Ron DeSantis Says he Will try to Revoke China’s Trade Status if Elected President

Ron DeSantis Says he Will try to Revoke China’s Trade Status if Elected President – Florida Governor Ron DeSantis, who is also a Republican presidential candidate, announced on Sunday his intention to revoke China’s permanent normal trade relations status if he emerges victorious in the upcoming presidential election.

“I favor doing that,” DeSantis told Fox News. “I think we probably need Congress but I would take executive action as appropriate to be able to move us in that direction.” In 2000, the Senate voted to grant China the status of permanent normal trade relations as it prepared to become a member of the World Trade Organization. 

- Advertisement -

People Also Read: Janet Yellen Urges China to Boost Funding to Tackle Climate Crisis

However, any attempt to revoke this status would require congressional approval. This status signifies a legal designation in the United States that facilitates free trade with another country. Relations between the United States and China have been strained for several years due to various issues such as Taiwan, US export restrictions on advanced technologies, China’s state-led industrial policies, human rights concerns, the origins of the Covid-19 pandemic, and trade tariffs.

Efforts have been made by Washington to improve relations between the two largest economies in the world. Following her recent four-day visit to Beijing, US Treasury Secretary Janet Yellen described her meetings with senior Chinese officials as “direct” and “productive,” contributing to the stabilization of a historically tumultuous relationship.

Governor DeSantis identified China as the foremost geopolitical threat faced by the United States. Meanwhile, Donald Trump, who is currently leading the Republican field with DeSantis trailing behind, has expressed his intention to provide China with a 48-hour ultimatum to vacate what sources familiar with the matter claim is a Chinese espionage facility located in Cuba, approximately 90 miles (145 km) off the US coast.

READ MORE

Joe Biden to Meet Rishi Sunak at No 10 Before Nato Summit

Trump Rails Against Federal Charges

- Advertisement -

Will Hurd Announces Republican run for President

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More From Evoclique