On Thursday, U.S. lawmakers introduced a bipartisan bill aimed at revoking China’s preferential trade status with the United States. The bill proposes to phase in significant tariffs and eliminate the “de minimis” exemption for low-value Chinese imports, marking a significant shift in U.S.-China trade relations.
On Thursday, U.S. lawmakers introduced a bipartisan bill aimed at revoking China’s preferential trade status with the United States. The bill proposes to phase in significant tariffs and eliminate the “de minimis” exemption for low-value Chinese imports, marking a significant shift in U.S.-China trade relations.
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