Ronald Reagan,
Proclamation 5805
“ Pursuant to subsections 501 (1) and (4) , 502 (c) (2) , and sections 504 and 604 of the Trade Act of 1974, as amended (the Trade Act) (19 U.S.C. 2461 (1) and (4) , 2462 (c) (2) , 2464, and 2483) , I have determined that it is appropriate to terminate the preferential tariff treatment under the Generalized System of Preferences (GSP) for articles that are currently eligible for such treatment and that are imported from Hong Kong, the Republic of Korea, Singapore, and Taiwan. ”
