[Code of Federal Regulations]
[Title 15, Volume 2]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR340.7]

[Page 57-58]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
 CHAPTER III--INTERNATIONAL TRADE ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 340_MODIFICATION OF THE TARIFF RATE QUOTA LIMITATION ON WORSTED 
WOOL FABRIC IMPORTS--Table of Contents
 
Sec.  340.7  Determination.

    (a) Based on information obtained, including information on market 
conditions obtained pursuant to the monitoring required under Section 
504(a) of the Act, the Department shall consider the following United 
States market conditions as required by Section 504(b)(2) of the Act:
    (1) Increases or decreases in sales of the domestically-produced 
Worsted Wool Fabrics used in the manufacture of Worsted Wool Suits, 
Suit-Type Jackets and Trousers;
    (2) Increases or decreases in domestic production of such Worsted 
Wool Fabrics;
    (3) Increases or decreases in domestic production and consumption of 
Worsted Wool Suits, Suit-Type Jackets and Trousers;
    (4) The ability of domestic producers of Worsted Wool Fabrics to 
meet the needs of domestic manufacturers of Worsted Wool Suits, Suit-
Type Jackets and Trousers in terms of quantity and the ability to meet 
market demands for the apparel items;
    (5) Evidence that domestic manufacturers of Worsted Wool Fabrics 
used in the manufacture of Worsted Wool Suits, Suit-Type Jackets and 
Trousers have lost sales due to the temporary duty reductions on certain 
fabrics of worsted wool under the Tariff Rate Quota;
    (6) Evidence that domestic manufacturers of Worsted Wool Suits, 
Suit-Type Jackets and Trousers have lost sales due to the inability to 
purchase adequate supplies of worsted wool fabrics on a cost competitive 
basis; and
    (7) Price per square meter of imports and domestic sales of Worsted 
Wool Fabrics.
    (b) Not later than 30 calendar days after the end of the comment 
period provided for in Sec.  340.4(a), and on the basis of its 
consideration of the market conditions set forth in paragraph (a) of 
this section and other relevant factors, and using the facts available, 
the Department will determine whether the limitations on the quantity of 
imports under the Tariff Rate Quotas should be

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modified and recommend to the President that appropriate modifications 
be made. Consistent with section 504(b)(3)(B) of the Act, such 
modification shall not exceed 1,000,000 square meter equivalents for 
each of the Tariff Rate Quotas.

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