§ 2904. — Termination and reservation authority; reciprocal nondiscriminatory treatment.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 19USC2904]
TITLE 19--CUSTOMS DUTIES
CHAPTER 17--NEGOTIATION AND IMPLEMENTATION OF TRADE AGREEMENTS
Sec. 2904. Termination and reservation authority; reciprocal
nondiscriminatory treatment
(a) In general
For purposes of applying sections 2135, 2136(a), and 2137 of this
title--
(1) any trade agreement entered into under section 2902 of this
title shall be treated as an agreement entered into under section
2111 or 2112, as appropriate, of this title; and
(2) any proclamation or Executive order issued pursuant to a
trade agreement entered into under section 2902 of this title shall
be treated as a proclamation or Executive order issued pursuant to a
trade agreement entered into under section 2112 of this title.
(b) Reciprocal nondiscriminatory treatment
(1) The President shall determine, before June 1, 1993, whether any
major industrial country has failed to make concessions under trade
agreements entered into under section 2902(a) and (b) of this title
which provide competitive opportunities for the commerce of the United
States in such country substantially equivalent to the competitive
opportunities, provided by concessions made by the United States under
trade agreements entered into under section 2902(a) and (b) of this
title, for the commerce of such country in the United States.
(2) If the President determines under paragraph (1) that a major
industrial country has not made concessions under trade agreements
entered into under section 2902(a) and (b) of this title which provide
substantially equivalent competitive opportunities for the commerce of
the United States, the President shall, either generally with respect to
such country or by article produced by such country, in order to restore
equivalence of competitive opportunities, recommend to the Congress--
(A) legislation providing for the termination or denial of the
benefits of concessions of trade agreements entered into under
section 2902(a) and (b) of this title that have been made with
respect to rates of duty or other import restrictions imposed by the
United States, and
(B) legislation providing that any law necessary to carry out
any trade agreement under section 2902(a) or (b) of this title not
apply to such country.
(3) For purposes of this subsection, the term ``major industrial
country'' means Canada, the European Communities, the individual member
countries of the European Communities, Japan, and any other foreign
country designated by the President for purposes of this subsection.
(Pub. L. 100-418, title I, Sec. 1105, Aug. 23, 1988, 102 Stat. 1132.)
