CPA Concerned that U.S. Government Auditor Deal with China Could Skirt Investor Protection Laws

WASHINGTON — The Coalition for a Prosperous America (CPA) today expressed concern after the Public Company Accounting Oversight Board (PCAOB) announced an agreement with China regarding audits of Chinese firms listed on U.S. exchanges. PCAOB has refused to make the framework agreement public, but asserts that it allows U.S. inspectors to travel to Hong Kong…

CPA Applauds Major Domestic Solar Manufacturing Expansion Announcements

Urges Biden Administration to Robustly Enforce U.S. Trade Policy WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by First Solar, the largest American solar manufacturer, that it plans to invest up to $1.2 billion in scaling production of American-made, responsibly-produced photovoltaic (PV) solar modules. As first reported by The Wall…

Vanguard, BlackRock Funnel U.S. Investment to Chinese Shipyard that Built Third CCP Aircraft Carrier

Download the PDF of this briefing alert HERE. SUMMARY  As of June 2022, BlackRock, Vanguard, and other Wall Street financial firms are exploiting American investors and helping the Chinese Communist Party (CCP) build and modernize the Chinese military. Currently, these firms are offering Exchange Traded Funds (ETFs) and other investment products to U.S. investors that…

CPA Applauds Provisions in Inflation Reduction Act that Boost U.S. Domestic Solar Manufacturing, Reduce Tax Benefits for Offshoring Profits and Production

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement applauding two provisions in the Inflation Reduction Act (IRA), which was signed into law by President Joe Biden today. Specifically, CPA is supportive of the provision that reduces our reliance on China by providing tax credits for the domestic solar manufacturing supply…

NEW: CPA’s Trade Model Shows Broad Tariff Increases would Create 10 Million Jobs

CPA’s Model Tariff Schedule Shows Industrial Policy can Boost U.S. Economy, Domestic Manufacturing, and Wages WASHINGTON — The Coalition for a Prosperous America (CPA) today released the results of a new economic model, the CPA Model Tariff Project, that shows substantial benefits in growth and jobs from a broad-based implementation of additional tariffs on all…

CPA Urges U.S. Customs Agency to Add Chinese Solar Companies to Forced Labor List

ICYMI: SEIA’s Chinese Members’ Shipments Detained by CBP  WASHINGTON — The Coalition for a Prosperous America (CPA) requested that U.S. Customs and Border Protection (CBP) add additional Chinese companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, subjecting them to the presumption that their goods are made with forced labor. Earlier this week,…

CPA Letter to CBP and DHS Regarding Adding Chinese Companies to the UFLPA Entity List

CPA sent the following letter to U.S. Customs and Border Protection and the U.S. Department of Homeland Security requesting that several additional Chinese companies engaged in forced labor be added to the U.S. Customs and Border Protection’s (CBP’s) Uyghur Forced Labor Prevention Act (UFLPA) Entity List, subjecting them to the presumption that their products are…

Job Quality Index Slips As Economy Adds Jobs

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged down by 0.03% to 81.27 in June, as low-quality job growth slightly exceeded high-quality. Low-quality jobs increased in the healthcare, accommodation, and food service industries. High-quality jobs increased in professional and business services. The average weekly wage…

Corporate Alternative Minimum Tax would Hit Multinationals that Offshore Profits and Production

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement in support of the 15% Corporate Alternative Minimum Tax (CAMT) included in the Inflation Reduction Act. The CAMT would impact multinational corporate groups that have $1 billion in yearly profits over an average of three years and do not pay at least…