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Congressman Urges Against Reviving Chinese Market Access

3/6/2026

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Summary

Story summary

On March 5, 2026, John Moolenaar, chair of the House committee on China, cautioned Treasury Secretary Scott Bessent against reviving market access for Chinese firms.
He argued such actions would undermine U.S. President Donald Trump’s efforts to bolster American manufacturing and national security.
He warned against increased Chinese involvement in the auto and lithium-ion battery sectors because government support lets firms operate at a loss.

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Story summary

On March 5, 2026, John Moolenaar, chair of the House committee on China, cautioned Treasury Secretary Scott Bessent against reviving market access for Chinese firms.
He argued such actions would undermine U.S. President Donald Trump’s efforts to bolster American manufacturing and national security.
He warned against increased Chinese involvement in the auto and lithium-ion battery sectors because government support lets firms operate at a loss.