Editor’s note: Keith Bradsher does a good job laying out the mechanisms of China’s state sponsored technology theft and forced transfer. Its the tip of the iceberg. Companies have long accused Chinese rivals of swiping or seizing valuable technology. Beijing promises to ban those practices, but enforcement could be tough. [Keith Bradsher | January 15,…
Continues to seek tariff increases, exchange rate fix Washington. The Coalition for a Prosperous America (CPA) offered its initial support for the ‘Phase One’ China deal concluded today by the Trump administration. CPA’s members are cautiously supportive and believe the president’s use of tariffs and other leverage remains necessary to address China’s IP theft and other…
Editor’s note: This is an interesting legislative initiative for industrial strategy in the US, focused upon 5G. The US needs a combination of tariffs, industrial strategy and exchange rate realignment to win the global competition for good jobs and industries. Bipartisan bill would subsidize tech firms in their efforts to compete with Beijing-backed Huawei [Drew…
Editor’s note: This is an excellent article by Peter Navarro. Paragraph three and four capture CPA’s analysis and why we differ from conventional economists. Tariffs to preserve or build industries are an investment in future jobs, innovation and production. Conventional economic models ignore how they boost investment and national security. [Peter Navarro | January 13,…
Editors note: Germany talks multilateralism while acting unilaterally for its own Germany First interests. This article explains why we cannot expect to Germany to help us in the US China conflict. It’s comforting to believe that frequently rocky US-German relations over the last three years have been due largely to President Trump’s personal approach —…
Editor’s Note: David Morse is the tax policy director for CPA and has once again made the top 100 list, coming in at #3 for Tax Writers, Bloggers & Gurus. His focus on ending the Tax code discrimination against US domestic companies continues to be a reason so many are paying attention to CPA’s Tax…
Editor’s Note: The most massive producer subsidy program in world history keeps chugging along as China drenches the production sector with another $115B in newly minted renminbi plus forced lending requirements. The country’s central bank will in effect inject $115 billion into the financial system despite signs the economy has been improving. [Carlos Tejada and…
By David Lynn, Ph.D. President Trump is doing what no other president has ever done on trade—actually making progress as opposed to uttering empty rhetoric and finger-wagging. Trump, through the unilateral use of tariffs and their impact on the Chinese economy, has brought the CCP to the negotiating table. The Chinese are now seriously worried…
Editor’s note: Just three years ago, the conventional wisdom was that the US could do nothing about China’s behavior or its inevitable rise to become the biggest world economy. The conventional wisdom has changed for the better. US President Trump has been super proud of the accord, while Beijing’s response has been notably muted. But the trade talks…