19 U.S. Code § 1821 - Basic authority for trade agreements
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(a) Determination by President; trade agreements; modification or continuance of existing duties
Whenever the president determines that any existing duties or other import restrictions of any foreign country or the United States are unduly burdening and restricting the foreign trade of the United States and that any of the purposes stated in section 1801 of this title will be promoted thereby, the President may—
(1) after June 30, 1962, and before July 1, 1967, enter into trade agreements with foreign countries or instrumentalities thereof; and
(b) Restrictions on decrease or increase in rate of duty
Except as otherwise provided in this subchapter, no proclamation pursuant to subsection (a) of this section shall be made—
Source(Pub. L. 87–794, title II, § 201,Oct. 11, 1962, 76 Stat. 872.)
Wood-Wind and Parts of Wood-Wind Instruments
Pub. L. 90–234, § 2(b)(2),Dec. 30, 1967, 81 Stat. 752, provided that: “The amendments made by the first section of this Act, insofar as such amendments relate to items 725.24 and 726.70 of the Tariff Schedules of the United States, shall not affect the authority of the President contained in section 201(a)(2) of the Trade Expansion Act of 1962 [subsec. (a)(2) of this section].”
Dicyandiamide and Limestone: Duty-Free Entry
Duty-free treatment pursuant to this chapter of dicyandiamide in item 425.40 and limestone when imported for use in manufacture of cement in item 513.34 of the Tariff Schedules of the United States, by provision for non-application of subsec. (b)(1) of this section, see section 1823 of this title.
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