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…
CPA Helps Revive Oldest US Copper Producer
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.
Roger is the CEO of Fredon Corporation in Mentor OH. Fredon has faced unfair competition with foreign companies. He believes that if something isn’t done fast, we are on a one way track to destruction across American manufacturing. He joined CPA because he knew that our coalition could speak louder than he could individually.
By Jeff Ferry, CPA Research Director General Motors is having a very good year in 2018. That’s right. You read that right, a good year. Maybe even an excellent year. In Q3, its earnings performance knocked it out of the park. Wall Street was expecting earnings of $1.25 and the carmaker delivered $1.87. On the…
Throughout 2018, there has been a constant wave of criticism regarding the tariffs that President Trump imposed on an array of imports, principally from China. Op-ed by Jeff Ferry, CPA Research Director, appeared in The Hill on December 17, 2018 However, the evidence shows that the tariffs are actually working. Economic growth is up, inflation is under…
Editor’s note: This is an excellent article with a short economic history of how strategic trade, in the form of tariff intervention, is a fundamental part of how successful nations grow from poor to rich. From Great Britain to the United States to China. [Spencer P. Morrison| December 11th, 2018 | American Greatness] China’s economy is…
Editor’s note. The US China skirmish is really about whether our economic, military and geopolitical strength will be eroded. The massive technology theft is only one piece. Count the straws in the wind, and it looks like the trade tensions between the U.S. and China could be moving closer to a resolution. Don’t relax just yet,…
Editor’s note: This article is posted because the UK’s trade deficit in goods was one reason voters approved Brexit last year. It parallels the trade deficit harm caused in the US. Excerpt: “One priority is a sustained effort to promote manufacturing, which provides well-paid jobs and is especially important in the Midlands, the north of England and Northern Ireland.…
Editor’s note: Ralph Gomory, the author of this article, serves on the CPA Advisory Board. Trade is not working out for our country in the widely beneficial way that it can and should. This is happening because the focus of large American companies on stockholder gain as their only goal makes it possible for trade…