Page:United States Statutes at Large Volume 94 Part 3.djvu/1123

 PROCLAMATION 4768—JUNE 28, 1980

94 STAT. 3767

7. In the case of each d e c r e a s e in duty, including those of the type specified in clause (a] or (b) of the sixth recital of this proclamation, which involves the determination of the ad valorem equivalent of a specific or compound rate of duty, and in the case of each modification in the form of a n import duty, the United States International Trade Commission has determined, pursuant to Section 601(4) of the Trade Act of 1974 (19 U.S.C. 2481(4)], in a c c o r d a n c e with Section 4(e) of Executive Order No. 11846 of March 27, 1975 (3 CFR 1971-1975 Comp. 973), and at my direction, the ad valorem 19 USC 2111 note. equivalent of the specific or compound rate, on the basis of the value of imports of the article concerned during a period determined by it to b e representative, utilizing, to the extent practicable, the standard s of valuation contained in Sections 402 and 402a of the Tariff Act of 1930 (19 U.S.C. 1401a and 1402) applicable to the article during such representative period. 8. Pursuant to the Trade Act of 1974 and the Trade Agreements Act of 1979, 19 USC 2101. I determine that each modification or continuance of existing duties or other import restrictions and each continuance of existing duty-free or excise treatment hereinafter proclaimed is required or appropriate to carry out the trade agreements identified in the third recital of this proclamation or the Agreement on Implementation of Article VII of the General Agree 61 Stat. A25; ment on Tariffs and Trade. 8 UST 1770. NOW. THEREFORE. I. JIMMY CARTER, President of the United States of America, acting under the authority vested in me by the Constitution and the statutes, including but not limited to Title I and Section 604 of the Trade Act of 1974, Section 2 and Titles II and V of the Trade Agreements Act of 19 USC 21111, 1979, and Section 301 of Title 3 of the United States Code, do proclaim that: 2483. 19 USC 2503; (l)(a) The valuation standard s amendments m a d e by Title II of the Trade 93 Stat. 194, 250. Agreements Act of 1979 (93 Stat. 194 et seq.) to Sections 402 and 402a of the Tariff Act of 1930 (19 U.S.C. 1401a and 4102), and, (b) subject to the provisions of the General Agreement, of the Geneva (1979) Protocol, of other agreements supplemental to the General Agreement, of the other agreements identified in recitals 3 and 4, and of United States Law (including but not limited to provisions for more favorable treatment),— (i) the modification or continuance of existing duties or other import restrictions, and (ii) the continuance of existing duty-free or excise treatment provided for in these agreements and in trade agreements legislation, shall become effective on or after July 1, 1980, as provided for herein. (2) To this end— (a) The amendments m a d e by Title II of the Trade Agreements Act of 1979 (93 Stat. 194 et seq.), except amendments m a d e by section 223(b), shall b e effective with respect to articles exported to the United States on and after July 1, 1980: (b) The TSUS is modified a s provided in A n n e x e s II, III and IV of this proclamation; (c) The modifications to the TSUS m a d e by Sections A and C of A n n e x II, and Section A of A n n e x III, of this proclamation shall be effective with respect to articles exported to the United States on and after the effective dates specified in those a n n e x e s; (d) The modifications to the TSUS m a d e by Sections B, D and E of A n n e x II. Section B of A n n e x III, and Sections A and B of A n n e x IV, of this proclamation shall b e effective with respect to articles entered, or w i t h d r a w n

98 Stat. 204.

45 FR 45189, 45218, 45229.

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