Is the U.S. Still Financing China’s Military Might?
Yes, in many ways the U.S. is funding China’s defense sector through venture capital, portfolio investments, and computer hardware sales to companies on the Entity List.
Pharmaceuticals Are Heavily Outsourced. Can the U.S. Make More of it Here?
The U.S. is increasingly dependent on imports for drugs. One reason: a tax avoidance scheme that pits U.S. manufacturing up against Europe. What can be done about this problem?
Americas Act Addresses Key Failure of Past Trade Deals
U.S. Senator Bill Cassidy (R-LA) has released a discussion draft of a sweeping, ambitious bill titled the “Americas Act”. The bill states its aim to “establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere”. But unlike every other U.S. trade agreement in the last century, the Americas Act actually undertakes…
Chinese Companies Build Factories in Mexico to Exploit “Friendshoring”
Key Points Products manufactured in Mexico contain an increasing amount of Chinese value. Foreign direct investment by Chinese firms in Mexico is up 276%, averaging $225 million annually, compared to investment prior to the U.S. imposition of Section 301 tariffs on Chinese goods. Chinese investment in Mexico means manufactured goods in Mexico will contain an…
It’s Productivism, Not Protectionism
Global Rebalancing Will Lead to Global Prosperity European leaders and the media are up in arms over recent U.S. policy decisions to support the reshoring of American industry. The export ban on advanced U.S. semiconductor equipment, the tax credits for renewable energy equipment made in the U.S., and especially the support for American-made electric vehicles…
Change in real income 2021 for U.S. households by quintiles and top 5%
Summary Annual U.S. Census report on incomes reveals that household median income fell slightly and inequality widened in 2021 Inequality and the shrinking size of the middle class have persisted in the U.S. for half a century. These trends are driven by globalization and the decline of U.S. manufacturing as a share of GDP. Inflation-adjusted…
CPA Applauds Bipartisan Senate Bill to Blacklist China & Other Foreign Adversaries Buying American Farmland and Agricultural Businesses
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Senators Mike Rounds (R-S.D.) and Jon Tester (D-Mont.) that would blacklist China, Russia, Iran and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture. China prohibits any foreign purchase of its domestic farm…
CPA Announces Legislative Scorecard
Key Votes on Pro-American Trade and Industrial Policy Legislation WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of its legislative scorecard, a comprehensive indicator of a lawmaker’s record on fighting for and supporting policies that rebuild U.S. supply chains, reduce and eliminate trade deficits, implement a robust national industrial strategy,…
CPA Applauds Bipartisan Legislation to Repeal Biden Solar Emergency Declaration that Allows Tariff Free Importation of Subsidized Chinese Solar to Continue Illegal Trade Activity
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Representatives Bill Posey (R-FL) and Dan Kildee (D-MI) that will repeal President Biden’s Solar Emergency Declaration, issued last June. Under the Congressional Review Act (CRA), Congress can repeal rules enacted by the executive branch if they were enacted within…
Pro-Growth Tariffs: Estimates from CPA’s New Trade Model
By Jeff Ferry and Amanda Mayoral Can tariffs can be effective at raising domestic output and income? We introduce real-world factor supply elasticities to the standard Global Trade…
Chinese Companies Build Factories in Mexico to Exploit “Friendshoring”
Key Points Products manufactured in Mexico contain an increasing amount of Chinese value. Foreign direct investment by Chinese firms in Mexico is up 276%, averaging $225 million annually, compared to…
FEATURED MEMBERS
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In 2019 the U.S. trade deficit with China hit its lowest point in three years. This was in due to the trade policies enacted by the U.S. government that have been championed by CPA for years. CPA understands what policies are necessary to balance out trade defecit with foreign nations and grow our manufacturing base. I am proud to be a member of this strategic and tactical coalition.
Paul Wellborn, Wellborn Cabinet