The President’s Authority to Adjust Sugar Quotas

The President, pursuant to an executive agreement codified in the Tariff Schedules of the United States, Schedule 1, Part 10, Subpart A, Headnote 2, may reduce Nicaragua’s share of the annual quota of imported sugar on the basis of foreign policy concerns, if he finds that it is in the best interests of the United States and he gives “due consideration,” as defined by law, to Nicaragua’s interests in the United States sugar market.