Krishnamoorthi, Stevens, Brown Demand Administration Hold China Accountable for Flooding Markets with Subsidized Goods at the Expense of American Workers
WASHINGTON – Congressman Raja Krishnamoorthi (IL-08), Ranking Member of the House Select Committee on the Strategic Competition Between the U.S. and the Chinese Communist Party (CCP), joined by Representatives Haley Stevens (MI-11) and Shontel Brown (OH-11), sent a letter to U.S. Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick urging decisive action to contain the People’s Republic of China’s (PRC) unfair overproduction and export of goods.
The lawmakers warn that Beijing’s state-backed overcapacity has devastated U.S. workers and industries for decades – costing millions of jobs, slashing wages, and hollowing out local economies – while undermining the stability of global markets.
“The PRC’s historic and destructive use of structural overproduction to drive economic growth comes at an indisputable cost to U.S. industry, employment, and the stability of international markets,” the Members wrote. “The United States should work with allies and partners, not against them, to create a collective defense against the PRC’s most harmful economic practices. Addressing overcapacity is not merely an economic policy choice; it is a strategic imperative.”
In their letter, the Members call on the Administration to:
Engage multilateral financial institutions and creditor nations to curb state-backed financing that fuels chronic overcapacity;
Work with allies and partners to develop joint remedies, including coordinated safeguard measures and antidumping investigations; and
Use the current 90-day extension of trade negotiations with Beijing to secure binding commitments to reduce structural overcapacity and end distortive pricing practices.
The full letter is available HERE.
Read the report in Reuters HERE.