CPA Improves Leading Trade Model to Reflect Real-World Effects of Trade

Key Points The standard widely-used trade model, GTAP, has been wrong in its forecasts of every major U.S. trade agreement. CPA economists have modified the model to allow it to show more realistically the effects of trade policy on employment and the entire economy. Our modified GTAP model, GTAP-FP, finds that import restriction or policies…

CPA, Law Enforcement, and Drug Advocacy Groups Urge Biden to Close De Minimis Loophole to Address Fentanyl Crisis

WASHINGTON — The Coalition for a Prosperous America (CPA), along with a coalition of law enforcement and other organizations devoted to fighting against the fentanyl crisis plaguing our nation, today urged President Biden to take immediate action to close the de minimis loophole, which is contributing to the current drug crisis, including the importation of…