China panel calls for overhaul of U.S.-China economic relationship

The House Select Committee on the Chinese Communist Party on Tuesday called for the U.S. to create a new tariff structure for China, lower the de minimis threshold, and find alternative markets for U.S. goods to shield exporters from Chinese retaliation, among a slew of other recommendations. The recommendations are a culmination of nearly a year’s worth of hearings and exercises conducted by the committee. The panel held a business meeting on Tuesday and formally adopted a report with the...