A bill to amend the Tariff Schedules of the United States with respect to the tariff treatment accorded to technologically advanced, high precision watches and watch movements.

Revises those portions of the Tariff Schedules of the United States dealing with import requirements for wathces in order to specify marking requirements for watch movements not having a hairspring and balance wheel and for analog or digital liquid crystal displays and other technologically advanced watches. Sets forth import duties for such watches.