Republicans Introduce Bill to Strip China of Permanent Trade Status

A group of Republican lawmakers is introducing legislation that would strip communist China of its special permanent trade status with the United States.
The “China Trade Relations Act” was introduced on Jan. 27 by GOP Sens. Tom Cotton (Ark.), Rick Scott (Fla.), Ted Budd (N.C.), and J.D. Vance (Ohio).
The legislation would end China’s permanent status as a “most favored nation” (MFN). Instead, China would be required to seek presidential approval on an annual basis in order to maintain its MFN status.
“For twenty years, Communist China has held permanent most-favored-nation status, which has supercharged the loss of American manufacturing jobs,” Cotton said in a prepared statement. “China never deserved this privilege in the first place, and China certainly does not deserve it today….}