Page:United States Statutes at Large Volume 55 Part 2.djvu/514

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INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [55 STAT. 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 coun- tries, 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 discrimi- natory 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, pursuant to the said Tariff Act of 1930, as amended, I entered into a foreign Trade Agreement on November 17, 1938, with His Majesty the King of Great Britain, Ireland and the British dominions beyond the Seas, Emperor of India, in respect of Canada, which Agreement I did proclaim and make public by my proclama- tions of November 25, 1938 and June 17, 1939; [1] WHEREAS, Article VII of the said Agreement provides as follows: "1. Articles the growth, produce or manufacture of Canada 53 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 condi- tions therein set out. The said articles shall also be exempt from all other duties, taxes, fees, charges, or exactions, 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 149; 53 Stat. 2348.] 1388