Editors note: CPA board member Burl Finkelstein is featured in this article on our trade conference last month in March. While trade tensions have left some companies feeling uneasy, especially those with a global footprint, others are applauding the Trump administration’s “America First” stance. And a contingent of those supporters gathered at the White House…
Editors note: Interesting article on How China restricts businesses from operating there. However, the US interest is getting more firms and employment in the US, not in China. What’s Missing From the U.S.-China Trade Deal [David Hoffman | April 11, 2019 | Bloomberg] The only way to truly change Chinese commercial behavior is to open…
By David Morse, Tax Policy Associate Director “There is not going to be a return to a golden age of tax, this is about change,” declared Will Morris, chair of the Business and Industry Advisory Committee to the OECD’s Committee on Taxation and Fiscal Policy. At the recent historic OECD public consultation meeting on taxing…
Background: The Coalition for a Prosperous America (CPA), a 501(c)(3) nonprofit organization, is seeking a part-time Tax Research Assistant to support the CPA Economics team with research on corporate taxation issues. CPA is a bipartisan coalition of US manufacturers, agricultural groups, and labor unions. CPA engages in educational efforts and advocacy related to US trade…
Editor’s note: Free trade skepticism has, before Trump, been more concentrated in the Democratic Party than the Republican Party. President Trump’s trade reform agenda took the issue away from Democrats who feared agreeing with him. This is an article describing how Democrats can and should get active on trade reform once again. The alternative to…
Excerpt: “There is no national security without internet security,” Chinese President Xi said in a speech this year. “If we cannot succeed on the internet, we will not be able to maintain power in the long run.” HANGSHA, China — Inside a fishing gear store on a busy city street, the owner sits behind a counter, furiously…
Editors note: The prospect of “decoupling“ from China is now entering the debate in a positive way. The trade war is nearing a possible truce, but global companies are nevertheless moving to reduce their dependence on Chinese factories to make the world’s goods. [Keith Bradsher | April 5, 2019 | New York Times] Companies around…
Editors note: Even Jamie Dimon has almost reversed his position, now supporting aggressive China action and stating that financial market fears should be ignored because the real economy is doing very well. J.P. Morgan Chase CEO Jamie Dimon did not condemn the White House’s decision to face off with China on trade. Even if it’s a drag…
Excerpt: “the directive of China’s 2017 Intelligence Law legally requires that ‘any organization or citizen shall support, assist, and cooperate with’ the security services of China’s One-Party State.” Six retired U.S. defense officials issued a statement on Wednesday warning that European and Asian partners could put American military operations at risk if they use Chinese…
Editors note: Even those soft on China support tariffs now, even those that opposed them in the past. America should increase tariffs on China going forward. Despite positive messages from both sides, hopes are fading that they can find mutually beneficial policies. [Jenny Leonard | April 5, 2019 | Bloomberg] President Trump, who made taking on China’s…
