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108th CONGRESS
  1st Session
S. CON. RES. 27

 Urging the President to request the United States International Trade 
   Commission to take certain actions with respect to the temporary 
    safeguards on imports of certain steel products, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 20, 2003

 Mr. Bond (for himself, Ms. Landrieu, Mr. Hagel, and Mr. Fitzgerald) 
        submitted the following concurrent resolution; which was 
        referred to the Committee on FinanceYYYYYYYYYYYYYYYYYYYYYYYYYYY

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
 Urging the President to request the United States International Trade 
   Commission to take certain actions with respect to the temporary 
    safeguards on imports of certain steel products, and for other 
                               purposes.

Whereas, on March 5, 2002, the President, upon investigation and recommendation 
        by the United States International Trade Commission, proclaimed 
        temporary tariff increases and tariff-rate quotas on certain steel 
        imports;
Whereas neither the President nor the United States International Trade 
        Commission could have fully anticipated the positive or negative effects 
        of the temporary safeguards proclaimed on March 5, 2002;
Whereas steel-consuming manufacturers and fabricators across the United States 
        have reported that the safeguard tariffs and tariff-rate quotas have 
        contributed to substantial price increases, disrupted the availability 
        of input steel, and negatively impacted the ability of the manufacturers 
        and fabricators to compete in the global marketplace;
Whereas ports of entry across the United States have experienced losses of 
        revenue as a result of the tariff increases and the tariff-rate quotas;
Whereas both a strong domestic steel industry and a strong domestic 
        manufacturing base are vital to our national defense and economic 
        security;
Whereas section 204 of the Trade Act of 1974 requires that the United States 
        International Trade Commission ``shall monitor developments with respect 
        to the domestic industry, including the progress and specific efforts 
        made by workers and firms in the domestic industry to make a positive 
        adjustment to import competition''; and
Whereas the United States International Trade Commission is required to submit a 
        report on this monitoring to the President and Congress not later than 
        September 20, 2003: Now, therefore, be it
    Resolved by the Senate (the House of Representatives concurring), 
That Congress--
            (1) recognizes that a strong domestic steel industry and a 
        strong domestic manufacturing base are vital to national 
        defense and economic security; and
            (2) urges the President to request the United States 
        International Trade Commission, in addition to fulfilling the 
        monitoring and reporting requirements under section 204 of the 
        Trade Act of 1974, to monitor and report on the impact that 
        temporary tariff increases and tariff-rate quotas on certain 
        steel imports have had on steel-consuming industries and ports 
        of entry in the United States.
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