Sec. 3. Adjustment assistance for retaliatory tariff increases
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Section 292(c) of the Trade Act of 1974 ( 19 U.S.C. 2401a(c) ) is amended— by striking paragraphs
(2)and (3); and by inserting after paragraph
(1)the following: either— the volume of imports of articles like, or directly competitive with, the agricultural commodity produced by the group in the marketing year with respect to which the group files the petition increased compared to the average volume of such imports during the 3 marketing years preceding such marketing year; or the volume of exports of the agricultural commodity produced by the group in the marketing year with respect to which the group files the petition decreased compared to the average volume of such exports during the 3 marketing years preceding such marketing year; and the decrease in exports described in clause
(i)resulted in whole or in part from tariffs imposed on such exports by a foreign country in response to United States tariffs imposed on imports from such country pursuant to action taken under the authority of— section 232 of the Trade Expansion Act of 1962 ( 19 U.S.C. 1862 ); section 301 of the Trade Act of 1974 ( 19 U.S.C. 2411 ); or the International Emergency Economic Powers Act ( Public Law 95–223 ); and the increase in imports under subparagraph (B)(i) or the decrease in exports under subparagraph (B)(ii) contributed importantly to the decrease in the national average price, quantity of production, or value of production of, or cash receipts for, the agricultural commodity, as described in paragraph (1). .
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- Pub. L. 95-223
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Sec. 3
Adjustment assistance for retaliatory tariff increases
Pub. L.Pub. L. 95-223
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