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- US House approves bill banning Chinese goods made with Uyghur forced labor
US House approves bill banning Chinese goods made with Uyghur forced labor
The US House of Representatives voted to pass a bill on Wednesday that would ban goods produced by the forced laborers from China’s Xinjiang region, per Bloomberg.
The measure is aimed at punishing China for the alleged oppression of the Uyghur Muslims unless companies can prove that they have not been made with forced labor.
The bill now goes to the Senate for passage, where it already has bipartisan support.
White House press secretary Jen Psaki said in a statement, “The Administration will work closely with Congress to implement this bill to ensure global supply chains are free of forced labor, while simultaneously working to on-shore and third-shore key supply chains, including semiconductors and clean energy.”
Market reaction
The US dollar index is consolidating near weekly highs of 96.59, down 0.06% on the day. Traders look forward to the Fed decision for fresh trading impetus.
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