Fulfillment of the objectives and commitments in the Memorandum of Understanding is of critical importance.
Ronald Reagan
The Public Record
Ronald Wilson Reagan was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. A member of the Republican Party, he previously held the office of governor of California from 1967 to 1975. Reagan's presidency is noted for significant tax cuts, a strong anti-communist foreign policy, and the deregulation of various industries. His administration also faced challenges such as the Iran-Contra affair and economic issues, including inflation and unemployment.
I am authorizing the Secretary of Commerce to determine when the Government of Canada begins to collect the export charge.
Subpart B of part 1 of Schedule 2 of the Tariff Schedules of the United States is modified, with respect to products of Canada imported into the United States by adding an additional duty of 15 percent ad valorem to those products listed…
I have decided that expeditious action is required, and to increase temporarily the rates of duty on imports from Canada of the softwood lumber products.
This agreement will enhance the ability of our softwood lumber industry to compete by negating the impact of Canadian provincial practices which the U.S. Department of Commerce preliminarily determined to be subsidies.
The temporary surcharge I have declared is necessary to prevent an increase in exports of certain softwood lumber products from Canada.
I have determined today, pursuant to Section 301 of the Trade Act of 1974, that the inability of the Government of Canada to collect an export charge on exports of certain softwood lumber products to the United States of America until at…