Grant of authority for termination or withdrawal at end of period specified in agreement
Every trade agreement entered into under this chapter shall be subject to termination, in whole or in part, or withdrawal, upon due notice, at the end of a period specified in the agreement. Such period shall be not more than 3 years from the date on which the agreement becomes effective. If the agreement is not terminated or withdrawn from at the end of the period so specified, it shall be subject to termination or withdrawal thereafter upon not more than 6 months’ notice.
Authority to terminate proclamations at any time
The President may at any time terminate, in whole or in part, any proclamation made under this chapter.
Increased duties or other import restrictions following withdrawal, suspension, or modification of obligations with respect to trade of foreign countries or instrumentalities
section 1821 of this titlesection 1351 of this titleWhenever the United States, acting in pursuance of any of its rights or obligations under any trade agreement entered into pursuant to this chapter, , or , withdraws, suspends, or modifies any obligation with respect to the trade of any foreign country or instrumentality thereof, the President is authorized to proclaim increased duties or other import restrictions, to the extent, at such times, and for such periods as he deems necessary or appropriate, in order to exercise the rights or fulfill the obligations of the United States. No proclamation shall be made under this subsection increasing any existing duty to a rate more than 50 percent above the rate set forth in rate column numbered 2 of the Tariff Schedules of the United States, as in effect on , or 20 percent ad valorem above the rate existing on , whichever is higher.
Retaliatory authority
Continuation of duties or other import restrictions after termination of or withdrawal from agreements
section 1821 of this titlesection 1351 of this titleDuties or other import restrictions required or appropriate to carry out any trade agreement entered into pursuant to this chapter, , or shall not be affected by any termination, in whole or in part, of such agreement or by the withdrawal of the United States from such agreement and shall remain in effect after the date of such termination or withdrawal for 1 year, unless the President by proclamation provides that such rates shall be restored to the level at which they would be but for the agreement. Within 60 days after the date of any such termination or withdrawal, the President shall transmit to the Congress his recommendations as to the appropriate rates of duty for all articles which were affected by the termination or withdrawal or would have been so affected but for the preceding sentence.
Public hearings
Before taking any action pursuant to subsection (b), (c), or (d), the President shall provide for a public hearing during the course of which interested persons shall be given a reasonable opportunity to be present, to produce evidence, and to be heard, unless he determines that such prior hearings will be contrary to the national interest because of the need for expeditious action, in which case he shall provide for a public hearing promptly after such action.
Pub. L. 93–618, title I, § 12588 Stat. 1991(, , .)
Editorial Notes
References in Text
Pub. L. 93–61888 Stat. 1978section 2101 of this titleThis chapter, referred to in subsecs. (b), (c), (e), was in the original “this Act”, meaning , , , which is classified principally to this chapter. For complete classification of this Act to the Code, see References in Text note set out under and Tables.
section 3012 of this titlesection 1202 of this titleThe Tariff Schedules of the United States, referred to in subsec. (c), to be treated as a reference to the Harmonized Tariff Schedule pursuant to . The Harmonized Tariff Schedule is not set out in the Code. See Publication of Harmonized Tariff Schedule note set out under .
Statutory Notes and Related Subsidiaries
Authority To Increase Duties on Imports of Certain Tobacco and Tobacco Products
Pub. L. 103–465, title IV, § 421108 Stat. 4964
In General .—
Effective Date .—
Tariff Reductions Under Trade Agreements Act of 1979
Pub. L. 96–39, title V, § 502(b)93 Stat. 251
Pub. L. 96–39, title VI, § 601(b)93 Stat. 268
section 855(a) of Pub. L. 96–39section 1202 of this titlesection 852 of Pub. L. 96–39section 855(b) of Pub. L. 96–39Rates of duty proclaimed under (covering spirits, spiritous beverages, and beverage preparations) to be deemed, for purposes of this section, a trade agreement obligation which is of benefit to a foreign country or instrumentality, and, in the case of any item affected by such a proclamation, the last sentence of subsec. (c) of this section to be applied as if it authorized (in addition to any increase authorized therein) an increase up to the rate of duty for such item set forth in rate column numbered 1 of subpart D of part 12 of schedule 1 of the Tariff Schedules of the United States (see Publication of Tariff Schedules note under ) as amended by , see .
Review of International Trade in Alcoholic Beverages
Pub. L. 96–39, title VIII, § 85493 Stat. 294