Page:United States Statutes at Large Volume 49 Part 2.djvu/1955

 RECIPROCAL TRADE-CANADA. of other acts or policies which in his opinion tend to defeat the pur- poses set forth in this section; and the proclaimed duties and other Import restrictions shall be in effect from and after such time as is specified in the proclamation. The President may at any time terminate any such proclamation in whole or in part." 3961 WHEREAS I, Franklin D. Roosevelt, President of the United States tr:J~motion of foreign of America, have found as a fact that certain existing duties and other import restrictions of the United States of America and the Dominion of Canada are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the Vol. 4il, Jl . 708; Yolo 48, Jl . 943. said Tariff Act of 1930, as amended by the said Act of June 12, 1934, will be promoted by a foreign trade agreement between the United States of America and the Dominion of Canada; WHEREAS reasonable public notice of the intention to negotiate Xoticegiven, such foreign trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; W HEREAS after seeking and obtaining information and advice Tr~e agreement en- , tered IDtO. with respect thereto from the United States Tariff Commission, the Departments of State, Agriculture, and Commerce, and from other sources, I entered into a foreign Trade Agreement on November 15, 1935, through my duly empowered Plenipotentiary, with His Majesty the King of Great Britain, Ireland and the British dominions beyond the Seas, Emperor of India, in respect of the Dominion of Canada, through his duly empowered Plenipotentiary, which Agreement, including two Schedules annexed thereto, is in words and figures as follows: The President of the United States of America and His Majesty Purposes declared. the King of Great Britain, Ireland and the British dominions beyond the Seas, Emperor of India, in respect of the Dominion of Canada, bein~ desirous of facilitating and extending the commercial relations existmg between the United States of America and Canada by grant- ing mutual and reciprocal concessions and advantages for the promo- tion of trade, have resolved to conclude a Trade Agreement as a step toward the lowering of the barriers impeding trade between their two countries, and for this purpose have through their respective Plenipotentiaries agreed upon the following Articles: ARTICLE I The United States of America and Canada will grant each other Most-favored-nation unconditional and unrestricted most-favored-nation treatment in treatment. all matters concerning customs duties and subsidiary charges of every kind and in the method of levying duties, and, further, in all matters concerning the rules, formalities and charges imposed in connection with the clearing of goods through the customs, and with respect to all laws or regulations affecting the sale or use of imported goods within the country. Accordingly, natural or manufactured products having their origin in either of the countries shall in no case be subject, in regard to the matters referred to above, to any duties, taxes or charges other or higher, or to any rules or formalities other or more burdensome, than those to which the like products having their origin in any third country are or may hereafter be subject.