Two new bills introduced in the U.S. Congress aim to revoke China’s permanent normal trade relations status, with one introduced in the House by John Moolenaar and Tom Suozzi and a companion bill in the Senate by Jim Banks, Tom Cotton, and Josh Hawley. This move would increase tariffs on Chinese imports and strip China of certain trade benefits, citing economic losses and national security concerns. The bills hope to leverage Republican control of Congress and President Trump’s support for tariffs to pass the legislation and potentially reshape U.S.-China trade relations.
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