Rubio Introduces Bill to Change Country of Origin Rules
Rubio introduced a bill that would change the country of origin for goods so that a company owned by or based in China or any other "foreign adversary" would assign the adversary country of origin to those companies' goods, no matter where the goods were manufactured. The bill is silent on whether that would also apply to U.S.-manufactured goods by Chinese companies, such as Volvo cars.
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Even firms with only 25% Russian or Chinese ownership would be subject to this treatment.
In the news release about the Stopping Adversarial Tariff Evasion Act, the senator characterized moving production to another country after trade remedies as a loophole and tariff evasion.
"We must protect our industries and workers from these predatory practices before it’s too late. America cannot afford to surrender its economic future to Beijing," Rubio said.