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   incremental costs in implementing control technology standards;

      (3) such  compliance may impair the  competitiveness of certain

   United  States  jobs,  production,  processes,   and  products  if

   foreign   goods  are  produced  under  less  costly  environmental

   standards and requirements than are United States goods; and

      (4) mechanisms should be sought through which the United States

   and  its  trading  partners  can  agree  to  eliminate  or  reduce

   competitive disadvantages.

   (b) Action by the President.-

      (1)  In  general.-Within  18  months  after  the  date  of  the

   enactment of the Clean Air  Act Amendments of 1990,  the President

   shall submit to the Congress a report-

         (A) identifying and evaluating the economic effects of-

           (i)  the  significant air  quality standards  and controls

         required under this Act, and

           (ii)  the  differences between  the  significant standards

         and controls  required under this  Act and similar standards

         and  controls  adopted and  enforced  by  the  major trading

         partners of the United States,

   on   the   international   competitiveness   of    United   States

manufacturers; and

         (B)  containing  a  strategy  for addressing  such  economic

      effects through trade consultations and negotiations.

      (2)  Additional  reporting  requirements.-(A)   The  evaluation

   required under  paragraph (1)(A) shall examine the extent to which

   the significant air quality standards and  controls required under

   this Act are comparable to existing internationally-agreed norms.

      (B)  The  strategy required  to  be  developed under  paragraph

   (1)(B)  shall   include   recommended   options   (such   as   the

   harmonization  of  standards  and trade  adjustment  measures) for

   reducing  or  eliminating   competitive  disadvantages  caused  by

   differences in  standards and controls  between the United  States

   and each of its major trading partners.

      (3)  Public  comment.-Interested  parties  shall  be  given  an

   opportunity  to  submit comments  regarding  the  evaluations  and

   strategy  required  in   the  report  under  paragraph   (1).  The

   President shall take  any such comment into  account in  preparing

   the report.

      (4) Interim  report.-Within  9 months  after  the date  of  the

   enactment of the Clean Air  Act Amendments of 1990,  the President

   shall  submit to  the Congress an  interim report  on the progress

   being made in complying with paragraph (1).

SEC. 812. ANALYSES OF COSTS AND BENEFITS.

   (a) Economic Impact  Analyses.-Section 312 of the Clean Air Act is

amended to read as follows:

"SEC. 312. ECONOMIC IMPACT ANALYSES.

   (a)  The Administrator,  in  consultation  with the  Secretary  of

Commerce,  the  Secretary  of Labor,  and  the  Council  on Clean  Air

Compliance  Analysis  (as established  under  subsection  (f) of  this

section), shall conduct a comprehensive analysis of the impact of this

Act  on  the public  health, economy,  and  environment of  the United

States. In performing such analysis, the Administrator should consider

the costs, benefits and other effects associated with  compliance with

each standard issued for-

      "(1)  a criteria  air pollutant  subject  to a  standard issued

   under section 109;

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