Another call has been made for the U.S. government to reconsider the trade status that grants Chinese imports a lower tariff rate. They’re starting to stack up.
This was once the territory of trade hawks, but no more. After two decades of evidence that Beijing hasn’t met the terms it agreed to in order to secure lower tariff barriers, senators call granting China permanent normal trade relations (PNTR) a mistake on Sunday morning talk shows. Presidential candidates vow to revisit it. The special committee on China set up in the U.S. House of Representatives has heard more than one suggestion – including from us at the Alliance for American Manufacturing – that China’s PNTR should be reconsidered.