House Democrats called on President Biden to end a U.S. trade provision that has been boon for China’s e-commerce companies and drawn criticism from some who argue that the rule is an unfair and potentially dangerous loophole. A majority of Democrats in the House of Representatives signed a letter sent Wednesday that called for quick executive action to address what …
WASHINGTON — Two U.S. senators looking to crack down on the number of packages from China that enter the country duty-free are calling on President Joe Biden to take executive action, saying U.S. manufacturers can’t compete with low-cost competitors they say rely on forced labor and state subsidies in key sectors. The surge in shipments, they said, hurts big box …
U.S. trade law allows packages bound for American consumers and valued below a certain threshold to enter tariff-free. Two U.S. senators looking to crack down on the number of packages from China that enter the U.S. duty-free are calling on President Biden to take executive action, saying domestic manufacturers can’t compete with low-cost competitors that rely on forced labor and …
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WASHINGTON — Conservatives anxious to counter America’s leading economic adversary have set their sights on a top trade priority for labor unions and progressives: cracking down on the deluge of duty-free packages coming in from China. In its first set of recommendations, a new House committee focused exclusively on China called for legislation that would reduce the threshold for duty-free …