How to Fix Manufacturing’s Poor Image

“The American public’s perception of manufacturing may be at an inflection point. The good news is manufacturing clearly matters to many Americans, with the vast majority viewing U.S. manufacturing as crucial to America’s economic prosperity, standard of living, and national security,” said a new report.  [IW Staff | July 13, 2017 |Industry Week] U.S. manufacturing…

USTR Releases NAFTA Negotiating Objectives

Washington, D.C. – United States Trade Representative Robert Lighthizer today released a detailed and comprehensive summary of the negotiating objectives for the renegotiation of the North American Free Trade Agreement (NAFTA). Through the renegotiation of NAFTA, the Trump Administration will seek a much better agreement that reduces the U.S. trade deficit and is fair for all…

CPA Statement on Trump Administration’s New NAFTA Objectives

Washington ~ The Coalition for a Prosperous America (CPA) largely supports the Trump administration’s newly released NAFTA Objectives as an important change in the direction of America’s trade strategy. “Never before has a president prioritized reduction of the US trade deficit in trade negotiations,” said Dan DiMicco, CPA Chairman. “The Trump administration’s NAFTA objectives for trade in…

Trump’s trade warrior prowls the West Wing

Peter Navarro, one of the White House’s top trade advisers, is widely viewed throughout the West Wing and Capitol Hill as a prickly personality with extreme policy ideas. [NANCY COOK and ANDREW RESTUCCIA | July 11, 2017 |Politico] Peter Navarro, one of the White House’s top trade advisers, is widely viewed throughout the West Wing and Capitol Hill as…

Washington Times: How to Fix the Trade Deficit

President Trump is falling woefully short on his promise to fix the trade deficit. It’s on track to hit $570 billion this year — up from $505 billion in 2016. Apologists argue the trade gap permits Americans to purchase less expensive consumer goods, while critics blame it for job losses. Three things are certain —…

The Threat of U.S. Dollar Overvaluation: How to Calculate True Exchange Rate Misalignment & How to Fix It

This memo explains (1) the dollar overvaluation problem, (2) how to accurately calculate the dollar’s misalignment against trading partner currencies, and (3) how the Market Access Charge (MAC) that CPA and others favor would fix this serious threat to America’s future. by Michael Stumo (CEO)Jeff Ferry (Research Director)and John R. Hansen (Advisory Board) The foreign exchange…