Editor’s Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund. Right now, Washington is preoccupied with efforts to support struggling U.S. businesses during the COVID-19 pandemic. Surprisingly, some companies that use tax havens to avoid paying U.S. taxes are trying to get their share of this relief aid…
Overall Deficit Rises 12% Due to EU, Mexico, & Canada By Steven L. Byers, PhD and Jeff Ferry As the US went into a self-imposed quarantine, US trade volume collapsed, with exports down 11 percent from a year ago and imports down 12 percent. The US goods trade deficit with China fell to $11.8 billion,…
Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo As the toll from the COVID-19 pandemic mounts, more and more Americans are saying the same thing: “We need to bring manufacturing back from China.” [Michael Stumo | May 1, 2020 | News-Press] This makes sense, given the…
Excerpt: “There is no confidence that this device should be used to transfer critical care patients within or between hospitals due to the unreliability of oxygen and ventilation delivery, lack of adequate safety alarms and continued need for fine titration of settings,” it said, using a technical term relating to the fine-tuning of the devices. Exclusive:…
Editor’s Note: Greg Owens, owner Co-Founder & CEO, Sherrill Manufacturing/Liberty Tabletop, is the Co-Chair of CPA’s Buy American committee. SHERRILL, N.Y. – Many of us have a renewed sense of purpose in our purchasing and are making conscious decisions to seek out and buy American made products. We all know this is important but there are…
Sends letter critiquing contracts that favor subsidized imports Washington. The Coalition for a Prosperous America (CPA), whose members include manufacturers and agricultural producers throughout the United States, today sent a letter to Pete Gaynor, the administrator of the Federal Emergency Management Agency (FEMA). CPA’s letter urged Gaynor to revise FEMA’s focus on awarding “low price”…
Excerpt: There’s little time to waste. America must bring back key industries from China. And we must enact an ambitious trade and infrastructure program to create millions of good-paying jobs, jumpstart the economy and make America stronger than we were before COVID-19. This makes sense, given the tremendous disruption caused by the coronavirus. Medical supplies are…
Editors Note: This is a great next step to keeping dual use military-civilian technologies out of China’s hands. (Reuters) – The United States said on Monday it will impose new restrictions on exports to China to keep semiconductor production equipment and other technology away from Beijing’s military. [Karen Friefeld | April 27, 2020 | Reuters]…
CPA is honored and excited to announce the addition of Andy Warlick, CEO of Parkdale Mills, to our board of directors. “Andy is committed to rebuilding US manufacturing and fighting trade cheating,” said Dan DiMicco. “I have long admired Parkdale Mills, a company that proves that USA textile manufacturing can be competitive with any company…
Editors note: This looks promising. Commission says the state-owned businesses must prove they aren’t subject to Chinese government control [Kate O’Keeffe | April 24, 2020 | WSJ] WASHINGTON—The Federal Communications Commission ordered four Chinese state-owned telecommunications operators to explain why it shouldn’t withdraw permission for them to operate in the U.S., paving the way for…
