WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement opposing Senator Pat Toomey’s (R-PA) poison pill effort to gut Section 301 of the Trade Act of 1974 and undermine efforts to address unfair foreign trade practices by China. Specifically, CPA is urging Senators to oppose the Toomey motion to instruct (MTI)…
Download CPA’s Legislative Alert here. OPPOSE TOOMEY MOTION TO INSTRUCT What’s happening: USICA’s trade provisions are a gift to China. It is far more than reinstating tariff exclusions. It attacks USTR and CBP’s ability to enforce our laws. In this alert, CPA is drawing attention to a particularly catastrophic provision, Sec. 73001 of the China…
By: Greg Owens, Co-Founder and CEO, Sherrill Manufacturing Inc. We have entered a new post-pandemic phase in world economic order. Deglobalization is now upon us. It started with a relatively “slow impact” move to decouple from China. This was characterized by diplomacy followed by limited and low-percentage tariffs on certain Chinese goods. Two years of…
CPA sent the following letter to President Biden opposing the Federal Retirement Thrift investment Board (FRTIB) proposal to enable hundreds of millions or billions of dollars of federal employee pension money to flow to Chinese state-controlled companies. Dear President Biden, The Federal Retirement Thrift investment Board (FRTIB) is proposing to enable hundreds of millions or…
73% of American voters support the U.S. government using trade remedies on China to protect U.S. industries and American workers. 71% of voters supporting the U.S. government continuing to impose Section 301 tariffs on China. 61% of voters believe that increased imports have caused the U.S. to become dependent on China for goods that are…
WASHINGTON — The Coalition for a Prosperous America (CPA) today called on the Federal Retirement Thrift Investment Board (FRTIB) to abandon reported plans that it is poised to once again to start investing the retirement funds of participants in the Thrift Savings Plan (TSP) in companies owned or controlled by the Chinese Communist Party (CCP).…
Fighting Against Chinese & Indian Generic Pharmaceutical Manufacturers Exporting Unsafe Products to the U.S. WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of Americans for Safe Drugs©, a new campaign fighting against foreign generic pharmaceutical manufacturers in China and India that are flagrantly violating the Food and Drug Administration’s (FDA)…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. Yesterday, CPA released a…
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the U.S. Senate for unanimously passing amended legislation that would repeal permanent normal trade relations (PNTR) status for Russia and Belarus. The Senate action follows a unanimous vote in the House last month to revoke Russia’s PNTR status. The House passed the amended Senate bill…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 80.43 in February, up 0.33%from the previous month, reflecting a rise in high-wage jobs that exceeded the rise in low-wage jobs in the month. The job count grew significantly in high-quality sectors including construction, professional/business services,…
