Editor’s Note: Jeff Ferry is chief economist at the Coalition for a Prosperous America (CPA). Two decades of offshoring pharmaceuticals has hurt our national security. [Jeff Ferry | March 17, 2020 | Industry Week] With breathtaking speed, the coronavirus has revealed a previously overlooked vulnerability in the U.S. economy. The United States has become heavily dependent…
Editor’s note: The silver lining in the coronavirus outbreak is that calls for reshoring medical supplies and devices is becoming very strong. Which will help the efforts to reshore other industrial sectors. New Jersey used to manufacture the world’s medicine supply. But today, the majority of ingredients necessary to make your medicine — more than…
Editor’s note: Michael Stumo asks, in this op-ed: Why do we let Chinese companies sell products made with forced labor in our market when we do not allow US companies to do it? This past December, a London family bought a package of Christmas cards to mail to friends. Their 6-year-old daughter opened one of…
Editor’s Note: CPA member Steve Papa explains Parallel Wireless’s strategy for 5G. His goal is to destroy Huawei by building and deploying the world’s best 5G networks. The global race for 5G leadership is especially important because, apart from all the associated job creation and economic growth from 5G business offshoots, our national defense relies…
U.S. must launch immediate manufacture of critical medicines Washington. The Coalition for a Prosperous America (CPA) is praising the Senate testimony by Rosemary Gibson. A CPA member and author of ‘China Rx,’ Ms. Gibson told a Senate committee that Congress must immediately fund the manufacture of generic drugs currently being rationed during the coronavirus outbreak. Many…
Excerpt: The good news is that the United States doesn’t need to depend on China for its renewable energy supply chains. Instead, America should start matching China’s industrial strategy. And that means tapping our domestic mineral resources. It’s time to mine rare earth metals at home [Michael Stumo | March 8, 2020 | Dallas Morning News]…
Editor’s Note: New CPA member Parallel Wireless CEO Steve Papa talks about his plan to disrupt Huawei with new 5G wireless systems based on a completely new RAN (radio access network). US lawmakers and tech experts want a strong American competitor [Audrey Conklin | March 8, 2020 | FoxBusiness] As Chinese tech giant Huawei continues to…
Delivers China testimony to House Ways and Means Committee Washington. In response to a House Ways and Means Committee hearing on the impacts of trade with China, the Coalition for a Prosperous America (CPA) has submitted its analysis of comprehensive offensive and defensive strategies that the U.S. should implement. The document reflects both CPA’s research…
By Steven L. Byers, PhD and Jeff Ferry The US trade deficit in goods and services for January 2020 fell 6.7 percent from December, to $45.3 billion, as January’s monthly imports decreased more than exports. On a year-over-year basis, January’s goods and services deficit fell $8.5 billion, or 15.8 percent, from January 2019, continuing the…
Editor’s note: This is good news. But check out how many other international organizations China leads! Singapore’s Daren Tang beat Chinese contender for World Intellectual Property Organisation role [Katrina Manson, Primrose Riordan | March 4, 2020 | FT] A US campaign helped prevent China’s contender from taking the helm of the World Intellectual Property Organisation…
