"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.