The U.S. International Trade Commission said on Thursday it would investigate the economic impact of revoking China’s permanent normal trade status over a six-year period, a move that would likely increase tariffs on Chinese imports. The trade panel said in a statement that it will publish the results of the probe, ordered in a congressional appropriations bill, by August 21.
When he took office in January 2025, President Donald Trump ordered his trade and commerce chiefs to assess legislative proposals to revoke Permanent Normal Trade Relations with China.
PNTR was first granted in 2000, allowing China to join the World Trade Organization, a move that catapulted the country into becoming the world’s biggest manufacturer.
US trade panel to probe impact of revoking China’s permanent normal trade status
Categories: