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US Introduces Bipartisan Bill to Repeal China’s Special Trade Status as Rubio Tells Wang Yi, ‘America First’

US Introduces Bipartisan Bill to Repeal China’s Special Trade Status as Rubio Tells Wang Yi, ‘America First’

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Image source: AP Marco Rubio

US Secretary of State Marco Rubio, in his first conversation with Chinese counterpart Wang Yi, said the new US administration under President Donald Trump will prioritize US interests in a relationship with China. He added that the United States seeks to pursue a relationship with Beijing that puts the American people first. In a statement, State Department spokesperson Tammy Bruce said Rubio stressed that the Trump administration in the United States seeks to pursue a US PRC (People’s Republic of China) relationship that focuses on advancing US interests. of the United States.

US introduces bipartisan bill to end China’s special trading status

This comes after the Justice Trade Restoration Act, a bipartisan bill, has been introduced in the United States to revoke China’s Permanent Normal Trade Relations (PNTR). It was presented by Congressman John Moolenaar, chairman of the Chinese Communist Party’s House Select Committee, and Congressman Tom Suozzi, the AP news agency reports. A companion bill has been introduced in the Senate by Senators Tom Cotton and Jim Banks.

The introduction of the agreement follows an executive order by President Trump directing the Secretary of Commerce and the United States Trade Representative to evaluate legislative proposals regarding continued normal trade relations with China.

“The Secretary also emphasized the United States’ commitment to our allies in the region and serious concern about China’s coercive actions against Taiwan and in the South China Sea,” Bruce added.

Rubio discusses bilateral relations with Wang Yi

In his conversation with Yi, Rubio also discussed issues of bilateral, regional and global importance. In particular, China asserts its claim over most parts of the South China Sea, while neighboring countries such as Vietnam, the Philippines, Malaysia, Brunei and Taiwan have their own counterclaims.

During Trump’s first term, a trade war escalated between the United States and China, resulting in tit-for-tat tariffs.

China sought entry into the World Trade Organization in 2000, and Congress voted to extend PNTR status to the People’s Republic of China (PRC), in hopes that the Chinese Communist Party would liberalize and adopt fair trade practices.

In another development, Senator Ted Cruz introduced the Military Installations and Protective Ranges Act to protect Department of Defense installations and training areas from American adversaries. The bill seeks to restrict the purchase of certain properties by a foreign person acting for or on behalf of Russia, China, Iran or North Korea.

(With AP inputs)

Also read | US President Donald Trump asks OPEC to reduce oil prices, argues it will stop Russia-Ukraine war



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