Bipartisan Lawmakers Call for Breaking Economic Ties With China

Published on December 12, 2023

WASHINGTON—A bipartisan group of lawmakers in Congress are calling for the United States to “reset” its relationship with China by raising tariffs and cutting off capital flows fueling Chinese aggression. In a report incorporating nearly 150 recommendations on Dec. 12, the House Select Committee on the Chinese Communist Party (CCP) warned about the regime’s “multidecade campaign of economic aggression” that has made the United States dependent on Beijing to its peril. Among the list of recommendations from the 53-page report are closing the loopholes allowing Beijing to steal U.S. technologies, forcing a ban or divestment of Chinese-owned social media app TikTok, imposing tariffs on legacy Chinese semiconductors, and directing the Federal Reserve to stress test their resilience to a potential loss of access to the Chinese market....

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