[Code of Federal Regulations]
[Title 19, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR205.3]

[Page 69]
 
                        TITLE 19--CUSTOMS DUTIES
 
                            TRADE COMMISSION
 
PART 205--INVESTIGATIONS TO DETERMINE THE PROBABLE ECONOMIC EFFECT ON THE 
 
 Subpart A--Investigations To Determine the Probable Economic Effect of 
  Modifications of United States Duties or of Any Barrier to (or Other 
    Distortion of) International Trade on Domestic Industries and on 
                                Consumers
 
Sec.  205.3  Investigations under sections 131 and 503 of the Trade Act of 1974.

    (a) Purpose of investigations--(1) Sections 131(a)-(b) and 503(a). 
Upon the receipt of a list of articles from the President or from the 
United States Trade Representative as provided in section 131(a) or 
503(a), and in Executive Order No. 11846, as amended, which may be 
considered for modification of United States duties, or as eligible 
articles for duty-free treatment under the generalized system of 
preferences, respectively, the Commission shall initiate an 
investigation to obtain information pertinent to the fomulation of its 
advice to the President under section 131(b) with respect to such 
articles to assist him in making an informed judgment as to the impact 
which might be caused by such duty modifications or duty-free treatment 
on U.S. manufacturing, agriculture, mining, fishing, labor, and 
consumers, including whether any reductions in rates of duty should take 
place over a period longer than the minimum periods provided by section 
109(a) of the Trade Act of 1974 (88 Stat. 1985; 19 U.S.C. 2119).
    (2) Section 131(c). Upon the receipt of a request from the President 
or from the United States Trade Representative as provided in section 
131(c) and in Executive Order No. 11846, as amended, to assist him in 
his determination of whether to enter into any trade agreement under 
section 102, the Commission shall institute an investigation to obtain 
information pertinent to the formulation of its views with respect to 
the probable economic effects of modifications of any barrier to (or 
other distortion of) international trade on domestic industries and 
purchasers and on prices and quantities of articles in the United 
States.
    (b) Institution and notice of investigation. An investigation to 
which this subpart A relates will be instituted promptly after the 
receipt from the President or the United States Trade Representative of 
(1) a list of articles which may be considered for duty modifications or 
duty-free treatment, or (2) a request for an investigation and report 
concerning the probable economic effects of modifications of any barrier 
to (or other distortion of) international trade.
    (c) Hearings. Public hearings will be held in connection with every 
investigation to which this subpart A relates. For other applicable 
rules, see Sec.  201.11 of this chapter.
    (d) Report to the President. After the completion of its 
investigation, the Commission will incorporate its advice or views in a 
report which together with hearing transcripts, briefs and other 
information will be transmitted to the President through the United 
States Trade Representative.

[42 FR 40426, Aug. 10, 1977, as amended at 63 FR 29351, May 29, 1998]