In 1996, on the House floor, Rep. Nancy Pelosi (D-CA) assailed a then-bipartisan plan to give Most Favored Nation (MFN) trade status to China, arguing that while the U.S. has low tariffs on China-made goods, China has high tariffs on American goods.
While debating opening U.S. free trade with China by giving the communist country MFN status, Pelosi made clear she opposed the plan, noting the growing trade deficit and how it was leading to economic devastation for Americans.
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“Today, members of Congress will be asked to set down a marker: How far does China have to go? How much more repression, how big a trade deficit and loss of jobs for the American worker, and how much more dangerous
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