An independent federal agency is recommending that lawmakers strip the Chinese regime of its trade privileges with the United States, ending what is known as permanent normal trade relations (PNTR) status, which Beijing has enjoyed for more than 20 years.
In its annual report to Congress released on Nov. 19, the U.S.–China Economic and Security Review Commission (USCC) offered 32 recommendations, and for the first time, it called for revoking China’s PNTR status, previously known as the most favored nation status. The preferred trading status opened the U.S. market to Chinese products with trade advantages such as reduced tariffs.
