Ronald Reagan

“ Accordingly, after taking into account the factors set forth in section 501 of the Trade Act, I have determined that it is appropriate to withdraw the duty-free treatment afforded under the GSP to imports from all designated beneficiary developing countries of molybdenum ore and metal-bearing materials in chief value of molybdenum, provided for in items 601.33 and 603.40, respectively, of the Tariff Schedules of the United States (TSUS) (19 U.S.C. 1202) . ”

“ Section 604 of the Trade Act authorizes the President to embody in the TSUS the substance of the relevant provisions of that Act, of other acts affecting import treatment, and of actions taken thereunder. ”