Editor’s note. It is a win if companies move out of China, which uses predatory economic strategies to achieve larger global goals. It is a bigger win if the companies move to the US. GoPro announced on Monday that it plans to move “most of its US-bound camera production” out of China by summer 2019…
By Jeff Ferry, CPA Research Director On Dec. 6th, the Tax Foundation published a brief document claiming that the tariffs implemented by the Trump administration earlier this year impose a $42 billion cost on Americans. The claim is wrong and based on misleading analysis, as a quick look at the facts and economic analysis of…
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…
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.
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]…
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. 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…
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…
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…
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…