House panel: Reset Sino-U.S. economic relations and expect ag retaliation
China is not willing to play by free-market rules, so the United States should adopt a new, tougher strategy that allows higher import tariffs and other measures to prevent reliance on Beijing, said a House select committee on Tuesday. In anticipation of retaliation, the committee said, the government should look for alternative markets for U.S. food and ag exports, and Congress should consider a new round of trade-war assistance for farmers and ranchers.