Editors note: From the archives, this 2014 article shows two things. First the federal reserve bank is not apolitical and worked hard to pass NAFTA. Second, that the Mexican trade deficit is more currency related than many people think. Low tariffs make off shoring easier when foreign currencies devalue. The inside story of how the…
Editors note: Peter Navarro is CPA’s hero too! If you Google Peter Navarro, President Trump’s trade guru (he is actually called “assistant to the president and director of Trade and Manufacturing Policy”), you might read that he is considered a “heterodox” economist. We suppose this means out of sync with many or most professional and…
Excerpt: “If the Fed cuts rates, the dollar will weaken off, but the issues around the world will offset that. The problem of the strong dollar doesn’t just go away.”(Bloomberg) — The dollar has been ascendant in 2019 and forecasts for a U.S. recession are growing louder. If the greenback’s strength keeps up and the…
Editors note: This article confirms CPA’s recent research showing that businesses are accelerating their moves out of China, some are moving back to the US and that the US consumer is not being harmed. Hasbro shifting its business out of China has been positive for the company, according to its CEO. “It’s gone very well…
Editor’s note. Made in America Movement is a CPA member. A Northeast Pennsylvania-based business that is one of the country’s biggest promoters of American-made products is merging with a competitor to enhance its size and influence. [Bob Kalinowski | August 27, 2019 | Citizens Voice] The Made in America Movement, based in Scranton, has agreed…
