Chairman John Moolenaar (R-MI) of the House Select Committee on the Chinese Communist Party has introduced the the ‘Restoring Trade Fairness Act," laying the groundwork for revoking China's Permanent Normal Trade Relations status.
Tariff rates would begin a 35 percent, with a minimum of 100 percent for certain articles, subject to a phase-in period., with the proceeds subsidizing impacted or favored domestic producers.
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