For Immediate Release
Office of the Press Secretary
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.
(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.
GEORGE W. BUSH
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