Page:United States Statutes at Large Volume 56 Part 2.djvu/544

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56 STAT.] URUGUAY-RECIPROCAL TRADE-JULY 21, 1942 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 the period within which the President of the United States of America is authorized to enter into trade agreements under the said section 350(a) was extended by Joint Resolutions of Congress approved March 1, 1937 and April 12, 1940 (48 Stat. 944, 50 Stat. 24, 54 Stat. 107; U.S.C ., 1940 ed., title 19, sec. 1352(c)); 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 Oriental Republic of Uruguay are unduly burdening and restricting the for- eign trade of the United States of America and that the purpose declared in the above-quoted provisions of the Tariff Act of 1930, as amended, will be promoted by a trade agreement between the United States of America and the Oriental Republic of Uruguay; WHEREAS reasonable public notice of the intention to negotiate such 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 (ommission, the l)e- partments of State, Agriculture, andl Conmmerce, and fromn other sources, I entered into a Trade Agreement on July 21, 1942, through my duly empowered Ilenipotentiary, with the President of the Oriental Republic of Uruguay, through his duly empowered Plenipo- tentiary, which Agreement, including two Schedules annexed thereto, in the English and Spanish languages, is in words and figures as follows: 65714--43 -PT. --- 34 1625