Legislation would hamper efforts to reshore domestic production Washington. The Coalition for a Prosperous America (CPA) is urging President Trump to consider vetoing legislation that would unilaterally eliminate tariffs on a variety of imported foods and goods that have been offshored and are no longer produced in the US. Both the House and Senate have passed…
Editor’s note: Interesting. A majority of business owners, including small business owners, surveyed in a new poll support additional tariffs on China, Mexico, Europe and Canada, although most expect negative effects on the economy if there’s a trade war, according to new UBS polling provided exclusively to Axios. [ Stef W. Kight & Jonathan Swan | August 2, 2018…
Editor’s note: The US is not the only country concerned about weaponized incoming investment from China. Germany just blocked China’s acquisition of an advanced machine tool making company. A Chinese company dropped its bid to acquire an advanced manufacturer in Germany after the German government prepared to veto the deal, reports Caixin Global. [August 2, 2018…
Editor’s note: President Trump publicly stated his intention to further increase tariffs on $200 billion of Chinese imports from 10% to 25%. The USTR press release below describes how that decision is being implemented. CPA members should consider whether to submit comments to support keeping or adding their products on this tariff list. Washington, DC –…
A steel pipe mill in Conroe will reopen this year, and the company says it’s in part thanks to President Donald Trump’s new tariffs on foreign steel Editor’s note: We continue to see job creation from the tariffs, though you won’t read about it in the national media. Tenaris’ Conroe plant largely shut down three years…
When Henry Ford introduced the Model T, the United States became the epicenter of a global automotive boom. Cars, jeeps, ambulances and tanks figured tremendously in both war and peace, and yielded industrial advances that employed millions of Americans. [George Boyd Jr. | August 1, 2018 | Morning Consult] Essentially, the automobile became the hub…
The U.S. Department of Agriculture (USDA) recently announced a $12-billion plan to support farmers and ranchers harmed by China’s retaliatory tariffs. Op-ed by Michael Stumo Originally Appeared on The Hill on July 31, 2018 Sen. Michael Bennet (D-Colo.) slammed the move in a tweet: “This solution is as insane as the policy that got us into this…
Protecting downstream products helps US economy Washington. The Coalition for a Prosperous America (CPA) today lent its support to a possible increase in tariffs on Chinese imports. To date, Beijing has refused to halt predatory actions that have spurred an initial 10 percent tariff on $200 billion of Chinese imports. The president has now signaled a…
Editor’s note: This admission by Ambassador Zhang Xiangchen of China shows just how wrong free trade proponents have been. China is not changing, never wanted to change, and is happy with their predatory economic strategy. “We have never changed our position,” he said. “As for those who speculated that China would change and move onto a different…
Editors note: Strange that this article does not even discuss that China is a predatory state directed economy with serious geopolitical goals. Only quantitative comparisons of trade and investment are discussed… a marginally relevant analysis. President Trump keeps raising the stakes in his standoff with China over trade, but he’s backed down, for now, in…