Fresh off Tuesday’s red sweep, House Republicans have begun to renew the idea of ending China’s preferential trade status.
They have begun to promote the idea of ending China’s Permanent Normal Trade Relations (PNTR). With Republicans seizing control of the White House and Senate, and being on track for a likely win in the House, the idea that was once considered a longshot now now become a likelihood.
“For too long, the Chinese Communist Party has taken advantage of America’s open hand with predatory economic practices that target the American economy, our workers, businesses, and our national security. We believe in free trade with free nations, but as the Committee recommended on a bipartisan basis, it is now time to reset our relationship with China by moving past PNTR to a trade relationship that reflects the threat we face from the CCP,” a spokesperson for the House China Committee told Fox News Digital.
In 2000, Congressvoted to grant China permanent normal …