Proc 6821--ProclamationClinton · D Quiet signal

Proclamation 6821--

To Establish a Tariff-Rate Quota on Certain Tobacco, Eliminate Tariffs on Certain Other Tobacco, and for Other Purposes

This 1995 proclamation implements Uruguay Round trade-agreement commitments by establishing a tariff-rate quota on certain tobacco imports, eliminating duties on cigar binder/filler, wrapper, and oriental tobacco, and waiving a domestic agricultural support restriction on cigar tobacco imports. It also corrects technical errors in prior proclamations, aligns a NAFTA textile/apparel tariff heading with treaty intent, and increases beef tariff-rate quota quantities for Argentina and Uruguay upon specified approvals.

Impact dates

  1. Beef tariff-rate quota increases effective for Argentina and Uruguay upon dates specified in Annex II

  2. HTS modifications in Annex I effective for articles entered or withdrawn from warehouse for consumption

  3. Proclamation effective date; waiver of section 106(g) for cigar tobacco imports takes effect

Market exposure

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

Mechanisms

TariffQuotaSubsidy / incentive

Role pressure

  • MixedImporterTobacco importers face new tariff-rate quota constraints on certain tobacco but duty elimination on cigar binder/filler, wrapper, and oriental tobacco creates opportunities
  • AdverseDomestic producerUS tobacco growers face increased import competition via tariff-rate quota and duty eliminations; US beef producers face expanded quota competition from Argentina and Uruguay
  • ProtectiveTrading-partner exporterArgentina and Uruguay gain expanded beef quota access upon approval; certain tobacco exporters benefit from duty elimination
  • ProtectiveDownstream manufacturerCigar manufacturers benefit from eliminated duties on binder, filler, and wrapper tobacco; textile/apparel firms benefit from corrected NAFTA heading restoring intended duty-free treatment

Geographies

Exposure dates

  • Proclamation effective date; waiver of section 106(g) for cigar tobacco imports takes effect

Illustrative public companies

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

MMM3MAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarCTVACortevaFCXFreeport-McMoRanGEVGE VernovaHONHoneywellSPYSPDR S&P 500 ETFTSNTyson Foods

Confidence: medium · Policy alerts

Key directives

  • Establish tariff-rate quota on certain tobacco via HTS modification in Annex I
  • Eliminate duties on cigar binder and filler tobacco, wrapper tobacco, and oriental tobacco
  • Waive application of section 106(g) of Agricultural Act of 1949 to cigar tobacco imports
  • Modify HTS heading 9802.00.90 to align with NAFTA Appendix 2.4 to Annex 300-B
  • Increase in-quota quantity of tariff-rate quota for beef for Argentina and Uruguay upon specified dates
  • Correct technical errors in Presidential Proclamation No. 6763
  • Amend Annex I to Presidential Proclamation No. 6343 of September 28, 1991

Who is ordered

Timeline

Immediate

  • Proclamation effective September 13, 1995
  • Waiver of section 106(g) of Agricultural Act of 1949 for cigar tobacco imports takes effect
  • HTS modifications for tobacco tariff-rate quota and duty elimination take effect on dates specified in Annex I

Near term (90d)

  • Beef tariff-rate quota increases for Argentina and Uruguay upon Department of Agriculture approval and dates specified in Annex II
  • HTS technical corrections and NAFTA heading 9802.00.90 modification effective on dates in Annex II

Long term

  • Ongoing Uruguay Round Agreement implementation through modified tariff schedules
  • Permanent duty elimination for specified tobacco categories

Risks & tensions

  • Tariff-rate quota on certain tobacco may create competitive tension between domestic US tobacco growers and foreign suppliers
  • Beef quota expansion for Argentina and Uruguay could pressure US cattle producers
  • Waiver of section 106(g) removes domestic price-support linkage for cigar tobacco imports, potentially affecting domestic tobacco program mechanics
  • NAFTA textile heading correction suggests prior inadvertent narrowing may have disrupted expected supply chains; timing of correction may create adjustment for firms that adapted to erroneous narrower scope
Proclamation 6821--: To Establish a Tariff-Rate Quota on Certain Tobacco, Eliminate Tariffs on Certain Other Tobacco, and for Other Purposes · Executive Orders