Consumption taxes are “border adjustable taxes” allowed under WTO rules. They average 17% globally. This means that virtually all foreign countries tax our exports at 17% on top of tariffs. They subsidize domestic shipments abroad with a 17% tax rebate. US.S. does not have a consumption tax to offset this advantage. View the Flyer
Editor’s note: The Rubio/Warner proposal to create an Office of Critical Technology is interesting. Reporting directly to the President is a tactic to permanently increase the profile of the issue. However, the ideal scenario may be that the Dept of Commerce be the agency that strategically advances US manufacturing and technology dominance. Two U.S. senators…
General Motors had a very good year in 2018. Op-ed by Jeff Ferry, Chief Economist of CPA, originally appeared in the Daily Mail West Virginia on Juanuary 4, 2019 You read that right, a good year. Maybe even an excellent year. The company’s third-quarter earnings knocked it out of the park. Wall Street was expecting…
Bill Jones is the President of Penn United Technologies in Cabot, PA. Unfair trade policies have taken his company from 700 employees down to 500 at one point. Find out what happened and why he joined CPA to rebuild our manufacturing sector.
Editors note: Professor Morici makes clear that the bilateral trade surplus China has with the US is core to funding its military rise and global ambitions. Resolving differences on trade, investment and industrial policies by March 1, as Presidents Donald Trump and Xi Jinping have resolved, is a terribly ambitious goal considering the complexity of…
Zoi Romanchuk is the VP of PR Machine Works, Inc. Currency manipulation from Asian countries has made them lose business. It’s a 3-4% difference, someone could live with, but 35-40% is nearly impossible. Hear her story and why she joined CPA to help stop currency manipulation.
Editors note. The administration now has support from business leaders on addressing China’s tech theft. But they still don’t get the threat of our trade deficit with China. When President Trump first threatened to levy major tariffs on China, business leaders worried the administration was using the wrong weapon on the right target. [John Stoll…
Manufacturer in NY Agrees that Trade Intervention is Absolutely Necessary
Editor’s note. This is an excellent article showing how China developed its steel industry and overcapacity as a foundation for its economic and manufacturing growth. All with state control, strategy, subsidies, denials, and concealment of intentions. China was leaving behind decades of deep poverty when Vice Premier Deng Xiaoping flew to Japan in 1978 to…
Editor’s note. CPA member Roger Simmermaker makes the case that all domestic producers should become CPA members. If you’re looking for a successful and influential organization that fights against the establishment and the media and their globalist, free trade-leaning agenda, then you should look into the Coalition for a Prosperous America (CPA). [Roger Simmermaker |…
