While California isn’t Trump country, Californians may find a curious silver lining in the president’s recent actions on trade, particularly with China. In part, that’s because the trade issue doesn’t cut cleanly down party lines. Most of California’s Democratic delegation is ostensibly with the president on trade — and they share his opposition to free…
Dan DiMicco, Chairman of CPA: “The Trump administration framework deal with China, as reported this weekend, is on the wrong track. China has agreed to buy commodities that it would buy anyway. The deal does nothing to reduce the US trade deficit, grow American jobs, or boost domestic manufacturing. The Section 301 tariffs are designed…
Over the past two decades, US farmers and manufacturers have struggled mightily against subsidized competition from overseas. Almost 5 million factory jobs have disappeared since 2000, including almost 300,000 in Illinois alone. This decline in good jobs has been particularly evident in America’s steel sector, with massive overproduction in China driving a global steel glut that has…
Address by Michael Stumo, CEO, the Coalition for a Prosperous America (CPA), to the John William Pope and Jesse Helms Center Foundations. May 11, 2018, Raleigh, NC. Foreign Policy, Trade, and Energy Challenges in the Age of Trump. Trump and “The American System” of Economics that We have Forgotten Alexander Hamilton was the father of…
