Editors note: CPA fully agrees that we must fix dollar overvaluation to fix the trade deficit. We disagree with our good friend Rob Scott on his assessment of tariffs, which are important for national security, to optimize the composition of trade and jobs and to fix foreign trade cheating. During the 2016 presidential campaign, Donald Trump cited my…
Editor’s note: Letting China into the World Trade Organization was a mistake. The explosive growth in the U.S. trade deficit that came from China joining the World Trade Organization cost an estimated 3.4 million jobs, according to a new report released Tuesday. The study of the impact in the growth in the trade deficit between…
President Trump’s decision to impose tariffs on subsidized imports from China has generated plenty of criticism from pundits and academics, alike. But the tariffs, which are intended to boost U.S. manufacturing competitiveness, are already leading to increased production and job growth in the heartland. Op-ed by Michael Stumo, CEO of CPA, originally appeared in The Hill on October 22,…