Republicans look to stop China's 'backdoor' tariff dodging scheme

Don’t Fund Chinese Companies in the Tax Bill – American Greatness

"Despite these clear warnings, the People’s Republic of China, with help from the Biden administration, Democratic governors, and members of Congress, has established footholds in America’s emerging electric vehicle battery sector. Gotion, a company with deep ties to the Chinese Communist Party, has begun building plants in Michigan and Illinois despite strong local pushback.... As a first step, the Senate must mandate no U.S. tax credits to any…

Don’t Fund Chinese Companies in the Tax Bill › American Greatness

The Chinese Communist Party junta in Beijing clamors for even more access to the capital markets of the United States, the money center of the […] Source

Republicans look to stop China's 'backdoor' tariff dodging scheme

Legislation by Republicans seeks to curb China's use of third-party countries to dodge U.S. tariffs, promoting a level playing field for American businesses.

On Thursday (May 22), the chairman of the U.S. House Budget Committee, Representative Jodey Arrington of Texas, a Republican, introduced a bill aimed at preventing the Chinese Communist Party from circumventing U.S. tariffs by establishing production bases or "laundering origin" in third countries.

Republicans look to stop China’s ‘backdoor’ tariff dodging scheme

Republicans are targeting China’s efforts to sidestep U.S. tariffs through foreign production, with new legislation introduced Thursday by House Budget Chairman Jodey Arrington, R-Texas. The Axing Nonmarket Tariff Evasion (ANTE) Act aims to stop subsidized and state-owned entities from setting up production in other countries to avoid tariffs. “For far too long, adversaries like China have engaged in unfair trade practices, cheated the American …