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Editorial丨Call to revoke PNTR status will derail Sino-US trade

CHINADAILY  · 公众号  · 时评  · 2024-11-22 10:46

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Despite trade being the ballast for China-US relations and concerning the well-being of people in both countries, some China hawks in Washington are threatening to derail this mutually beneficial relationship in the name of countering what they claim are the country's "unfair trade behaviors", targeting the permanent normal trade relations status it has with the United States. In its annual report to Congress released on Tuesday, the US-China Economic and Security Review Commission recommended, for the first time, repealing permanent normal trade relations with China. The PNTR status "allows China to benefit from the same trade terms as US allies, despite engaging in practices such as intellectual property theft and market manipulation", the bipartisan group said, adding that revoking the status "would signal a shift toward a more assertive trade policy aimed at protecting US industries and workers from economic coercion". ▲ File photo shows the White House and a stop sign in Washin ………………………………

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