By Michael Stumo In 2019, a House resolution established a bipartisan “Select Committee on the Modernization of Congress” that sought to make Congress more efficient and transparent. Recently, the Committee offered a lengthy list of recommendations to improve everything from staff pay and mailing procedures to cybersecurity and communications systems. However, amidst various mundane proposals…
Chief economist argues KORUS made up to 194,000 Americans unemployed Washington. The Coalition for a Prosperous America (CPA) will testify today at a hearing of the U.S. International Trade Commission (ITC). CPA Chief Economist Jeff Ferry will detail flaws in the ITC’s most widely-used economic model for trade and will offer a revised model that…
Fee on foreign transactions could make dollar more competitive Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the benefits of realigning the U.S. dollar. Currently overvalued by an estimated 27 percent, the U.S. dollar has become a serious impediment to U.S. export competitiveness. The CPA study found that a…
Each year, the Office of the U.S. Trade Representative (USTR) produces a report on China’s compliance with its World Trade Organization (WTO) commitments. Ahead of this year’s report, the Coalition for a Prosperous America (CPA) has submitted comments to the USTR. CPA’s letter focuses on China’s many broken promises, particularly in the automotive and electric…
Supports Federal Transit Administration challenge to China railcar contract Washington. The Coalition for a Prosperous America (CPA) today praised a Federal Transit Administration (FTA) call for American-made railcars in purchases by the Washington Metropolitan Area Transit Authority (WMATA). In a letter to WMATA General Manager Paul Wiedefeld, FTA Deputy Administrator K. Jane Williams urged the agency…
CPA’s Take: The WTO just pounded more nails into its own coffin. CPA is quoted in this article. U.S. disputes finding, has long called World Trade Organization provisions inadequate [Josh Zumbrun and Daniel Michaels | September 16, 2020 | WSJ] The World Trade Organization ruled Tuesday that some U.S. tariffs against China broke international trading rules,…
By Kenneth Rapoza, CPA Industry Analyst Labor and human rights move to the fore in dealing with China. Sourcing cotton or computer equipment from Xinjiang? Look out. This week, Customs and Border Protection issued orders to block imports from five new companies stationed in Xinjiang, the infamous Western China province that is home to “re-education…
“Conscious Beauty. Clean Beauty. Green Beauty. Sustainable Packaging. Selfcare. Wellness. Health. Safety…” These are key buzzwords for today’s conscious-beauty consumer. She/he strives to protect the environment, prevent animal testing, ensure healthy ingredients, guarantee fairness in manufacturing and labor, and support noble social causes — all while looking beautiful. [Randa Fahmy | September 8, 2020 |…
New federal rule could eliminate fraudulent product claims Washington. The Coalition for a Prosperous America (CPA) today praised the Federal Trade Commission (FTC) for strengthening its rules governing “Made in USA” product claims. CPA, which had actively pushed the FTC to update its policy on products sold in the United States, believes the new rule could…
Smaller U.S. companies continue to pay a higher effective tax rate, stunting their growth and encouraging more offshoring by large multinationals The presidential election campaign is in high gear and both Donald Trump and Joe Biden are busy making their case to the American people. And clearly the economic toll of the COVID-19 pandemic has…
