U.S. note 6(a)
(a) Special Upland Cotton Import Quota Based on Northern Europe Prices.--
(i) Whenever the Secretary of Agriculture determines and announces that for any consecutive 4-week period, the Friday through Thursday average price quotation for the lowest-priced United States growth, as quoted for Middling (M) one-and-three-thirty-seconds cotton, delivered to a definable and significant international market, as determined by the Secretary, exceeds the prevailing world market price, there shall immediately be in effect a special import quota. The quota shall be equal to 1 week's consumption of upland cotton by domestic mills at the seasonally adjusted average rate of the most recent 3 months for which data are available. The aggregate quantity of cotton entered into the United States during any marketing year under the special import quota established under this subdivision may not exceed the equivalent of 10 week's consumption of upland cotton by domestic mills at the seasonally adjusted average rate of the 3 months immediately preceding the first special import quota established in any marketing year.
(ii) Application.--The quota shall apply to upland cotton purchased not later than 90 days after the effective date of the Secretary's announcement under clause(i) and entered into the United States not later than 180 days after such date.
(iii) Overlap.--A quota period may be established that overlaps any existing quota period if required by clause(i), except that a quota period may not be established under this paragraph if a quota period has been established under paragraph(b) of this note.
(iv) The Secretary of Agriculture shall inform the Secretary of the Treasury of the establishment of any special import quota under this paragraph and shall file a notice of such quota with the Federal Register .