ExecutiveOrdersEO
Proc 6948ProclamationClinton · D

Proclamation 6948

To Modify Provisions on Upland Cotton and for Other Purposes

This proclamation makes technical amendments to the Harmonized Tariff Schedule (HTS) to add six new subheadings for upland cotton import quotas, clarify NAFTA Article 307.2 implementation for temporary duty-free admission of repair/alteration goods, correct technical errors in four prior proclamations (6641, 6763, 6821, 6857), and clarify tobacco tariff-rate quota exclusions for hand-rolled cigarettes and chapter 98 entries.

Federal Register Open PDF 61 FR 56385

Impact dates

  1. Upland cotton purchased not later than 90 days after Secretary's quota announcement effective date

  2. Proclamation effective upon Federal Register publication

Market exposure

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

Sectors

Other industrial

Mechanisms

QuotaTariff

Role pressure

  • MixedImporter — New cotton subheadings provide administrative clarity for quota access but do not alter quota quantities; clarified tobacco exclusions may reduce quota competition for some entries
  • ProtectiveDownstream manufacturer — NAFTA Article 307.2 clarification ensures continued duty-free temporary admission for repair/alteration, reducing costs for manufacturers using cross-border servicing

Geographies

USMXCA

Illustrative public companies

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

AAPLApple

Confidence: medium · Policy alerts

Key directives

  • Insert HTS subheadings 9903.52.21 through 9903.52.26 for upland cotton quota administration
  • Modify HTS and prior proclamation annexes to correct technical errors and clarify NAFTA Article 307.2 implementation
  • Modify tobacco tariff-rate quota provisions to exclude hand-rolled cigarettes and chapter 98 entries from quota counting
  • Supersede inconsistent provisions of prior proclamations and Executive orders

Who is ordered

Timeline

Immediate

  • Proclamation effective upon Federal Register publication (October 31, 1996)
  • HTS modifications in Annex II effective on dates specified in those Annexes
  • New cotton subheadings effective upon Secretary of Agriculture's future quota announcements

Near term (90d)

  • Secretary of Agriculture may announce special cotton import quotas triggering 90-day purchase and 180-day entry deadlines

Long term

  • Ongoing administration of overlapping cotton quota periods via expanded subheading pool
  • Continued NAFTA duty-free repair/alteration admissions under clarified rules

Risks & tensions

  • Overlap of cotton quota periods remains possible despite expanded subheadings; administrative complexity persists
  • Technical corrections to prior proclamations suggest earlier implementation errors may have created trade uncertainty
  • Document does not specify exact Annex II effective dates—reader must consult annexes themselves
Proclamation 6948: To Modify Provisions on Upland Cotton and for Other Purposes · Executive Orders