19 U.S.C. § 1352 : US Code - Section 1352: Equalization of costs of production

Search 19 U.S.C. § 1352 : US Code - Section 1352: Equalization of costs of production

(a) Application to importation of articles under foreign-trade
agreement
The provisions of section 1336 of this title shall not apply to
any article with respect to the importation of which into the
United States a foreign-trade agreement has been concluded pursuant
to this part or the Trade Expansion Act of 1962 [19 U.S.C. 1801 et
seq.] or the Trade Act of 1974 [19 U.S.C. 2101 et seq.] or to any
provision of any such agreement. The third paragraph of section
1311 of this title shall apply to any agreement concluded pursuant
to this part or the Trade Expansion Act of 1962 or the Trade Act of
1974 to the extent only that such agreement assures to the United
States a rate of duty on wheat flour produced in the United States
which is preferential in respect to the lowest rate of duty imposed
by the country with which such agreement has been concluded on like
flour produced in any other country; and upon the withdrawal of
wheat flour from bonded manufacturing warehouses for exportation to
the country with which such agreement has been concluded, there
shall be levied, collected, and paid on the imported wheat used, a
duty equal to the amount of such assured preference.
(b) Termination of foreign trade agreement
Every foreign trade agreement concluded pursuant to this part
shall be subject to termination, upon due notice to the foreign
government concerned, at the end of not more than three years from
the date on which the agreement comes into force, and, if not then
terminated, shall be subject to termination thereafter upon not
more than six months' notice.
(c) Termination of authority of President
The authority of the President to enter into foreign trade
agreements under section 1351 of this title shall terminate on June
30, 1958.