Editors note: the trade skirmish with China continues to boost the US economy, not kill him. China continues to boost the US economy, not kill it. [Mike Rogoway | February 5, 2019 | oregonlive.com] Intel acknowledged late Monday it will soon begin building a massive new semiconductor factory in Hillsboro, which will surely run in the…
Editor’s note: The UAW is making a good move to urge a boycott of GM for offshoring to China while laying off US workers. There are plenty of cars and trucks made by US workers that we can buy. [John Binder | February 1, 2019 | Breitbart] Since GM executives announced the multinational corporation would lay off…
Editor’s note: Pay special attention to DNI Director Dan Coats’ statement and consider whether our issues with China are confined to trade. [Mark Kelton | February 5, 2019 | The Cipher Brief ] Director of National Intelligence Dan Coats briefed the Senate Select Committee on Intelligence last week about the comprehensive threat that China poses…
Editor’s note: And then they cried “wolf” again. This UN report lacks any credibility, ignores trade cheating and ignores global trade imbalances. If a global economic downturn was going to happen with China tariffs, it would have happened. The US and the world will be better off if we fix China’s economic predation and especially…
Editors note: The money quote, “It was highly unlikely China would agree to new disciplines targeting changes to its trade practices and economic system, the USTR said.” [David Lawder, Chris Prentice | February 4, 2019 | Reuters ] Negotiating new World Trade Organization rules to try to rein in China’s “mercantilist” trade practices would be…
By Jeff Ferry, CPA Chief Economist Three things happened last week that made me feel more confident than ever that US tariffs are working and China is losing the so-called “trade war,” which is not a war at all but simply a battle to enable the US economy to stand once again on its own…
Editor’s note: This Economic Policy Institute’s study quantifies the extent to which creating or destroying jobs in manufacturing has large indirect jobs ripple effects as compared to the service sector. Anyone involved in economic policy planning should understand these effects. [Josh Bivens | January 23, 2019 | Economic Policy Institute] When it comes to…
Editors Note: This is an important new expansion of the federal Buy America program to state level projects funded by federal money. CPA issued a press release in support of the announcement yesterday. President Trump on Thursday signed an executive order aimed at strengthening “buy American” principles in federal infrastructure programs, a move that builds off interagency…
Editor’s note: The US-China trade talks finished today. These are the talks arising from the 90 day tariff delay agreed to by Presidents Trump and Xi last November at the G20 meeting in Argentina. CPA is supportive of Ambassador Lighthizer and the trade team, but believes the fundamental nature of China’s long term economic, military…
Focus on state-level infrastructure projects will close potential gaps in coverage Washington. The Coalition for a Prosperous America (CPA) today praised President Trump’s executive order to strengthen Buy America preferences for infrastructure projects. While Buy America typically covers federal projects, the executive order will now extend such requirements to state-level projects that receive federal funding. “President Trump and…
