by Kenneth Rapoza, CPA Industry Analyst A recent Ways & Means Committee meeting shows Congress is not on the same page with the post-pandemic reshoring of critical supply chains. Relying on allies is too kumbaya for us. The US Congress can only influence, and truly depend, on one supply chain—our own. One of the biggest…
By Kenneth Rapoza, CPA Industry Analyst It makes no sense to allow China airport passenger bridge maker CIMC Tianda to benefit from Federal grants. They get them already from Beijing. Congress took an important step in halting the flow of taxpayer money to Chinese jet bridge manufacturers recently. They figured out that it’s unwise to…
CPA’s take: It’s great to see the Trump administration invoking the DPA to lend Kodak some serious money, great to see a historic US company getting into the pharma business, and great to see 300 jobs to be created in Rochester NY. The Eastman Kodak Company has secured a $765 million Defense Production Act loan to…
Presses USTR Lighthizer to pursue broad reset of tariffs at WTO Washington. The Coalition for a Prosperous America (CPA) today sent a letter to U.S. Trade Representative Robert Lighthizer supporting a substantial renegotiation of bound tariffs set at the World Trade Organization (WTO). Specifically, CPA is urging Lighthizer to begin a GATT Article XXVIII process…
