To amend the Caribbean Basin Economic Recovery Act to repeal the provisions exempting certain articles from duty-free treatment under the Act.

Amends the Caribbean Basin Economic Recovery Act to repeal the provisions exempting the following articles from duty-free treatment under the Act: (1) textile and apparel articles which are subject to textile agreements; (2) footwear not eligible for benefits under the generalized system of preferences; (3) tuna in airtight containers; (4) petroleum products; (5) certain watches and parts; and (6) leather handbags, luggage, flat goods, and work gloves to which reduced duty rates apply.