WASHINGTON — The Coalition for a Prosperous America (CPA) today announced its strong support for bipartisan legislation introduced by U.S. Senators Thom Tillis (R-NC) and Sherrod Brown (D-OH). Their bill, the Fighting Trade Cheats Act of 2023, would strengthen U.S. trade law enforcement and also give domestic American manufacturers the ability to sue companies that…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement calling on Congress to oppose a free trade agreement (FTA) with Taiwan. As The Wall Street Journal recently reported, “U.S. and Taiwan moved a step closer toward a bilateral trade and investment initiative.” However, an FTA with Taiwan would do little to…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding a report by the U.S. International Trade Commission (USITC) analyzing the effects of Section 232 and Section 301 tariffs on more than $300 billion of U.S. imports. The USITC report found that the tariffs reduced imports from China, effectively stimulated more…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by a tiny 0.016% in January to 84.11 as high-quality and low-quality jobs each rose in the month. Hospital jobs rose by 12,000 to 4.821 million while full-service restaurant employment rose by 31,000…
America needs to be prepared for the next health crisis WASHINGTON — The Coalition for a Prosperous America (CPA) urged the U.S. Trade Representative (USTR) Katherine Tai to reimpose tariffs on imports of personal protective equipment (PPE). Specifically, CPA opposes the continuation of COVID-related exclusions for 81 medical care products. In a submission to Ambassador…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of the Currency Misalignment Monitor (CMM), a new monthly index that tracks the misalignment of global currencies, including the dollar, in relation to the levels needed to balance global trade. The CMM uses the latest available data to estimate the level of…
Dramatic Increase Violates 2019 U.S.-Mexico Agreement WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senator Tom Cotton (R-AR) for leading a bipartisan letter to Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai urging them to take action against Mexico’s blatant and continuing breach of a 2019 agreement to lift…
Urges Lawmakers to Scrutinize PCAOB Deal with Chinese Auditors WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement following a House Financial Services Committee hearing on combating the economic threat from China, which saw both Democrats and Republicans express concern and call for policies to address China’s ability to raise money from…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Senators Mike Rounds (R-S.D.) and Jon Tester (D-Mont.) that would blacklist China, Russia, Iran and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture. China prohibits any foreign purchase of its domestic farm…
Key Votes on Pro-American Trade and Industrial Policy Legislation WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of its legislative scorecard, a comprehensive indicator of a lawmaker’s record on fighting for and supporting policies that rebuild U.S. supply chains, reduce and eliminate trade deficits, implement a robust national industrial strategy,…
