§ 1311. Bonded manufacturing warehouses

• (1) the total amount of customs duties paid or owed on the materials on importation into the United States, or
• (2) the total amount of customs duties paid on the article to the country. 1 If Canada ceases to be a country 1 and the suspension of the operation of the United States-Canada Free-Trade Agreement thereafter terminates, no article manufactured in a bonded warehouse, except to the extent that such article is made from an article that is a drawback eligible good under section 204(a) of the United States-Canada Free-Trade Agreement Implementation Act of 1988, may be withdrawn from such warehouse for exportation to Canada during the period such Agreement is in operation without payment of a duty on such imported merchandise in its condition, and at the rate of duty in effect, at the time of importation. No article manufactured in a bonded warehouse from materials that are goods subject to Chile FTA drawback, as defined in section 203(a) of the United States-Chile Free Trade Agreement Implementation Act, may be withdrawn from warehouse for exportation to Chile without assessment of a duty on the materials in their condition and quantity, and at their weight, at the time of importation into the United States. The duty shall be paid before the 61st day after the date of exportation, except that the duty may be waived or reduced by—
• (1) 100 percent during the 8-year period beginning on January 1, 2004 ;
• (2) 75 percent during the 1-year period beginning on January 1, 2012 ;
• (3) 50 percent during the 1-year period beginning on January 1, 2013 ; and
• (4) 25 percent during the 1-year period beginning on January 1, 2014 .