WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded two critical pieces of legislation reintroduced by Senator Elizabeth Warren (D-MA) that seek to combat U.S. dependence on foreign pharmaceutical supply chains and boost domestic U.S. pharmaceutical manufacturing. CPA has long called for restoring domestic capability to manufacture essential generic drugs, personal protective equipment…
A recent Senate Finance Committee hearing on the China threat bodes well for ongoing bipartisan support for American manufacturing. There are right ways and wrong ways to go about this. The wrong way: waiting for allies. The right way: revamping tariff laws that makes reindustrialization profitable.
Secretary of the Treasury Janet Yellen has provided an early signal of the Biden administration’s approach on currencies and currency manipulation. The US apparently has little intention of using currencies to address US economic problems, including slow growth, huge trade deficits, pervasive inequality, and a lack of good jobs. The economic analysis in the new…
CPA sent the following the letter to U.S. Trade Representative Katherine Tai urging that the emphasis on the transition to and growth of domestic “green” industrial production is the same as the intensity and dedication given to achieving climate goals. Dear Ambassador Tai: We appreciate your recent remarks at an event titled “Greening U.S. Trade…
