Posted on 01/24/2025 4:11:22 PM PST by ifinnegan
WASHINGTON, D.C.-- Today, Chairman John Moolenaar (R-MI) of the House Select Committee on the Chinese Communist Party and Congressman Tom Suozzi (D-NY) introduced the Restoring Trade Fairness Act, the first bipartisan bill that would revoke China’s Permanent Normal Trade Relations (PNTR). This comes following President Trump's new executive order, directing the Secretary of Commerce and the United States Trade Representative to assess legislative proposals regarding Permanent Normal Trade Relations with the People's Republic of China.
In 2000, as China prepared to enter the WTO, Congress voted to extend PNTR status to the People’s Republic of China (PRC), hoping that the Chinese Communist Party would liberalize and adopt fair trading practices. Achieving PNTR status meant that the Chinese state-run economy received preferential tariff treatment under U.S. law, opening the door for the mass influx of products made in the communist nation. This gamble failed. In the two decades since, the United States manufacturing industry has been depleted, American firms have had their intellectual property pillaged by CCP economic coercion, and the CCP grew into America’s foremost adversary.
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“China’s Permanent Normal Trade Relations status has enriched the Chinese Communist Party while costing the United States millions of jobs. This comprehensive repeal of China’s PNTR status and reform of the U.S.-China trade relationship will protect American workers, enhance our national security, and end the Chinese Communists’ leverage over our economy,” said Senator Cotton.
(Excerpt) Read more at selectcommitteeontheccp.house.gov ...
Pass this and sign it. Winning.
I excerpted this only because it is long, a lot of text.
This is a good start.
Yes.
Long overdue.
When they squeal just tell them this is the reward for their espionage, territorial grabs, threatening Taiwan, and taking over control of access to the Panama Canal.
They also have to take back their illegals.
i remember when they signed it!
The argument was, that with free market, China will slowly become free like America.
It did not work!
Instead America is becoming like China!
Pass that bill ASAP!
Revoke MFN status.
You. Nail. Hit. Head.
Yep.
Also their just desserts for unleashing COVID-19 upon the world.
I only let that slide as we cannot Prove it was deliberate.
“ I only let that slide as we cannot Prove it was deliberate.”
I disagree.
They shut down all travel in their country.
But still allowed people to leave and travel to other countries.
It’s a pretty sure bet that it is deliberate, when they shut down Wuhan province to prevent travel between provinces, but allowed their overseas workers to return to places like Italy and the US after the Chinese New Year.
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