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why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. A bill that will prevent the US from importing goods produced using forced labor byUyghursand other minority Muslim populations in the Xinjiang Autonomous Region of China passed the House on Wednesday evening.
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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.
why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. The legislation requires President Joe Biden to provide a list of individuals responsible for forced labor of these groups, including “any official of the government of the People’s Republic of China,” and to impose economic sanctions on them, the House version of the bill states. The measure will further prevent individuals identified as responsible for these human rights abuses from getting visas or admission to the US.
“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.
why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. 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.
why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. 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.
why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Precise stock market trend predictions with free real-time quotes for India stocks, US stocks, and European stocks to help you seize the best investment timing. Sen. Marco Rubio, a Republican from Florida, put a hold onthe Senate version of the National Defense Authorization Act last week, threatening to maintain his hold on the must-pass legislation until the Uyghur bill, which he is the sponsor of, was taken up for a vote in the House or an amendment with similar provisions was added to the defense measure.
why is hitech corporation limited (526217) falling ✌️【Real-Time Data】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. Rubio’s amendment could not be added to the Senate version of the defense legislation, because of a procedural issue where bills that involve raising revenue must originate in the House.
“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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