19 U.S.C. § 2461 : US Code - Section 2461: Authority to extend preferences

Search 19 U.S.C. § 2461 : US Code - Section 2461: Authority to extend preferences

The President may provide duty-free treatment for any eligible
article from any beneficiary developing country in accordance with
the provisions of this subchapter. In taking any such action, the
President shall have due regard for -
(1) the effect such action will have on furthering the economic
development of developing countries through the expansion of
their exports;
(2) the extent to which other major developed countries are
undertaking a comparable effort to assist developing countries by
granting generalized preferences with respect to imports of
products of such countries;
(3) the anticipated impact of such action on United States
producers of like or directly competitive products; and
(4) the extent of the beneficiary developing country's
competitiveness with respect to eligible articles.