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what is the short term outlook for century extrusions limited (500083) ✌️【Stock Market Analyst】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The measure will also impose sanctions on “those responsible for human rights violations there,” the bill’s summary states.
Under the legislation, new restrictions will be placed on imports from Xinjiang by US Customs and Border Protection to ensure that goods produced through forced labor by Uyghurs, Kazakhs, Kyrgyz and members of other minority groups will not be purchased or sold in the US.
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“China, you know, uses child labor and they have very, very horrible working conditions, and I don’t think we should be aiding and abetting that,” Rep. Adriano Espaillat, a New York Democrat, said shortly after the bill passed.
what is the short term outlook for century extrusions limited (500083) ✌️【Stock Market Analyst】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. The House also passed a resolution on Wednesday condemning the “ongoing genocide” and “crimes against humanity being committed against Uyghurs” and members of other minority religious and ethnic groups in China. The resolution passed 427-1, with Massie again the only dissenting vote.
what is the short term outlook for century extrusions limited (500083) ✌️【Stock Market Analyst】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate fluctuations to help you select the right stocks and achieve your financial goals. Stay ahead of the curve with accurate, real-time investment insights. A similar bill with the same title, the Uyghur Forced Labor Relations Act, passed the Senate in July and had not been taken up in the House. The House version will now go to the Senate before it can head to President Joe Biden’s desk.
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“Now, going back to the broader issue, everyone here is in favor of this bill, and everyone here is against slave labor of Uyghur Muslims in Xinjiang, and the only impediment is some House rule because this theoretically raises revenue, which it doesn’t, then they should just pass the House version of the bill and send it here,” Rubio told reporters last week.
Leaders from both parties and both chambers pre-conferenced the final version of the Natonal Defense Authorization Act and agreed to pass that version in the House first.The measure passed the House late Tuesdaynight with broad bipartisan support, 363-70. It is expected to head to the Senate as soon as this week.
Ultimately, a provision regarding Uyghurs was also added to the defense bill. The provision prevents Department of Defense funds from being used to buy any “products mined, produced or manufactured wholly or in part by forced labor” in the Xinjiang Autonomous Region of China, the bill states.
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