WASHINGTON — The Coalition for a Prosperous America (CPA) called out rampant misrepresentation and abuse by companies seeking exclusions from the Section 301 tariffs against China in a letter to the Office of the United States Trade Representative (USTR). Multinationals that import Made in China merchandise filed two thirds of the exclusion requests shortly before…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell slightly to 81.4 in November, down 0.85% from the previous month. The decline in the JQI was driven by the growth in low-wage jobs in the medical equipment manufacturing and motor vehicle dealership sector,…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement on provisions within the House-passed Build Back Better Act (H.R.5376) that seek to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. Specifically, the reforms in the legislation would change…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Made in America Office at the Office of Management and Budget (OMB) for unveiling a new Buy America waiver transparency process on Wednesday. Under this new guidance, the 24 largest federal agencies must enter proposed non-availability waivers into a digital portal on the…
CPA National Security Advisory Robby Stephany Smith submitted written testimony to the House Committee on Financial Services, Subcommittee on National Security, International Development and Monetary Policy regarding their hearing that explored the capital available to rogue regimes and international malign actors via their exploitation of the globe’s vast natural resources, including minerals, timber, and other…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new economic report outlining a comprehensive plan to re-shore the U.S. bike and e-bike industry, which would create thousands of new U.S. manufacturing jobs, reduce U.S. dependence on China, and generate economic growth in an industry that is increasingly using advanced technology. The…
CPA sent the following letter to Secretary of the Treasury Janet Yellen and Chairman of the Federal Reserve Jerome Powell regarding implementing a new monetary policy tool called a Market Access Charge (MAC) to complement the Fed Funds Rate (FFR). The MAC would make it possible to moderate excessive flows of money into the U.S.…
WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce sided with Chinese solar manufacturers after rejecting a request from U.S. domestic solar manufacturers to investigate illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released the following statement after the House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, sending the legislation to President Joe Biden for signature. “The bipartisan infrastructure bill represents a positive step towards investing in our nation’s future. However, Congress has not yet remedied…
CPA sent the following letter to U.S. Secretary of Defense Lloyd J. Austin III regarding urgent updates that are needed to the 1260H Chinese Military Companies (CMCs) List and the inclusion of all CMCs on the OFAC NS-CMIC List to limit U.S. funding of China’s People’s Liberation Army. Dear Secretary Austin: Last week, General Milley…