Sec. 2. Limitation on trade authorities procedures relating to requirements on content of goods from nonmarket economy countries
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Section 106(b) of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 ( 19 U.S.C. 4205(b) ) is amended by adding at the end the following: The trade authorities procedures shall not apply to an implementing bill submitted with respect to a trade agreement or trade agreements entered into under section 103(b) unless the rules of origin requirements under such agreement or agreements— with respect to rules of origin based on value content of a good, require that, of the content of a good qualifying for preferential treatment under the agreement or agreements that does not originate (as specified in those rules) in a country that is party to the agreement or agreements— during the 5-year period following the entry into force of the agreement or agreements, not more than 20 percent of that content may originate in a nonmarket economy country; and after the period specified in clause (i), not more than 10 percent of that content may originate in a nonmarket economy country; and with respect to rules of origin that are not based on value content of a good, are consistent with the requirements under clause
(i)based on processing requirements or tariff shifts as opposed to value content. In this paragraph, the term nonmarket economy country has the meaning given that term in section 771(18) of the Tariff Act of 1930 ( 19 U.S.C. 1677(18) ). .
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Sec. 2
Limitation on trade authorities procedures relating to requirements on content of goods from nonmarket economy countries
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