Not everybody is opposed to President Donald Trump’s tariff moves against $34 billion in Chinese goods. [Chris Clayton | June 17, 2018 | The Progressive Farmer] Senate Minority Leader Chuck Schumer, D-N.Y., in an interview Sunday on a New York radio program, agreed with Trump that China doesn’t treat the U.S. fairly. “It’s going to…
Dan DiMicco, former Nucor CEO, discusses the White House’s newly announced tariffs on Chinese goods.
CPA member companies and organizations had this to say about the section 301 tariffs announced by the White House today. Roddey Dowd, Jr., CEO, Charlotte Pipe and Foundry Co.: Our company has been the victim of intellectual property theft. A company in China markets our products throughout Asia using our logo. Charlotte Pipe strongly supports…
Washington. The Coalition for a Prosperous America (CPA), which includes more than 4 million members in the manufacturing, agricultural, and labor sectors, today strongly praised the Trump Administration’s implementation of new tariffs on $50 billion worth of Chinese goods produced via intellectual property theft, forced technology transfer, and cyber attacks. CPA sees this Section 301 tariff…
Editors note. Another US industry China is trying to takeover using taxpayer funds. Rahm Emanuel, the Chicago mayor, is helping the Chinese rather than working for American companies and workers. The Chinese Communist Party (CCP) is taking steps to control the U.S. rail industry, leveraging state funding to undercut competitors, force private companies out of…
Says bill is major step toward addressing China’s cyberhacking and high-tech theft Washington. The Coalition for a Prosperous America (CPA), which represents more than 4.1 million manufacturing, agricultural, and labor households, has endorsed the ‘Fair Trade with China Enforcement Act’ recently introduced by Sen. Marco Rubio (R-FL) in the Senate and Congressmen Mike Conaway (TX-11)…
Editors note: It is CPA’s position that the full $50 billion of Chinese exports should be subject to the tariffs. And that we should plan to go further with tariffs on another $100 billion imports. China’s technology theft and trade surplus of $387 billion annually with the US is unlikely to be remedied without even…
Editors Notes: CPA’s CEO, Michael Stumo, just returned from a trip to Berlin during which he spoke with German government officials and think tanks. Some Germans understand the problem of their trade surplus in the US trade deficit, but others do not. Certainly, the German government has not acted to balance trade or to contribute…
Editors note: this article makes clear that CPA’s preferred tax system, sales factor apportionment, would be better for US production. It would eliminate the tax discrimination in favor of multinational in foreign companies and against against US domestic companies. Multinational companies shift about 40% of the profits they earn outside their home countries into tax havens, eluding…
CPA Research Director Jeff Ferry said: “Despite slightly better monthly trade data for the month of April, the US trade picture in 2018 continues to worsen. For the first four months of the year, our trade deficit year-to-date 2018 was $201 billion, 11.5% worse than the comparable period in 2017. At this rate, we are…