"US House Panel Pushes for Tougher Trade Rules and Tariffs on China"
The US House select committee on China has released its first set of economic policy recommendations, urging China to be moved to a "new tariff column" and advocating for easier entry for hi-tech workers from allied countries. The report aims to reset the terms of the bilateral economic relationship, curb US capital flow into China, and invest in America's technological leadership. It also calls for import duties on legacy semiconductors from China and recommends measures to address China's human rights violations and espionage activities. The panel further suggests establishing a new export-control regime and engaging allies in consensus building on China's trade practices. Some lawmakers expressed opposition to the report's "protectionist tendencies," highlighting the contentious nature of trade and industrial policy.
- US House panel urges moving China to ‘new tariff column’ South China Morning Post
- Lawmakers Call for Raising Tariffs and Severing Economic Ties With China The New York Times
- House committee calls for reset on China-U.S. economic relations The Washington Post
- The Washington-Beijing tech war is just getting started The Japan Times
- House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees The Associated Press
Reading Insights
0
9
4 min
vs 5 min read
87%
939 → 121 words
Want the full story? Read the original article
Read on South China Morning Post