US Representative John Moolenaar on Thursday introduced a bill that would revoke the normal trade relations Washington has had with Beijing for more than two decades, joining China hawks in the Senate in a bid to decouple the countries’ economies.
As proposed, the measure would set minimum 35 per cent tariffs on Chinese imports, allow for the duties to rise to 100 per cent and give the US president the ability to phase the change in over five years. Moolenaar, a Republican from Michigan, chairs the US House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party (CCP).
