Congressional Republicans Begin Process of Rescinding China’s Most Favored Nation Status – IOTW Report

Congressional Republicans Begin Process of Rescinding China’s Most Favored Nation Status

Fox News

The movement to eliminate the free trade perks China enjoys in the U.S. is gaining steam under Republican control of the government. 

GOP leaders in the House and Senate are once again introducing legislation that would end China’s most favored nation status by repealing Permanent Normal Trade Relations (PNTR).

Sen. Tom Cotton, R-Ark., reintroduced the Restoring Trade Fairness Act in the Senate, with Sen. Jim Banks, R-Ind., as a cosponsor. The bill has bipartisan support in the House – Rep. John Moolenaar, R-Moch., China Competition Committee chair, introduced it along with Rep. Tom Suozzi, D-N.Y. More

7 Comments on Congressional Republicans Begin Process of Rescinding China’s Most Favored Nation Status

  1. Remove China from the favored nations status, then on the flip side of that coin seize everything they own here, just giving them back the money they paid, then sell these assets to Americans with a strong business mind with the stipulation they can never be sold to foreign countries again. Let China pay the U.S. full price for it’s pork and other farm products it now steals from the U.S.

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