Page:United States Statutes at Large Volume 104 Part 1.djvu/693

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PUBLIC LAW 101-382—AUG. 20, 1990 104 STAT. 659 "(A) assembled or processed in whole of fabricated components that are a product of the United States, or "(B) processed in whole of ingredients (other than water) that are a product of the United States, in a beneficiary country; and "(ii) neither the fabricated components, materials or ingredients, after exportation from the United States, nor the article itself, before importation into the United States, enters the commerce of any foreign country other than a beneficiary country. As used in this paragraph, the term 'beneficiary country' means a country listed in general note 3(c)(v)(A).". (b) EFFECTIVE DATE. —The amendments made by subsection (a) applies with respect to goods assembled or processed abroad that are entered on or after October 1, 1990. SEC. 223. RULES OF ORIGIN FOR PRODUCTS OF BENEFICIARY COUNTRIES. (a) ITC INVESTIGATION.— (1) The United States International Trade Commission shall immediately undertake, pursuant to section 332(g) of the Tariff Act of 1930, an investigation for the purpose of assessing whether revised rules of origin for products of countries designated as beneficiary countries under the Caribbean Basin Rjonomic Recovery Act are appropriate. If the Commission makes an affirmative assessment, it shall develop recommended revised rules of origin. (2) The Commission shall submit a report on the results of the Reports, investigation under paragraph (1), together with the text of recommended rules, if any, to the President and the Congress no later than 9 months after the date of the enactment of this Act. (b) LEGISLATIVE RECOMMENDATIONS. —If the President considers President of U.S. that the implementation of revised rules of origin for products of beneficiary countries would be appropriate, the President shall transmit to the Congress suggested legislation containing such rules of origin. In formulating such suggested legislation, the President shall— (1) take into account the report and recommended rules submitted under subsection (a); and (2) obtain the advice of— (A) the appropriate advisory committees established under section 135 of the Trade Act of 1974, (B) the governments of the beneficiary countries, (C) the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate, and (D) other interested parties. SEC. 224. CUMULATION INVOLVING BENEFICIARY COUNTRY PRODUCTS UNDER THE COUNTERVAILING AND ANTIDUMPING DUTY LAWS. (a) MATERIAL INJURY.— Section 771(7)(C)(iv) of the Tariff Act of 1930 (19 U.S.C. 1677(7)(C)(iv)) is amended to read as follows: " (iv) CUMULATION. — "(I) IN GENERAL.—For purposes of clauses (i) and (ii) and subject to subclause (II), the Commission shall cumulatively assess the volume and effect of