Page:United States Statutes at Large Volume 70.djvu/1459

 70 STAT.]

PROCLAMATIONS—AUG. 18, 1955

C5

products described in the said item 371 (First) are, as a result in part of the duties reflecting the concessions granted thereon in the said General Agreement, being imported into the United States in such increased quantities as to cause serious injury to the domestic industry producing like or directly competitive products; 5. WHEREAS section 350(a) of the Tariff Act of 1930, as amended, authorizes the President to proclaim such modifications of existing duties as are required or appropriate to carry out any foreign trade agreement that the President has entered into under the said section 350 (a); and 6. WHEREAS I find that the modification of the concessions granted in the said General Agreement with respect to the products described in the said item 371 (First) to permit the application to such products of the duties hereinafter proclaimed is necessary to remedy the serious injury to the domestic industry producing like or directly competitive products, and that upon such modification of the concessions it will be appropriate to carry out the said General Agreement, including Article X IX thereof, to apply to the said products the rates of duty hereinafter proclaimed: NOW, THEREFORE, I, DWIGHT D. EISENHOWER, President of the United States of America, acting under the authority vested in me by section 350 of the Tariff Act of 1930, as amended, and by section 7(c) of the Trade Agreements Extension Act of 1951, and in accordance with the provisions of Article X IX of the said General Agreement, do proclaim— (a) That the said item 371 (First) shall be modified, effective after the close of business August 18, 1955, to read 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 t i r e): 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

69 Stat. i62. 19 USC 1351.

Bicycles.

48 Stat. 943; iguscilli. ?9 USC 1 0 34

Rate of duty

$1.87}^ each, b u t not less than 1H^% nor more than 22>^% ad val. $3.75 each, b u t not less than 22^^^ % nor more than 3 0 % a d val. $3 each, b u t not less than 22){% nor more than 3 0 % ad val. $1.87}^ each, b u t not less than 22)^ % nor more than 3 0 % a d val.

(b) That the products described in the said item 371 (First), as modified by paragraph (a) above, entered, or withdrawn from warehouse, for consumption after the close of business August 18, 1955, and until the President otherwise proclaims, shall be subject to the rates of duty specified in such modified item 371 (First). Proclamation No. 2761A of December 16, 1947, as amended, is ei Stat. 1103. modified accordingly.

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