CPA Guest Opinion: We Must Revoke China’s Most Favored Nation Status
It’s time for us to stop treating China as a friend and recognize China as the enemy to our national sovereignty that it is.
It’s time for us to stop treating China as a friend and recognize China as the enemy to our national sovereignty that it is.
Rep. Frank Lucas (R-OK-3) sat down with the Hudson Institute on Monday for a one hour event on how to counter China economically and the biggest takeaway was the obvious: it won’t be easy, and everyone has a different opinion on it.
China recently became the world’s largest car exporter, and by all accounts their global market share will keep expanding. One silver lining, at least, is that more and more leaders are figuring out that absent tariff increases, our nation will become a slave to foreign nations that do prioritize production.
Removing trade barriers and reducing U.S. tariffs allowed China’s state-owned enterprises to flood the U.S. with deliberately underpriced goods.
By Charles Benoit, CPA Trade Counsel In December, the U.S.-China Commission, a group created by Congress to advise on managing the bilateral relationship, formally recommended
The U.S. China Economic And Security Review Commission debated ways to better deal with China’s non-market economy in the WTO. Tariffs were part of the solution.