Editor’s note: CPA board member Zach Mottl, Atlas Tool, appeared on Fox News to discuss China’s intellectual property theft, why they will not change, and why the administration is right to impose tariffs.
Earlier this year, trade experts explained to two audiences in Seattle how workers should adjust to the global economy. Workers displaced by global competition could learn computer skills and move to Boston, San Francisco, and Seattle. [Stan Sorscher | December 7, 2018 | The Stand] One of the experts expressed disappointment at her failure in…
Non-competitive Dollar, Front-Running of Tariffs Drive Up October Deficit, Imports By Jeff Ferry, CPA Research Director The monthly US trade deficit rose by $0.9 billion in October, reaching $55.5 billion, as exports fell slightly while imports rose by $600 million. The monthly data suggests that tariffs have yet to impact the trade picture. Anecdotal evidence…
Editor’s note: CPA’s recent study on the positive impact of tariffs was covered in the Epoch Times. Despite many critics projecting that tariffs will push the U.S. economy into a recession, a newly released study predicts that the duties will promote job growth in the United States. [ NATHAN SU | December 4, 2018 | Epoch Times]…
The CPA Education Fund, the charitable arm of the Coalition for a Prosperous America, is looking for a Marketing and Development Manager who is an excellent oral communicator, highly organized and a self starter. The candidate will help organize and oversee our membership relations, communications, development efforts and education programs. He or she should have…
Editor’s note. This four year old article by Jared Bernstein, former Chief Economist for former VP Joe Biden is an excellent explanation of why and how the US dollar value has a major influence on our trade deficit. CPA has the solution, a market access charge to moderate incoming capital flows and push the dollar down to…
By Jeff Ferry, CPA Research Director Since January, the Trump administration has implemented five major tariff policies, on the solar panel, washing machine, steel, and aluminum industries, as well as the so-called Section 301 tariffs affecting $250 billion worth of Chinese imports, chiefly in intermediate manufactured goods. And so far, the evidence is that the…
Excerpt: Many of the people who contributed to the report are prominent scholars with a deep affection for China who held out hope that its government would liberalize. Their disillusionment represents a shift in the debate over the trajectory of U.S.-China relations. More hawkish administration officials and advisers said they saw the report as evidence the U.S. China-policy establishment is…
Editor’s note: This is a positive development. WASHINGTON—President Trump has named U.S. Trade Representative Robert Lighthizer, a hard-liner on China, to head trade negotiations with Beijing following a weekend summitwith Chinese President Xi Jinping, people familiar with the decision said. [ Bob Davis and Vivian Salama | December 3, 2018 | WSJ] The president informed Mr. Xi of his…
Editor’s note: It is very important to fix the noncompetitive dollar. The economic surge for farmers, ranchers, workers and manufacturers would be very large. It made for heavy news this week. General Motors announced plans to cease production at five plants that could lead to roughly 14,700 layoffs by the end of 2019. GM shutdowns will hit hardest in industrial states like…
