Inside Trump’s Ingenious ‘Poison Pill Provision’ For Dealing With China

Inside Trump’s Ingenious ‘Poison Pill Provision’ For Dealing With China

Trade deals signed between the United States, Canada and Mexico include a provision that helps the United States in its trade war with China, the Washington Examiner reports.

Dubbed the “poison pill provision” by Secretary of Commerce Wilbur Ross, a key part of the agreements signed by the countries prohibit them from entering into a similar agreement with any country where “at least one Party has determined to be a non-market economy for purposes of its trade remedy laws.” In this case, that would be China per the United States’ classification, specifically in U.S. anti-dumping laws.

 

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