19 U.S.C. § 2904 : US Code - Section 2904: Termination and reservation authority; reciprocal nondiscriminatory treatment

Search 19 U.S.C. § 2904 : US Code - Section 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.