Farm state Republicans raise alarm over Trump’s new China trade proposal

Farm state Republicans raise alarm over Trump’s new China trade proposal

[ad_1] “There are serious trade disparities that should rightfully be raised, but we should be honest about the potential economic impact to rural America,” said Rep. Kelly Armstrong (R-N.D.). Another farm state Republican lawmaker was more blunt when asked about how Trump’s new trade proposal could impact the U.S. agriculture economy, calling it “fucking suicide”…

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China Select Committee hearing highlights partisan divide on Beijing-countering strategy

China Select Committee hearing highlights partisan divide on Beijing-countering strategy

[ad_1] Pottinger spiced up his testimony with a video of quotes by China’s paramount leader Xi Jinping that suggested hostile intentions toward the United States. Pottinger accused the Chinese government of waging “information warfare” on the U.S. and likened it to a series of magicians, calling the Chinese Communist Party “the Harry Houdini of Marxist-Leninist…

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China bills sail through House committee

China bills sail through House committee

[ad_1] The bills stopped short of major intervention into China’s economy, such as restrictions on U.S. investment. | Kiichiro Sato/AP Photo A desire to restrain China united Republicans and Democrats on the House Financial Services Committee Tuesday, with lawmakers approving a series of bipartisan bills designed to rein in the country’s economic power. The committee…

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Lobbyists to Biden: Unless you want to cede to China, relax microchip rules

Lobbyists to Biden: Unless you want to cede to China, relax microchip rules

[ad_1] The chip industry’s push underscores the tension between President Joe Biden’s plans to resurrect high-tech manufacturing in the U.S. and his administration’s effort to strengthen environmental protections. Even as the White House pushes for an advantage in the tech race with China, an exemption for federally funded chip projects would run counter to Biden’s…

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