Editor’s note: Sen. Rick Scott is pretty aggressive here. Don’t buy from China at all, he says. Buy American for jobs. Sen. Rick Scott is calling on people living in the United States to stop buying Chinese-made products in retaliation against the country’s communist government. [Mica Soellner | May 12, 2020 | Washington Examiner] The Florida…
Legislation would help consumers identify safe, American-made products Washington. The Coalition for a Prosperous America (CPA) today praised the introduction of new, bipartisan country-of-origin labeling legislation by Sens. Tammy Baldwin (D-WI), Rick Scott (R-FL), Chris Murphy (D-CT), and Kelly Loeffler (R-GA). The new bill, the ‘Country of Origin Labeling Online Act’ (COOL), would mandate that…
Editor’s note: The US needs to do this. Now. 40% of generic-drug makers warn that supply chains could fail in six months [Hiromitsu Goto | May 12, 2020 | Nikkei Asian Review] TOKYO — As the coronavirus pandemic brings Japan’s dependence on imported medical supplies to the fore, the government has started working with more than 400 domestic…
Editor’s note: CPA is proud to support this much needed law to require that goods sold online are clearly marked as to country of origin. Americans are more motivated than usual to buy USA made products. This is important for post-COVID recovery as well. The COOL Online Act updates our labeling laws for the online…
Editor’s note: The US Trade Ambassador lays out the “Lighthizer Doctrine”. Which is much different than the views of his predecessors. The pandemic, and Trump’s trade policy, are accelerating a trend to bring manufacturing back to America. [Robert E. Lighthizer | May 11, 2020 | NY Times] Some say crises don’t so much alter the…
Editor’s note: We must not let the COVID pandemic become a growth opportunity for China. Absent counter-action, they will take out our medical supply and device industry. Manufacturers quickly retool as their western rivals struggle against production constraint [Sun Yu, Xinning Liu and Tom Mitchell | May 11, 2020 | FT] When southern Chinese auto parts…
Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo. Manufacturers are stepping up during the pandemic—now it’s time for Congress to get trade policy right. [Michael Stumo | May 11, 2020 | Industry Week] As the tragic toll of the COVID-19 pandemic continues to rise, the United…
Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him on Twitter @michael_stumo. We’re now roughly two months into the global COVID-19 pandemic. Amid unprecedented economic disruption, Congress has already passed four pieces of bailout legislation at a cost of roughly $3.6 trillion. The spending is necessary, but one question keeps hanging in…
By Jeff Ferry, CPA Chief Economist Despite the COVID-19 crisis, Chinese technology company Huawei is having a good spring. In March, it reported that 2019 revenue rose 19 percent to $123 billion, a new high. In the first quarter of this year, Huawei’s chip division HiSilicon surpassed Qualcomm to become number one in the China…
Editors note: Perhaps the US needs to buy pork processing plants in China to export the meat to the US. What do you suppose Chairman Xi would do then? CHICAGO (Reuters) – U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers got sick and…