Sends letter to U.S. Trade Representative in support of Section 301 Trade Case Sends letter to U.S. Trade Representative in support of Section 301 Trade Case Washington. The Coalition for a Prosperous America (CPA) has submitted comments to the Office of the U.S. Trade Representative (USTR) in support of an investigation into Vietnam’s deliberate currency undervaluation.…
CPA’s Take : China is planning to spend over $1 trillion on catching up to the US in technology, especially chipmaking. The US must make spending and investing in a US-based chip industry a high priority, starting now. CPA’s Take: China is planning to spend over $1 trillion on catching up to the US in…
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…
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…
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…
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…
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 The World Trade Organization has ruled that over $230 billion worth of the Trump Administration’s “fair trade” tariffs, known as the Section 301 tariffs, break the global trade group’s rules. We doubt the US will be removing those tariffs on China. If they did, Washington loses its trade negotiating…
