Washington, D.C. — The House Select Committee on the Chinese Communist Party (CCP) released its economic and technology strategy recommendations on Tuesday to counter Beijing’s “pattern of aggression and economic manipulation.”
Alliance for American Manufacturing President Scott Paul said:
“The Select Committee has issued a game-changing set of recommendations on economic and technology policy that reflect broad, bipartisan support for resetting the U.S.-China trade relationship and strengthening American manufacturing.
“The Alliance for American Manufacturing urged the committee at its very first hearing to pursue a great number of these changes. We hope the committee’s commendable efforts ultimately blossom into laws passed by Congress and signed by the president. We look forward to working with Chairman Gallagher, Ranking Member Krishnamoorthi, and the committee members on the core policy recommendations while also working to better address our concerns on Section 232 and trade agreements.
“Several of the trade policy recommendations, including renewing Section 421, reforming the de minimis loophole, enacting the Leveling the Playing Field Act 2.0, requiring country of origin online labeling, and supporting Trade Adjustment Assistance, deserve special recognition.
“We oppose any efforts to dilute Section 232 national security trade actions or initiate a fast-track free trade agreement with Japan, with its history of currency interventions and other market distortions that skew markets such as autos. We will urge the House of Representatives to set aside those aspects of the committee’s report.”
Background:
Alliance for American Manufacturing President Scott Paul offered economic policy recommendations in testimony before the House Committee on the CCP on Feb. 28, the committee’s first hearing. Paul urged Congress to reform de minimis, screen outbound investment in China, and revoke China’s PNTR, among other bipartisan policies. Find Paul’s full oral testimony here and his written testimony here.
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