Senate Republicans Want to Give Geneva a Leash to Heel U.S. Presidency
Senate Republicans, led by Mike Crapo, are willing to give the WTO more power over U.S. trade than the White House.
How Trade Remedies Helped U.S. Manufacturers
Solar and steel tariffs helped the industry expand. Here is where the naysayers were wrong about rising prices and market destruction due to anti-dumping charges and other trade remedies.
Monthly Trade Deficit Tops $100 Billion for First Time in History
An overvalued dollar is helping to exacerbate the country’s largest-ever trade deficit in goods. The U.S. is on pace for $1.1 trillion deficit in 2022.
Tariffs and Inflation: The Dog that Didn’t Bark
Press reports say that Treasury Secretary Janet Yellen is arguing for repealing a broad set of U.S. tariffs, allegedly as a way to fight inflation. Her argument is said to rely on a set of reports[1] published in March by the Peterson Institute that claimed that cutting tariffs would cut 1.3 percentage points off the…
How The Record Q1 U.S. Trade Deficit Shrank the Economy
For years, mainstream politicians and economists have pooh-poohed America’s huge and growing trade deficits and tried to argue they don’t matter. In the first quarter of 2022, those commentators got a wake-up call from the Bureau of Economic Analysis. On April 28, the BEA issued a press release pointing out that U.S. gross domestic product…
Tariffs Could Have Helped Us Avoid the Current Inflation Spike
By Amanda Mayoral Summary Global supply-chain crises, over-dependence on foreign production and government stimulus best explain the current inflation problem. Policy makers should learn from current crises and enact policies to reduce our strong dependence on unreliable foreign suppliers. Tariffs can cause a one-time rise in prices, but they don’t cause persistent month-after-month…
Xinjiang Police Files Expose Shocking, Unprecedented Evidence of China’s Use of Forced Labor
SEIA & It’s Chinese Members Lobbying Against Vigorous Implementation of Uyghur Forced Labor Prevention Act Senator Sherrod Brown on SEIA: “They’ve enabled the Chinese government and Chinese manufacturers to undercut American trade law… If we continue the way [SEIA] wants to go, we’ll never have solar manufacturing in this country.” [National Journal, 5/26/22] WASHINGTON…
CPA Applauds Brown, Casey, Kaptur Bicameral Letter in Support of Commerce Investigation into Illegal Chinese Circumvention
Senators, Members Call out SEIA as Agent of China WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Sherrod Brown (D-OH) and Bob Casey (D-PA), along with U.S. Representative Marcy Kaptur (D-OH-9), led a bicameral letter to President Biden to express their support for the Department of Commerce’s (DOC) investigation into…
CPA Urges Senate, House Leaders to Include National Critical Capabilities Defense Act in Final China Competition Bill
WASHINGTON — The Coalition for a Prosperous America, along with Main Street Alliance and the National Council of Textile Organizations, sent a letter to the leaders of the House and Senate in support of the bipartisan, bicameral National Critical Capabilities Defense Act (NCCDA) being included in the final conference report of the China competition bill.…
The Global Bicycle Market: A Comprehensive Plan to Re-Shore the U.S. Bike & E-Bike Industry
The United States bike industry is in the midst of an unprecedented boom, triggered by the COVID pandemic. Bike sales rose sharply in the spring of 2020, as gyms, yoga…
Tariffs and Inflation: The Dog that Didn’t Bark
Press reports say that Treasury Secretary Janet Yellen is arguing for repealing a broad set of U.S. tariffs, allegedly as a way to fight inflation. Her argument is said to…
CPA TRADE DATABASE
Key insights on US trade and its impact on the US and world economy.
The US has run a trade deficit every year since 1975, a 43-year run, unprecedented since economic record-keeping began. The CPA Trade Database provide insight into the causes and consequences of our trade deficit.
CPA RESHORING INDEX
CPA Reshoring Index Improves Slightly in 2020 as Manufacturing Trade Deficit Plunges to Worst Ever
Executive Summary The CPA Reshoring Index is the first and only measure of U.S. producers’ share of the U.S. domestic market for manufactured goods. It is calculated from federal government…
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