US Lawmaker Proposes Ending Normal Trade Relations with China
The bill seeks to impose higher tariffs and eliminate trade privileges in response to perceived unfair practices by China.
- Representative John Moolenaar introduced a bill to revoke China's Permanent Normal Trade Relations status with the US.
- The proposed legislation would establish a minimum 35% tariff on Chinese imports, potentially rising to 100%.
- It aims to eliminate the de minimis exemption for low-value shipments from China, which currently avoids duties and taxes.
- The bill reflects ongoing bipartisan concerns over China's trade practices and seeks to bolster US economic security.
- Though unlikely to pass in the current session, the bill sets the stage for future trade negotiations and policy discussions.