Congress Seeks China's PNTR Revocation
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permanent normal trade relations statusVOA
•Calls to revoke China's trade status widen in Washington
69% Informative
China granted PNTR status in 2000 , as it prepared for entry into the World Trade Organization .
Currently, there are only four countries in the world that do not have PNTr status with the U.S. Only Russia , Belarus , North Korea and Cuba do not.
The U.N. Economic and Security Review Commission issued its annual report to Congress this week .
Economists say huge spikes in tariffs on Chinese goods would be economically disastrous for the U.S. China Business Council opposes the plan.
Advocacy groups say tariffs would increase prices, lower growth and lower manufacturing levels.
The USCBC also opposes the bill, saying it would drive up prices, eliminate thousands of jobs.
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