Page:United States Statutes at Large Volume 54 Part 2.djvu/1225

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [54 STAT. hereunder. No proclamation shall be made increasing or de- creasing by more than 50 per centum any existing rate of duty or transferring any article between the dutiable and free lists. The proclaimed duties and other import restrictions shall apply to articles the growth, produce, or manufacture of all foreign countries, whether imported directly, or indirectly: Provided, That the President may suspend the application to articles the growth, produce, or manufacture of any country because of its discriminatory treatment of American commerce or be- cause of other acts or policies which in his opinion tend to defeat the purposes 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." WHEREAS, pursuant to the said Tariff Act of 1930, as amended, 53 Stat 24 I entered into a Trade Agreement on November 17, 1938,1 with His Majesty the King of Great Britain, Ireland and the British do- minions beyond the Seas, Emperor of India, in respect of Canada; 53 tat.2393. WIHREAS, by my proclamation of November 25, 1938,1 I did make public the said Trade Agreement, including two Schedules annexed thereto, and in my proclamation provided that the provisions of Article VII of the said Agreement should be observed and fulfilled with good faith by the United States of America and the citizens thereof on and after January 1, 1939; WHERE.A, Article VII of the said Agreement provides as follows: "1. Articles the growth, produce or manufacture of Canada 3 stat.2378. enumerated and described in Schedule II annexed to this Agree- ment shall, on their importation into the United States of America, be exempt from ordinary customs duties in excess of those set forth and provided for in the said Schedule, subject to the conditions therein set out. The said articles shall also be exempt from all other duties, taxes, fees, charges, or exac- tions, imposed on or in connection with importation, in excess of those imposed on the day of the signature of this Agreement or required to be imposed thereafter under laws of the United States of America in force on the day of the signature of this Agreement. "2. Schedule II shall have full force and effect as an integral part of this Agreement." [Executive Agreement Series No. 149 .] 2446

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