MFN/NTR Trade with Red China. Representative Dana Rohrabacher (R-CA) proposed that Congress express its disapproval of President Clinton’s waiver granting Communist China U.S. taxpayer subsidized trade under "Normal Trade Relations" (formerly "Most Favored Nation") status. Revocation of NTR status would impose tariffs on Chinese imports at a slightly higher duty than are levied upon U.S. exports to China, and prevent the U.S. Export-Import Bank and similar agencies from giving lucrative subsidies to China. China is currently the Ex-Im Bank’s largest customer, with $6 billion in outstanding loans and guarantees. Rep. Rohrabacher observed that the reason Capitol Hill had just been besieged by big business lobbyists is because they are squealing to keep their taxpayer subsidies. "This debate is not about free trade," Rohrabacher explained. "Obviously, it is about subsidy, as I just said."
Rep. Rohrabacher’s proposal, a resolution (H. J. Res. 57) expressing the disapproval of Congress of the President’s waiver granting NTR/MFN to China, was rejected by the House on July 27, 1999 by a vote of 170-260 (Roll Call 338). We have assigned pluses to the yeas.
