HR 3275 · 101th Congress · Foreign Trade and International Finance
Steel Trade Liberalization Program Implementation Act
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate✓
EnactedLatest: Became Public Law No: 101-221.(1989-12-12)
Plain Language Summary
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Steel Trade Liberalization Program Implementation Act - Amends the Steel Import Stabilization Act to declare that the Congress supports the implementation of the steel trade liberalization program. Expresses the sense of the Congress that the United States Trade Representative should conduct negotiations, through the Uruguay Round of negotiations under the General Agreement on Tariffs and Trade and through complementary bilateral arrangements, to seek an international consensus regarding steel trade that provides for: (1) disciplines over trade-distorting government subsidies; (2) the lowering of trade barriers to ensure market access; and (3) enforcement measures to deal with violations of consensus obligations. Requires the President to provide the Congress an annual assessment of progress of such negotiations. Extends the Steel Import Stabilization Act for a three-year period. Authorizes the President, between October 1, 1989, and the concluding of any bilateral steel arrangement, to take necessary actions to ensure an orderly transition to such arrangement. Authorizes the Secretary of Commerce to permit the importation of additional quantities of steel products without regard t…
Summarized by Claude AI · Non-partisan · For informational purposes only