Letter to Rep. Sander Levin from Rep. Scott Peters

The following is a letter from Rep. Scott Peters to Rep. Sander Levin expressing concern about the TPP and Fast Track Authority.  The letter can be found here. The Honorable Sander M. LevinRanking Member Ways and Means Committee DemocratsI 06 Longworth House Office BuildingWashington, D.C. 20515 Dear Ranking Member Levin: I look forward to working with…

Video: Smart Taxes and Smart Trade

In this video, Michael Stumo lays out the full case for U.S. consideration of consumption taxes as a part of comprehensive tax reform, for the purpose of improving our trade balance.  The primary purpose is to neutralize the tariff and subsidy impact of foreign VATs, which help cause the U.S. trade deficit. The speech occurred…

CPA Submits ITC Comments on Japan Entrance to TPP

CPA submitted comments today to the ITC.  The topic is Japan’s entry into negotiations in the Trans Pacific Partnership.  We objected to Japan’s inclusion because: 1.  Currency manipulation enforcement and prevention measures are not included; 2.  Japan is a developed country selling finished goods, thereby competing directly with us.  Rather than a less developed country…

Senators Introduce Currency Manipulation Bill

AS U.S. TRADE DEFICIT WIDENS, SENS. BROWN, SESSIONS, SCHUMER, GRAHAM, STABENOW, BURR, COLLINS, AND CASEY INTRODUCE BIPARTISAN BILL TO HOLD CURRENCY MANIPULATORS LIKE CHINA ACCOUNTABLE FOR UNFAIR, ILLEGAL TRADE PRACTICES Bipartisan Jobs Bill – that Passed the Senate in 2011 – Could Create More than Two Million Jobs by Leveling the Playing Field for American…