We have given China most favored nation status on an annual basis several years in a row. Their 1999 imports from the United States are $1 billion less than 1998. So while their exports to the United States grows and grows and grows exponentially every year, our exports to them actually shrunk.
Wendy Sherman: “We have given China most favored nation status on an annual basis several years in a row. Their 1999 imports from the…”
Editor's note · Context
Discussing trade relations with China and the impact of most favored nation status.
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