TNAG-0145-FCO40-181-Exports-of-textiles-to-United-States-of-America-1969 — Page 88

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1 decreased by the same percentage that the aggregate United

2 States domestic consumption of textile articles for that year,

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as estimated by the Secretary, will increase or decrease in 4 comparison with the aggregate United States domestic con- 5 sumption of textile articles during calendar year 1968.

6 (b) The Secretary shall reduce the aggregate value

7 limitation prescribed in subsection (a) for the textile articles

8 of a foreign country for calendar year 1970 by that amount

9 by which the aggregate value of such articles of such country

10 imported into the United States during the period July 1 11 through December 31, 1969, exceeds the value of such im-

ports into the United States from such country during the 13 period January 1 through June 30, 1969.

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(c) The Secretary, before the beginning of each calendar

year after 1969, shall determine and publish the aggregate

16 value limitation prescribed for such calendar year under this

17 section with respect to the textile articles of each foreign

18 country.

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SEC. 3. (a) Within the limitation prescribed in section

20 2 of this Act, the President may limit the quantity of textile 21 articles in any category which may be imported into the

22 United States during any calendar year after 1969 to an

amount which will bear the same ratio to the estimated

24 United States consumption of all articles in that category

25 during such calendar year that imported articles in that

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