) to read as follows: "(iii) The term "alloy tool steel" in item 923.26 refers to alloy steel which contains the following combinations of elements in the quantity, by weight, respectively indicated: not less than 1.0^ carbon and over 11.0% chromium; or not less than 0.3% carbon and 1.25% to 11.0% inclusive chromium; or not less than 0.85% carbon and 1% to 1.8% inclusive manganese; or 0.9% to 1.2% inclusive chromium and 0.9% to 1.4% inclusive molybdenum; or not less than 0.5% carbon and not less than 3.5% molybdenum; or not less than 0.5% carbon and not less than 5.5% tungsten; but does not include the three following types of alloy tool steel which contain, in addition to iron, each of the specified elements by weight in the amounts indicated:

(» carbon: manganese:

not less than 0.95 nor more than 1.13 percent; not less than 0.22 nor more than 0.48 percent;

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