19 U.S.C. § 1352 — Equalization of costs of production
submitted 92 years ago by ch. 474 to r/title-19-CUSTOMS-DUTIES · 311 words · no verdicts yet
This section limits how specified cost-equalization rules apply to imports under foreign-trade agreements. It also provides termination rules for agreements and for the President’s authority to enter them.
(a) Imports under an agreement. Section 1336 does not apply to an article imported under a foreign-trade agreement made under this part, the Trade Expansion Act of 1962, or the Trade Act of 1974, or to a provision of such an agreement. The third paragraph of section 1311 applies to such an agreement only if it assures the United States a preferential duty on United States-produced wheat flour compared with the lowest duty the other country imposes on like flour from another country. When wheat flour is withdrawn from a bonded manufacturing warehouse for export to that country, the imported wheat used is subject to a duty equal to the assured preference. (b) Agreement termination. Every agreement under this part may be terminated, after proper notice to the foreign government, at the end of no more than three years after it takes effect, and, if not then terminated, afterward on no more than six months’ notice. (c) Presidential authority. The President’s authority to enter agreements under section 1351 ends three years after June 12, 1934.
The provisions of section 1336 of this title shall not apply to any article with respect to the importation of which into the United States a foreign-trade agreement has been concluded pursuant to this part or the Trade Expansion Act of 1962 [19 U.S.C. 1801 et seq.] or the Trade Act of 1974 [19 U.S.C. 2101 et seq.] or to any provision of any such agreement. The third paragraph of section 1311 of this title shall apply to any agreement concluded pursuant to this part or the Trade Expansion Act of 1962 or the Trade Act of 1974 to the extent only that such agreement assures to the United States a rate of duty on wheat flour produced in the United States which is preferential in respect to the lowest rate of duty imposed by the country with which such agreement has been concluded on like flour produced in any other country; and upon the withdrawal of wheat flour from bonded manufacturing warehouses for exportation to the country with which such agreement has been concluded, there shall be levied, collected, and paid on the imported wheat used, a duty equal to the amount of such assured preference.
Every foreign trade agreement concluded pursuant to this part shall be subject to termination, upon due notice to the foreign government concerned, at the end of not more than three years from the date on which the agreement comes into force, and, if not then terminated, shall be subject to termination thereafter upon not more than six months’ notice.
The authority of the President to enter into foreign trade agreements under section 1351 of this title1 shall terminate on the expiration of three years from June 12, 1934.2
Source credit: (June 12, 1934, ch. 474, § 2, 48 Stat. 944; June 16, 1951, ch. 141, § 9(a), 65 Stat. 75; Pub. L. 87–794, title II, § 257(d), Oct. 11, 1962, 76 Stat. 882; Pub. L. 93–618, title VI, § 602(a), Jan. 3, 1975, 88 Stat. 2072; Pub. L. 96–39, title XI, § 1106(h)(2), July 26, 1979, 93 Stat. 313.)
- 1934Enacted · Act of June 12, 1934, ch. 474 · 48 Stat. 944
- 1951Amended · Act of June 16, 1951, ch. 141 · 65 Stat. 75
- 1962Amended · Pub. L. 87-794 · 76 Stat. 882
- 1975Amended · Pub. L. 93-618 · 88 Stat. 2072
- 1979Amended · Pub. L. 96-39 · 93 Stat. 313
A history note hasn’t been published yet. The record shows enactment by ch. 474 on 1934-06-12.
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