02/01/1983
https://www.presidency.ucsb.edu...
"Graduating these economies may also enable other less developed countries to benefit more fully from the GSP program."
"All four have achieved an impressive level of economic development and competitiveness, which can be sustained without the preferences provided by the program."
"It's time we gave that power to all future Presidents."
"I am hereby providing notice of my intent to remove Hong Kong, the Republic of Korea, Singapore, and Taiwan from their status as beneficiaries of the GSP program as of January 2, 1989."