Rep. Banks’ Tough on China Bill Would Create Hoosier Jobs
Washington,
July 17, 2023
Today, Congressman Jim Banks (IN-03) introduced the Ending Normal Trade Relations with China Act of 2023 to revoke China's normal trade relations status, which would bolster manufacturing jobs across Indiana and the rest of the United States. Senator Josh Hawley (R-MO) introduced the Senate version of the bill. Read the bill text here. Said Rep. Banks: “Decades ago, politicians in Washington gave Chinese manufacturers a leg up over American companies, which has been disastrous for our national security, economy and tens of thousands of Hoosier workers. Winning the competition with China is my top priority in Congress, and to be successful abroad, we need to be strong at home. Our bill would fix a serious mistake and stop privileging our greatest enemy at the expense of America’s working class.” The Ending Normal Trade Relations with China Act would:
Background: In 2000, the United States granted China normal trade relations status, permanently. The United States then supported China’s ascension to the World Trade Organization just one year later. Providing China privileged trade status contributed to the loss of 3.7 million good jobs across manufacturing industries in America, and an estimated 85,800 jobs in Indiana. |