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What will be the outcome of the US-China trade relations bill in Congress by end of 2025?
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Resolution / Starting Odds
Passed in both House and Senate • 25%
Passed in House only • 25%
Passed in Senate only • 25%
Not passed in either • 25%
Official voting records from the US Congress
Story
Moolenaar Introduces Bill to Revoke US-China Trade Relations, Proposing 35% Tariffs and New Trade War
Nov 14, 2024, 12:10 PM
Representative John Moolenaar (R-Mich.) has introduced a new bill aimed at revoking normal trade relations with China. This legislative proposal, which comes from the chair of the House select committee on China, is expected to trigger significant tariffs and could potentially initiate a new trade war between the United States and China. The bill outlines a minimum tariff of 35%, reflecting a broader shift in U.S. trade policy amidst ongoing tensions between the two nations. As the U.S. navigates this trade and technology conflict, the impact on its technological and financial dominance is anticipated to be substantial, with markets becoming increasingly fragmented.
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Improved relations • 25%
Status quo maintained • 25%
Increased tensions • 25%
Other • 25%
Improved relations • 25%
Status quo maintained • 25%
Increased tensions • 25%
New trade agreement • 25%
New trade deal reached • 25%
Trade negotiations stall • 25%
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New trade agreement • 25%
Increased tariffs • 25%
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Improvement • 33%
Deterioration • 33%
No significant change • 33%
Improved relations • 25%
Status quo • 25%
Increased tensions • 25%
Severe trade conflict • 25%
New trade agreement reached • 25%
Trade tensions escalate • 25%
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New tariffs agreed • 25%
Tariffs reduced • 25%
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Trade agreement reached • 25%
New trade agreement • 25%
No agreement reached • 25%
Temporary truce • 25%
Escalation of trade war • 25%