Moolenaar, Suozzi, Cotton, Banks reintroduce bill to strip China’s PNTR

Citing President Trump’s “America First Trade Policy” memo, House Select on the Chinese Communist Party John Moolenaar (R-MI) and other lawmakers on Thursday reintroduced a bill to strip China of its permanent normal trade relations status and phase-in tariffs ranging from 35 to 100 percent. The move to reintroduce the “ Restoring Trade Fairness Act ” follows a memo Trump issued on his first day in office, which directs the U.S. Trade Representative and Commerce secretary to “assess legislative proposals...