The 119th Congress is considering legislation that would revoke the People’s Republic of China’s (PRC or China) permanent normal trade relations (PNTR) status. Most-favored nation (MFN) status is a key World Trade Organization (WTO) principle that refers to nondiscriminatory treatment between trading partners and comm…
China Trade Relations Act of 2025
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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The United States was a key architect of the multilateral trading system, as a founding member of the General Agreement on Tariffs and Trade (GATT) in 1947 and its successor, the World Trade Organization (WTO) in 1995. The United States, many European countries, and other market economies led the Uruguay Round of mult…
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