This Working Paper examines the impact of the proposed Market Access Charge (MAC) on international capital inflows into the US economy and the domestic US economy. We build a model including the relationships between US capital flows, the dollar exchange rate, US trade, and the US domestic economy. Our conclusion is that a 5% MAC…
Fee on foreign transactions could make dollar more competitive Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the benefits of realigning the U.S. dollar. Currently overvalued by an estimated 27 percent, the U.S. dollar has become a serious impediment to U.S. export competitiveness. The CPA study found that a…
CPA’s Take: CivicaRX CEO Martin VanTrieste explains why it is essential, and achievable to reshore pharmaceutical production to the US. Two years ago, a group of U.S. hospitals launched Civica Rx, a nonprofit generic drug company that I have the honor to lead. Its core mission is to deliver quality medicines at sustainable prices. [Martin Vantrieste…
By Kenneth Rapoza, CPA Industry Analyst The Office of Trade and Manufacturing Policy recently published a quick look at some of the ways the government has tried protecting US manufacturing jobs. The White House released its report on its Buy America track record on Friday, and as we approach an election, we are hopeful that…