Cotton Announces Bill to Revoke China’s ‘Most Favored Nation’ Status
Senator Tom Cotton (R., Ark.) announced Monday that he is introducing legislation to repeal permanent most favored nation trade status, a designation that guarantees equal trading opportunity among a nation’s trade partners. , Cotton criticized China’s status as a most favored nation, and said he would introduce legislation this week that would require the president and congress to reassess the status each year. Under Cotton’s new legislation if China were to “shoot missiles at our ships in the Western Pacific” or crack down on Hong Kong as ...
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