Wyden, Schumer introduce bill aimed at curbing ‘trade cheating by China’

Senate Finance Committee Chairman Ron Wyden (D-OR) and Senate Majority Leader Chuck Schumer (D-NY) on Wednesday introduced legislation designed to “fight back against trade cheating by China and other rival nations.” The “ Combating Oppressive and Manipulative Policies that Endanger Trade and Economic Security (COMPETES) Act of 2021 ,” they said, will “level the playing field for American workers, farmers, fishers and families by taking aim at China’s worst practices.” In a statement, Schumer and Wyden said the amendment was...