America’s Growing Food Trade Deficit Threatens Family Farms
It’s past time for Washington to implement a trade policy that rebuilds independence and prosperity for America’s domestic farmers and manufacturers.
Free Trade Agreements Have Damaged U.S. Agricultural Trade Performance
Decades of free trade agreements have led to a record $39 billion agricultural trade deficit in 2024, undermining the broader U.S. agricultural industry.
U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
The United States is now on pace to reach a $39 billion agricultural trade deficit in 2024 amid all-time record imports.
CBO Report Confirms CPA View that Tariffs Raise Trillions in Government Revenue and Benefit US Industries
The Congressional Budget Office’s (CBO) preliminary report on the impact of tariffs on the U.S. economy forecasts large benefits to the federal budget from tariffs and a tiny consumer price increase, confirming recent forecasts published by the Coalition for a Prosperous America.
New Steel Trade Measures Needed as Import Issues Impact Additional Plants
The continued influx of ever cheaper steel imports, particularly steel rebar and steel wire rod, is posing a serious threat to U.S. steel producers.
U.S. Manufacturing’s Shrinking Share of GDP and How to Catch Up
U.S. manufacturing has fallen from 21-25% of GDP in 1950s to about 10% today. The decline is worse than the average of first world developed countries. The result is an unbalanced economy excessively dominated by services and imports.
Keynes’ Support for Broad Tariffs
Keynes believed that free trade could exacerbate domestic unemployment and economic imbalances and argues for the use of tariffs and trade protections to safeguard national industries, preserve employment, and promote the balance of trade.
How Tariffs Benefit the Working Class and Reduce Income Inequality
Tariffs are a progressive policy that reverse the negative economic effects of free trade, creating good-paying jobs, boosting working-class income, and reducing income inequality.
Solid September Job Quality Index and Total Employment Growth, but Gains Tilted Towards Low Wage Service Jobs along with Declining Manufacturing Employment
The U.S. Private Sector Job Quality Index (JQI) was 83.58, up by +0.58% from the preceding month. Moreover, the overall September 2024 Jobs Report from the government’s Bureau of Labor Statistics showed strong job growth.
Currency Misalignment Monitor, October 2024
The U.S. dollar remains at about the same worldwide valuation in our latest quarterly Misalignment Monitor, continuing to create a double-digit import incentive to the great disadvantage of domestic U.S. producers.
