[Federal Register Volume 67, Number 169 (Friday, August 30, 2002)]
[Presidential Documents]
[Pages 56207-56210]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-22502]



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Part X





The President





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Proclamation 7585--To Implement an Agreement Regarding Imports of Line 
Pipe Under Section 203 of the Trade Act of 1974
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  Federal Register / Vol. 67, No. 169 / Friday, August 30, 2002 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 56207]]

                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(f)), 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.

[[Page 56208]]

                    (2) Any provision of previous proclamations and 
                Executive Orders that is inconsistent with the actions 
                taken in this proclamation is superseded to the extent 
                of the inconsistency.
                    (3) The modifications to the HTS made by this 
                proclamation shall be effective with respect to goods 
                entered, or withdrawn from warehouse for consumption, 
                on or after 12:01 a.m. eastern daylight time, on 
                September 1, 2002, and shall continue in effect as 
                provided in subchapter III of chapter 99 of the HTS, 
                unless such actions are earlier expressly modified or 
                terminated. Effective at the close of March 1, 2004, or 
                such other date that is 1 year from the close of the 
                safeguard measure, the modifications to the HTS 
                established in this proclamation and by Proclamation 
                7274 shall be deleted from the HTS.

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                twenty-eighth day of August, in the year of our Lord 
                two thousand two, and of the Independence of the United 
                States of America the two hundred and twenty-seventh.

                    (Presidential Sig.)B

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[FR Doc. 02-22502
Filed 8-29-02; 11:34 am]

Billing code 3190-01-C