§ 332. DETERMINATION AND PROVISION OF RELIEF.

350 words·~2 min read·/usc/title-19/section-332

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Determination.— In general .— If a positive determination is made under section 331(b), the President shall determine whether, as a result of the reduction or elimination of a duty under the Agreement, a Korean textile or apparel article is being imported into the United States in such increased quantities, in absolute terms or relative to the domestic market for that article, and under such conditions as to cause serious damage, or actual threat thereof, to a domestic industry producing an article that is like, or directly competitive with, the imported article.

Serious damage .— In making a determination under paragraph (1), the President— shall examine the effect of increased imports on the domestic industry, as reflected in changes in such relevant economic factors as output, productivity, utilization of capacity, inventories, market share, exports, wages, employment, domestic prices, profits, and investment, no one of which is necessarily decisive; and shall not consider changes in technology or consumer preference as factors supporting a determination of serious damage or actual threat thereof.

Provision of Relief.— In general .— If a determination under subsection

(a)is affirmative, the President may provide relief from imports of the article that is the subject of such determination, as provided in paragraph (2), to the extent that the President determines necessary to remedy or prevent the serious damage and to facilitate adjustment by the domestic industry. Nature of relief .— The relief that the President is authorized to provide under this subsection with respect to imports of an article is— the suspension of any further reduction provided for under Annex 2-B of the Agreement in the duty imposed on the article; or an increase in the rate of duty imposed on the article to a level that does not exceed the lesser of— the column 1 general rate of duty imposed under the HTS on like articles at the time the import relief is provided; or the column 1 general rate of duty imposed under the HTS on like articles on the day before the date on which the Agreement enters into force [ Mar. 15, 2012 ].