Rep. John Moolenaar (R-Mich.), who chairs the House Select Committee on the Chinese Communist Party, proposed revoking China’s Permanent Normal Trade Relations (PNTR).
The policy has been in place for more than two decades, but both Republican and Democratic lawmakers have accused Beijing of unfair trade practices.
President Biden maintained tariffs on Chinese goods that were introduced during the first Trump administration.
President-elect Trump has proposed slapping a 60 percent tariff on all Chinese goods. While the bill likely won’t be taken up in the lame-duck session, it offers the incoming Trump administration leverage in trade talks with Beijing.
“Last year, our bipartisan Select Committee overwhelmingly agreed that the United States must reset its economic relationship with China. Today, building on tariffs from the Trump and Biden Administrations, the Restoring Trade Fairness Act will strip China of its permanent normal trade relations with the U.S., protect our national security, support supply chain resilience, and return manufacturing jobs to the U.S. and our allies,” Moolenaar said in a statement.
“This policy levels the playing field and helps the American people win this strategic competition with the CCP [Chinese Communist Party].”
The Hill’s Laura Kelly has more here.
