Most-favored-nations (MFN) Issue

MFN status entitles a country to economic preferences granted by the U.S. only to its best trading partners. Goods from countries on the MFN list are allowed into the United States at the lowest possible import tax, for instance, making the goods more attractive to U.S. consumers. The Chinese view winning MFN status as very important. China is one of the United States' major trading partners, selling the U.S. some $19 billion worth of goods each year, and the U.S. in turn sells China more than $6 billion worth

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come to light that reflects directly on trade issues is the fact that China is using prisoners as forced labor to produce goods and services bolstering the Chinese economy. Mosher explains: "Whether operating factories, mines, or farms, each facility is not only required to be self-supporting, but is expected to turn a profit for the state" (Mosher 49). Some $100 million worth of these goods were exported to the United States in 1990, with goods such as textiles, wines, teas, and machinery. There are efforts in Congress to ban such imports because of the way the goods are produced. The Administration (first that of Bush and now that of Clinton) feels not only that trade is a way of gaining influence but also that some leeway must be given for cultural differences. In a way, the term "most favored" may give a false impression, for it does not mean that China is given any favored treatment but rather that China is treated the same as most other nations. More than 150 countries have MFN relations with the United States, and only 16 "nonmarket" nations are denied it. MFN treatment signifies that the U.S. allows a country's imports to enter at the lowest, or "concessionary," tariffs, while not having it subjects them to puniti
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Approximate Word count = 1408
Approximate Pages = 6 (250 words per page)

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