Extension of nondiscriminatory trade treatment
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(a) Sense of Congress (1) In general It is the sense of the Congress that— (A) the United States should promote democratic change and economic reform by normalizing trade relations with Cuba; and (B) upon the enactment of this Act, it will no longer be necessary for the United States to continue to use article XXI of the GATT 1994 with respect to Cuba, understanding that the President retains full authority to invoke article XXI of the GATT 1994 and comparable provisions in other Uruguay Round Agreements in the future in all appropriate circumstances. (2) Definitions In this subsection, the terms GATT 1994 and Uruguay Round Agreements have the meanings given those terms in section 2 of the Uruguay Round Agreements Act (19 U.S.C. 3501). (b) Extension of nondiscriminatory treatment to the products of Cuba (1) Harmonized tariff schedule amendments Subdivision (b) of general note 3 of the Harmonized Tariff Schedule of the United States is amended— (A) by striking to section 401 of the Tariff Classification Act of 1962,; and (B) by striking Cuba. (2) Repeal of Section 401 of the Tariff Classification Act of 1962 Section 401 of the Tariff Classification Act of 1962 (Public Law 87–456; 76 Stat. 78) is repealed. (3) Termination of application of title IV of the Trade Act of 1974 to Cuba (A) Extension of nondiscriminatory treatment Nondiscriminatory treatment (normal trade relations treatment) shall apply to the products of Cuba. (B) Termination of application of title IV Title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.) shall cease to apply to Cuba. (4) Effective date This section, and the amendments made by this section, shall apply with respect to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act. (c) Report to Congress The President shall submit to Congress, not later than 18 months after the date of the enactment of this Act, a report on trade relations between the United States and Cuba.