Page:United States Statutes at Large Volume 54 Part 2.djvu/777

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [54 STAT. 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. "(b) Nothing in this section shall be construed to prevent the application, with respect to rates of duty established under this section pursuant to agreements with countries other than Cuba, of the provisions of the treaty of commercial reciprocity concluded between the United States and the Republic of Cuba 33 Btat. 2M38 . on December 11, 1902, or to preclude giving effect to an exclusive agreement with Cuba concluded under this section, modifying the existing preferential customs treatment of any article the growth, produce, or manufacture of Cuba: Provided, That the duties payable on such an article shall in no case be increased or decreased by more than 50 per centum of the duties now payable thereon." WHEREAS, pursuant to the said Tariff Act of 1930, as amended, an exclusive and preferential Trade Agreement was entered into between the United States of America and the Republic of Cuba on s§tat. 86u. August 24, 1934, which Agreement I did make public by my procla- mation of August 24, 1934, and which Agreement is now in force between the two countries; 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 Republic of Cuba are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the said 4s stat. 93; stat. Tariff Act of 1930, as amended by the said Act of June 12, 1934, as i9u. . c.a 135l- extended by the said Joint Resolution of Congress, approved March 1, 1354; Supp. V, § 132. Ante. p. 10. 1937, will be promoted by a trade agreement to supplement and amend the exclusive and preferential Trade Agreement entered into between the United States of America and the Republic of Cuba on August 24, 1934; WHEBEAS, reasonable public notice of the intention to negotiate such supplementary trade agreement was given and the views pre- sented by persons interested in the negotiation of such agreement were ceived and considered , 1998

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