1. The U.S. threatened to take away trading privileges as a way to punish the country for human rights violations. 2. Although it is known as most-favored-nation trade status, or MFN, the designation refers to trading privileges the United States accords to all but a few nations. 3. China has already said that if it receives trading privileges, it would lower its tariffs on most American agricultural goods. 4. Further, the U.S. Congress will rightly resist extending most-favored-nation trading privileges to Vietnam until it commits itself more firmly to due process and human rights for all. 5. Half a dozen previously uncommitted House Republicans and Democrats announced they would support the legislation granting China permanent normal trading privileges. 6. Half a dozen previously uncommitted House Republicans and Democrats said they would support the legislation granting China permanent normal trading privileges. 7. He is walking a political tightrope as Congress debates whether to grant China permanent normal trading privileges. 8. He said the exchange had no plans to seek unlisted trading privileges in any individual stocks. 9. House Republican leaders expressed confidence that the legislation to grant China permanent normal trading privileges was on track for passage, and they scheduled a vote for Wednesday. 10. Left unresolved, the impasse could have imperiled a landmark accord to grant China permanent normal trading privileges that the House is scheduled to vote on next month. |