Washington. The Coalition for a Prosperous America (CPA) today congratulated the Trump administration’s achievement of a new trade agreement between the United States, Mexico, and Canada. The newly announced deal improves many of the provisions contained in the previous North American Free Trade Agreement (NAFTA). CPA Chairman Dan DiMicco said, “I want to thank President Trump…
Editor’s note: Remember this article the next time you hear someone say China is a free trade country. Members of the Communist Party of China (CPC) will be expelled from the Party if they openly adhere to bourgeois liberalization online, according to the newly revised regulations on Party disciplinary action that will take effect in…
The White HousesOffice of Press SecretaryFor Immediate Release September 26, 2018 Editors note: This is an on-the-record script of a call between USTR Robert Lighthizer and National Economic Council, Larry Kudlow, on what to expect on trade between the US and Japan. 309 P.M. EDT MS. WALTERS: Okay, with that, we are going to start…
Editor’s note: The full text of the joint statement of President Trump and Prime Minister Abe is below regarding an intent to enter into bilateral trade agreement negotiations. THE WHITE HOUSEOffice of the Press SecretaryFOR IMMEDIATE RELEASESeptember 26, 2018 1. On the occasion of our Summit Meeting in New York on September 26, 2018, we, President…
A majority of poll respondents support the China tariffs or giving them more time. [ELIZABETH BROTHERTON-BUNCH | September 20, 2018 | Alliance for American Manufacturing ] It’s fair to say that many D.C. insiders — particularly establishment Republicans — aren’t particularly fond of President Trump’s tariffs on Chinese imports. But outside the beltway, a sizable majority of…
Editor’s note: An excellent article outlining only a few of China’s horrible, terrible practices regarding tech theft and commercial espionage. DuPont Co. suspected its onetime partner in China was getting hold of its prized chemical technology, and spent more than a year fighting in arbitration trying to make it stop. [Lingling Wei and Bob Davis | September 25, 2018…
Washington. The Coalition for a Prosperous America (CPA) today said the renegotiated Korea-US Free Trade Agreement (KORUS) is a substantial improvement over the original deal. The revised agreement can help reduce large, persistent trade deficits within important sectors such as the automotive industry supply chain. Dan DiMicco, Chairman of the CPA, said, “President Trump continues…
Editors note: CPA Member, Sherrill Manufacturing, discuss how the tariffs could fuel record growth in their factory! Which, by the way, is America’s last producer of stainless steel flatware. WASHINGTON — President Donald Trump’s new tariffs on Chinese imports could fuel record growth at a Central New York factory that has become America’s last maker of stainless…
Many party leaders in Washington like tax cuts but dislike tariffs. Few Americans share that combination of views. [Jim Tankersley | Sept. 18, 2018 | NY Times] Excerpt: “Seventy-four percent of Republican voters say Mr. Trump’s trade policies make them more likely to vote for a Republican congressional candidate.” As President Trump again ratchets up trade tensions with…
CDJPA Research Note #4 By Jeff Ferry, CPA Research Director CPA advocates the Market Access Charge (MAC) as an innovative tool to address systemic dollar overvaluation due to excessive demand from the international capital markets for dollar-denominated assets. The MAC, which would require congressional legislation, would be a small tax levied on the purchase of…