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The Costs of Revoking China’s PNTR Status

China Market Intelligence Rory Murphy

Key Takeaways

  • A report from Oxford Economics, commissioned by the US-China Business Council, estimates that revoking China’s Permanent Normal Trade Relations status would result in the loss of over 800,000 US jobs.
  • Subsequent tariff increases would mean an average cumulative loss of $11,100 per US household over a five-year window.
  • It would also have significant impacts on US GDP and global competitiveness.

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