Republican presidential hopeful Ron DeSantis supports revoking China’s trade status

News Snapshot:

Republican US presidential candidate and Florida Governor Ron DeSantis said on Sunday he would take steps to revoke China’s permanent normal trade relations status if he won the 2024 White House race. “I favor doing that. I think we probably need Congress but I would take executive action as appropriate to be able to move us in that direction,” DeSantis said in an interview with Fox News on Sunday. The US Senate voted in 2000 to grant that status to China as it prepared to join the World Trade Organization. Any step to remove it would also need congressional approval....