WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new academic report that details how a loophole in the Hatch-Waxman Act has led to generic drug shortages in the U.S., offshoring of America’s domestic production of generic pharmaceuticals to China and India, and price gouging by foreign companies in the U.S. The…
WASHINGTON — The Coalition for a Prosperous America (CPA), along with human rights groups, urged Secretary of the Treasury Janet Yellen to protect American retail investors and U.S. national security by implementing capital markets sanctions against Chinese companies pursuant to President Joe Biden’s Executive Order (EO) 14032. Fight for Freedom. Stand with Hong Kong., Hong…
CPA, along with human rights groups, sent the following letter to Secretary of the Treasury Janet Yellen urging her to protect American retail investors and U.S. national security by implementing capital markets sanctions against Chinese companies pursuant to President Joe Biden’s Executive Order (EO) 14032. Fight for Freedom. Stand with Hong Kong., Hong Kong Watch,…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following President Biden’s remarks on the global supply chain crisis. “For months, the U.S. economy has been plagued by a global supply chain crisis that has illuminated America’s dependence on foreign producers and workers for critical products,” said Michael Stumo, CEO of…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed a response with the U.S. Department of Commerce regarding illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The Department of Commerce requested additional information from the group…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell slightly to 81.67 in August, down 0.91% from the previous month, as low-quality jobs increased in sectors including food service, hospitality, and arts/recreation. The relative wage in manufacturing sectors including medical equipment and plastic…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding closed door negotiations in the Organization for Cooperation and Economic Development (OECD) on how to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. The negotiations have two separate…
The Last Word | A Return to American Made By Greg Owens Steel is in short supply in the U.S. and prices are surging, which drives up costs and squeezes profits. U.S. steel prices are 68% higher than the global market price and almost double China’s. The price gap is so wide that even with…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following U.S. Trade Representative (USTR) Katherine Tai’s speech at the Center for Strategic and International Studies (CSIS) outlining U.S. trade policy with China. CPA is the leading national, bipartisan organization representing exclusively domestic producers and workers across many sectors of the U.S.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after five Chinese solar companies—LONGi Green Energy, JinkoSolar, Trina Solar, JA Solar and Risen Energy—issued a statement in a blatant attempt to undermine the Biden administration’s trade enforcement actions and scare the U.S. solar industry into manufacturing a crisis. Four of these…
