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31.05 - 14:35
China Competitiveness Bill Faces Hurdles as Time Runs Short
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WASHINGTON—Disagreements over legislation designed to boost U.S. competitiveness against China are clouding its prospects in Congress, as lawmakers enter a period of make-or-break negotiations.
Many lawmakers say the sprawling, complex package—which even includes a section on kitchen sinks—remains likely to pass this year. But squabbles are emerging over proposed national-security reviews of outbound U.S. foreign investments; waivers of tariffs on Chinese imports; and curbs on the sale of counterfeit goods online, among other provisions.
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