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Code · STATUTE-COMPILATIONS · United States-Korea Free Trade Agreement Implementation Act · Sec. 333

Sec. 333. PERIOD OF RELIEF

143 words·~1 min read·/statute-compilations/comps-9623/sec-333

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## SEC. 333 PERIOD OF RELIEF ###
(a)In General Subject to subsection (b), the import relief that the President provides under section 332(b) may not be in effect for more than 2 years. ###
(b)Extension ####
(1)In general Subject to paragraph (2), the President may extend the effective period of any import relief provided under this subtitle for a period of not more than 2 years, if the President determines that— #####
(A)the import relief continues to be necessary to remedy or prevent serious damage and to facilitate adjustment by the domestic industry to import competition; and #####
(B)there is evidence that the industry is making a positive adjustment to import competition. ####
(2)Limitation Any relief provided under this subtitle, including any extensions thereof, may not, in the aggregate, be in effect for more than 4 years.
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