Editor’s note: The WTO is indeed dying. Perhaps nothing should replace it. The US should determine and implement its trade policy through domestic laws, conditioning access to the US market upon playing by our rules. We have that power as the dumping market of first and last resort for global oversupply of goods and capital. …
Editor’s Note: Roger Simmermaker is a CPA member and author of “How Americans Can Buy American: The Power of Consumer Patriotism.” Costly new regulations could erase some of the competitive advantages U.S. producers have gained [Roger Simmermaker | November 21, 2019 | Lifezette] U.S. consumers who haven’t been buying American products and have been getting their…
Editor’s Note: Zach Mottl is the chief alignment officer of Atlas Tool Works and a past chairman of the Technology and Manufacturing Association of Illinois and on the CPA board. Each year, the United States imports more than $2 trillion worth of goods. And whether it’s cars, flat-screen TVs, or medical devices, these products all face…
Excerpt: The tariffs matter because steel is important. It’s a key measure of a nation’s economic security. Steel is the bedrock commodity needed to build transportation, infrastructure, housing, and power distribution. Our products are used in everything from commercial construction and apartment buildings to energy infrastructure and data centers. [Barry Zekelman | November 22 2019 |…
Editor’s note: Chinese espionage against Monsanto. WASHINGTON (Reuters) – A Chinese national who worked for Monsanto before it was purchased by Bayer AG was charged in St. Louis, Missouri, on Thursday with stealing trade secrets for China, the U.S. Justice Department said. [Eric Beech | November 21, 2019 | Reuters] Haitao Xiang, 42, an employee…
Editors note: This is a very very good article covering our new job quality index. The numbers tell one story. Unemployment in the US is the lowest it’s been in 50 years. More Americans have jobs than ever before. Wage growth keeps climbing. [Gwynn Guilford | November 21, 2019 | Quartz] People tell a different…
Editors note: This is a good sign that the president is not looking to close the phase one deal with China. They would never comply. They will have to buy our agricultural products anyway. The tariffs should be made permanent and expanded. “I like what’s happening right now,” president says. [Paul Connor | November 20,…
Sales-based system could address corporate tax avoidance Washington. The Coalition for a Prosperous America (CPA) is urging the Organization for Economic Cooperation and Development (OECD) to support a move to sales factor apportionment (SFA) as part of its comprehensive review of international corporate tax systems. CPA submitted public comments to the OECD last week. The…
Editor’s note: Good news. We need comprehensive tariffs on all Chinese imports. Make them permanent. China is a pariah state. WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and…
Editor’s note: See this new Senate report on the Chinese government program to transfer or steal knowledge and research from American universities. EXECUTIVE SUMMARY American taxpayers contribute over $150 billion each year to scientific research in the United States. Through entities like the National Science Foundation, the National Institutes of Health and the Department of Energy’s…