A bipartisan group of senators introduced legislation on Feb. 24 to strengthen U.S. trade enforcement laws against China’s unfair trade practices.
Sens. Todd Young (R-Ind.) and Tina Smith (D-Minn.) led a group of more than a dozen senators in introducing the Leveling the Playing Field 2.0 Act, according to a press release. The legislation seeks to provide the Department of Commerce with new tools to address the impact of China-backed companies moving some of their production to other countries to circumvent American duties.
“China has distorted the free market by dumping undervalued products and subsidizing industries, actions designed to harm American businesses and workers,” Young said in a statement….