U.S. Commission Recommends Revoking China's Trade Privileges

A bipartisan panel advises Congress to take bold actions against China, including ending its favored trade status and boosting AI development.

The U.S.-China Economic and Security Review Commission urges Congress to revoke China's permanent normal trade relations (PNTR) status, potentially leading to higher tariffs on Chinese imports.
The commission recommends closing the 'de minimis' loophole, which allows goods under $800 to enter the U.S. duty-free, to better regulate Chinese e-commerce shipments.
A large-scale government-funded initiative similar to the Manhattan Project is proposed to advance U.S. development of artificial general intelligence (AGI) to outpace China.
The report highlights the need for stronger export controls and restrictions on U.S. investments in Chinese technology sectors.
President-elect Donald Trump has expressed support for increasing tariffs on Chinese goods, aligning with some of the commission's recommendations.