; or and inserting a period; (B) in the matter preceding subclause (I), by striking a quantity of the article—(I) having an appraised value and inserting a quantity of the article having an appraised value ; and (C) by striking subclause (II). (b) Applicability (1) In general The amendments made by subsection (a) shall take effect on the date of the enactment of this Act. (2) Restoration of duty-free treatment (A) List required Not later than 120 days after the date of the enactment of this Act, the President shall— (i) list each article with respect to which such treatment was eliminated pursuant to subsection (c) of section 503 of the Trade Act of 1974, as in effect on December 31, 2020, that is eligible for such treatment pursuant to such section 503 as amended by this Act