Permanent normal trade relations - Wikipedia
The status of permanent normal trade relations (PNTR) is a legal designation in the United States for free trade with a foreign state. The designation was changed from most favored nation (MFN) to normal trade relations by Section 5003 of the Internal Revenue Service Restructuring and Reform Act of 1998.
Section 402 of the Trade Act of 1974 (“the Act,” 19 U.S.C. § 2432), commonly known as the Jackson-Vanik amendment, denies normal trade relations (NTR) status to some current and former nonmarket economies (NMEs), unless they adhere to …
What Is 'PNTR'? Trump's Threat to Revoke China's 'Permanent Normal ...
Dec 4, 2024 · Trump has also threatened to take more sweeping action: rescinding the “permanent normal trade relations” (PNTR) status that the United States granted China more than two decades ago as Beijing...
It's Time for U.S. To End Normal Trade Relations With China
Oct 9, 2024 · After China received Permanent Normal Trade Relations (PNTR) status in 2001, the United States lost millions of manufacturing jobs and tens of thousands of factories, which in turn left a trail...
The Contentious U.S.-China Trade Relationship - Council on …
May 14, 2024 · Even before China joined the WTO, trade between the two countries was growing. But WTO membership ensured “permanent normal trade relations,” thereby providing U.S. and foreign companies...
Republican seeks to end normal trade relations with China - The …
Nov 14, 2024 · Rep. John Moolenaar (R-Mich), chair of the House Select Committee on the Chinese Communist Party, proposed revoking China’s Permanent Normal Trade Relations (PNTR), a policy in place for more...
America First Trade Policy - The White House
Jan 20, 2025 · (d) The Secretary of Commerce and the United States Trade Representative shall assess legislative proposals regarding Permanent Normal Trade Relations with the PRC and make recommendations ...
New Legislation Introduced in Congress Proposes Ending Normal Trade ...
On November 14, 2024, Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on the Chinese Communist Party, introduced the Restoring Trade Fairness Act, seeking to suspend China’s Permanent Normal Trade Relations (“PNTR”) status.
Tariffs on Trading Partners: Can the President Actually Do That?
1 day ago · Trump has directly threatened to revoke permanent normal trade relations (PNTR) with China, which would have a significant impact on U.S.-China trade relations.
An Overview of President Trump's Trade Policy to Date
6 days ago · review other Chinese trade actions and practices that may be unfair and unreasonable and recommend actions consistent with 19 U.S.C. 2411 to address any such unfair or unreasonable trade actions or practices review legislation that Congress is considering that relates to China's permanent normal trade relations status and recommend changes