Page:United States Statutes at Large Volume 70.djvu/1458

 C4

PROCLAMATIONS—AUG. 18, 1955

[70 STAT.

MODIFICATION OF TRADE AGREEMENT CONCESSIONS AND ADJUSTMENT IN RATES OF D U T Y W I T H RESPECT TO BICYCLES August 18, 1955 [No. 3108]

BY THE P R E S I D E N T OF THE UNITED STATES OF AMERICA

A PROCLAMATION

1 USC 1351. 9

1. WHEREAS, under the authority vested in him by the Constitution and the statutes, including section 350(a) of the Tariff Act of 1930, as amended, the President on October 30, 1947, entered into a trade agreement with certain foreign countries, which trade agreement consists of the General Agreement on Tariffs and Trade and the related Protocol of Provisional Application thereof, together with the Final Act Adopted at the Conclusion of the Second Session of the Preparatory Committee of the United Nations Conference on Trade and Employment (61 Stat. (Parts 5 and 6) A7, A l l, and A2050), and, by Proclamation No. 2761A of December 16, 1947 (61 Stat. 1103), proclaimed such modifications of existing duties and other import restrictions of the United States and such continuance of existing customs or excise treatment of articles imported into the United States as were then found to be required or appropriate to carry out the said trade agreement on and after January 1, 1948; 2. WHEREAS item 371 (First) in Part I of Geneva-Schedule X X annexed to the said General Agreement (61 Stat. (Part 5) A1213) reads as follows: Tariff Act of 1930, paragraph

371

Description of Products

Bicycles with or without tires, having wheels in diameter (measured to the outer circumference of the tire): Over 25 inches: If weighing less than 36 pounds complete without accessories and not designed for use with tires having a cross-sectional diameter exceeding 1% inches

Other

Over 19 b u t not over 25 inches Not over 19 inches

61 Stat. 1103.

19 USC 1 6 34

Rate of duty

$1.25 each, b u t not less than 7}^% nor more than 1 5 % a d val. $2.50 each, b u t not less than 1 5 % nor more than 3 0 % ad val. $2 each, b u t not less than 1 5 % nor more than 3 0 % a d val. $1.25 each, b u t not less than 1 5 % nor more than 3 0 % ad val.

3. WHEREAS, in accordance with Article II of the said General Agreement and by virtue of the said Proclamation No. 2761 A, the United States customs treatment of the products described in the said item 371 (First) is the application to such products of the rates of duty specified in the column designated "Rate of D u t y " in the said iteni 371 (First), which treatment reflects the concessions granted in the said General Agreement with respect to such products; 4. WHEREAS the United States Tariff Commission has submitted to me its report of an investigation, including a hearing, under section 7 of the Trade Agreements Extension Act of 1951, as amended (65 S^^^- "^2; 67 Stat. 472), on the basis of which it has found that the

�