Commentary Decoupling. Derisking. Strategic competition. Call it what you will, but politics, public policy, and many private sector actors have shifted decisively away from deepening economic engagement with China. We’ve seen some significant executive actions from the White House, a new Congressional committee, and heaps of rhetoric and analysis from the punditry all directed at…
Hawley to Introduce Bill to Revoke China’s ‘Sweetheart’ Trade Status
March 20, 2023
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ChinaChina tariffscongressJosh HawleyPolicies & ImpactsPoliticsRepublicansSenatetrade relationsU.S.-China TradeUSUS NewsUS-China relations
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Sen. Josh Hawley (R-Mo.) will introduce legislation on March 21 to revoke China’s permanent normal trade relations status with the United States. If passed, the Ending Normal Trade Relations With China Act of 2023 (pdf) would withdraw China’s normal trade relations status within two years, subject Chinese imports to higher tariffs, and afford the president…
China’s Exports Remain Under Pressure as US Trade Deficit With China Continues to Shrink
March 13, 2023
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ChinaChina Business & EconomyDepartment of Commercetrade surplusU.S.-China TradeUSUS-China relations
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The total value of U.S. trade in January was up year-on-year. Still, according to the latest U.S. foreign trade data, the trade deficit in goods between the United States and China was down by $900 million month-on-month in January. The United States is China’s top trade surplus country, and lower exports to the United States…
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