ExecutiveOrdersEO
DetDeterminationClinton · D

Presidential Determination

Presidential Determination on Renewal of Trade Agreement With the Republic of Belarus

President Clinton determined that Belarus satisfactorily reciprocated U.S. tariff and nontariff barrier reductions from multilateral negotiations, authorizing renewal of trade agreement benefits under the Trade Act of 1974. The U.S. Trade Representative was directed to publish this determination in the Federal Register.

Federal Register Open PDF 61 FR 49935

Impact dates

  1. Federal Register publication

  2. Determination effective; USTR authorized to publish

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Other industrialSteel & aluminumOil & gasChemicals

Mechanisms

Tariff

Role pressure

  • ProtectiveImporter — Belarusian goods continue to receive favorable tariff treatment, reducing import costs
  • AdverseDomestic producer — Continued reciprocal access exposes US producers to Belarusian competition without elevated tariffs
  • ProtectiveTrading-partner exporter — Belarusian exporters retain access to US market on favorable terms

Geographies

USOTHER

Exposure dates

  • — Determination effective; USTR authorized to publish

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MALBAlbemarleAAAlcoaAAPLAppleBASFYBASFCATCaterpillarCENXCentury AluminumLNGCheniere EnergyCVXChevronCLFCleveland-CliffsCOPConocoPhillipsCTVACortevaDOWDowDDDuPontXOMExxon MobilFCXFreeport-McMoRanGEVGE VernovaHONHoneywellLYBLyondellBasellNUENucorSHELShellSPYSPDR S&P 500 ETFSQMSQMTSLATesla

Confidence: medium · Policy alerts

Key directives

  • Determine that Belarus satisfactorily reciprocates U.S. tariff/nontariff barrier reductions
  • Authorize and direct USTR to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Determination takes effect upon signing (March 7, 1996)
  • USTR authorized to publish in Federal Register

Near term (90d)

  • Federal Register publication (occurred September 23, 1996)

Long term

  • Continued trade agreement benefits for Belarus
  • Ongoing reciprocal tariff reductions under multilateral framework

Risks & tensions

  • Document does not specify duration of renewal or conditions for future revocation
  • Reciprocity determination is subjective and could be contested by domestic competitors
Presidential Determination: Presidential Determination on Renewal of Trade Agreement With the Republic of Belarus · Executive Orders