Ronald Reagan

“ By the President of the United States of America
A Proclamation
1. Pursuant to section 124 (a) of the Trade Act of 1974 (the Trade Act) (19 U.S.C. 2134 (a) ) , I determined that certain existing duties of the United States are unduly burdening and restricting the foreign trade of the United States and that the purposes of the Trade Act would be promoted by entering into the trade agreement identified in the third recital of this Proclamation. ”