§ 76. — Retaliation against restriction of importations in time of war.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC76]
TITLE 15--COMMERCE AND TRADE
CHAPTER 2--FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND
PREVENTION OF UNFAIR METHODS OF COMPETITION
SUBCHAPTER VI--PREVENTION OF UNFAIR METHODS OF COMPETITION
Sec. 76. Retaliation against restriction of importations in time
of war
Whenever, during the existence of a war in which the United States
is not engaged, the President shall be satisfied that there is
reasonable ground to believe that under the laws, regulations, or
practices of any country, colony, or dependency contrary to the law and
practice of nations, the importation into their own or any other
country, dependency, or colony of any article the product of the soil or
industry of the United States and not injurious to health or morals is
prevented or restricted the President is authorized and empowered to
prohibit or restrict during the period such prohibition or restriction
is in force, the importation into the United States of similar or other
articles, products of such country, dependency, or colony as in his
opinion the public interest may require; and in such case he shall make
proclamation stating the article or articles which are prohibited from
importation into the United States; and any person or persons who shall
import, or attempt or conspire to import, or be concerned in importing,
such article or articles, into the United States contrary to the
prohibition in such proclamation, shall be liable to a fine of not less
than $2,000 nor more than $50,000, or to imprisonment not to exceed two
years, or both, in the discretion of the court. The President may
change, modify, revoke, or renew such proclamation in his discretion.
(Sept. 8, 1916, ch. 463, title VIII, Sec. 805, 39 Stat. 799.)
