Friday, March 19, 2021

US to remove Cina Trade Status

 China | Trade war: China hits back at Donald Trump's tariffs as trade war  finally arrives

US lawmakers reintroduce bill to revoke China’s trade relations status

  • The legislation would require the US president to approve regular trade relations annually
  • ‘It’s time to protect American jobs and hold the Chinese Communist Party accountable for their forced labour camps,’ lawmaker says

 

US Republican lawmakers reintroduced on Thursday a bill that would revoke the permanent normal trading status that Washington has had with Beijing for the past two decades, the latest in a series of efforts by China hawks in Congress to decouple the two countries’ economies.

Citing  China as the reason for the loss of US manufacturing jobs and accusing the country of forced labour, Tom Cotton of Arkansas, Jim Inhofe of Oklahoma and Florida’s Rick Scott put forward the “China Trade Relations Act”, which would require the US president to approve regular trade relations annually. The bill would give Congress the power to override the president’s decision.

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