Page:United States Statutes at Large Volume 54 Part 2.djvu/650

 54 STAT.] TURKEY-RECIPROCAL TRADE-APR. 1, 1939 1871 or such continuance, and for such minimum periods, of existing customs or excise treatment of any article covered by foreign trade agreements, as are required or appropriate to carry out any foreign trade agreement that the President has entered into 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 because 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 I, Franklin D. Roosevelt, President of the United States of America, have found as a fact that certain existing duties and other import restrictions of the United States of America and the Turkish Republic are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the said Tariff Act of 1930, as amended by the said Act of June 12, 1934, as 19 U. - sC. i 1351- extended by the said Joint Resolution of Congress, approved March 1 35 22. . 1, 1937, will be promoted by a foreign trade agreement between the United States of America and the Turkish Republic; WHEREAS reasonable public notice of the intention to negotiate such foreign trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; WHEREAS, after seeking and obtaining information and advice with respect thereto from the United States Tariff Commission, the De- partments of State, Agriculture, and Commerce, and from other sources, I entered into a foreign Trade Agreement on April 1, 1939, through my duly empowered Plenipotentiaries, with the President of the Turkish Republic, through his duly empowered Plenipotentiaries, which Agreement, including two Schedules annexed thereto, in the English and Turkish languages, is in words and figures as follows: TRADE AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE TURKISH REPUBLIC The President of the United States of America and the President of the Turkish Republic, being desirous of strengthening the traditional bonds of friendship and of extending commercial relations between the two countries by granting mutual and reciprocal concessions and Purpose declared.

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