Source: http://www.law.cornell.edu/uscode/text/19/4031?quicktabs_8=0
Timestamp: 2014-08-30 18:16:36
Document Index: 227099579

Matched Legal Cases: ['§ 4031', '§ 4031', '§ 4031', '§ 201', '§ 2461', '§ 2701']

19 U.S. Code § 4031 - Tariff modifications | LII / Legal Information Institute
U.S. Code › Title 19 › Chapter 26 › Subchapter II › § 4031 19 U.S. Code § 4031 - Tariff modifications
Tariff modifications provided for in the Agreement (1)
Proclamation authority The President may proclaim—
as the President determines to be necessary or appropriate to carry out or apply articles 3.3, 3.5, 3.6, 3.21, 3.26, 3.27, and 3.28, and Annexes 3.3, 3.27, and 3.28 of the Agreement.
Effect on GSP status Notwithstanding section 502(a)(1) of the Trade Act of 1974 (19 U.S.C. 2462
(a)(1)), the President shall terminate the designation of each CAFTA–DR country as a beneficiary developing country for purposes of title V of the Trade Act of 1974 [19 U.S.C. 2461 et seq.] on the date the Agreement enters into force with respect to that country.
Effect on CBERA status (A)
In general Notwithstanding section 212(a) of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2702
(a)), the President shall terminate the designation of each CAFTA–DR country as a beneficiary country for purposes of that Act [19 U.S.C. 2701 et seq.] on the date the Agreement enters into force with respect to that country.
Exception Notwithstanding subparagraph (A), each such country shall be considered a beneficiary country under section 212(a) of the Caribbean Basin Economic Recovery Act [19 U.S.C. 2702
(a)], for purposes of—
sections 1677
(7)(H) of this title;
the duty-free treatment provided under paragraph 12 of Appendix I of the General Notes to the Schedule of the United States to Annex 3.3 of the Agreement; and
(h)(6)(B) of title 26.
Other tariff modifications Subject to the consultation and layover provisions of section 4014 of this title, the President may proclaim—
such modifications as the United States may agree to with a CAFTA–DR country regarding the staging of any duty treatment set forth in Annex 3.3 of the Agreement,
as the President determines to be necessary or appropriate to maintain the general level of reciprocal and mutually advantageous concessions provided for by the Agreement.
Conversion to ad valorem rates For purposes of subsections (a) and (b), with respect to any good for which the base rate in the Schedule of the United States to Annex 3.3 of the Agreement is a specific or compound rate of duty, the President may substitute for the base rate an ad valorem rate that the President determines to be equivalent to the base rate.
(Pub. L. 109–53, title II, § 201,Aug. 2, 2005, 119 Stat. 467.)
The Trade Act of 1974, referred to in subsec. (a)(2), is Pub. L. 93–618, Jan. 3, 1975, 88 Stat. 1978, as amended. Title V of the Act is classified generally to subchapter V (§ 2461 et seq.) of chapter 12 of this title. For complete classification of this Act to the Code, see section 2101 of this title and Tables.
The Caribbean Basin Economic Recovery Act, referred to in subsec. (a)(3)(A), is title II of Pub. L. 98–67, Aug. 5, 1983, 97 Stat. 384, as amended, which is classified principally to chapter 15 (§ 2701 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2701 of this title and Tables.