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…
CPA sent the following letter to U.S. Treasury Secretary Janet Yellen regarding her remarks that “lowering some tariffs in a reciprocal way” on China is “a desirable outcome” that could help ease inflation. In the letter, CPA outlines that there is no evidence suggesting that our 301 tariffs on merchandise from China are driving inflation.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement on legislative efforts 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, CPA supports reforms to the U.S. corporate tax system that prohibit tax avoidance through the book…
WASHINGTON — The Coalition for a Prosperous America (CPA) today submitted written testimony following a hearing in the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets titled, “Taking Stock of China, Inc.: Examining Risks to Investors and the U.S. Posed by Foreign Issuers in U.S. Markets.” CPA National Security Advisor Robby Stephany…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following the termination of Ethiopia, Guinea, and Mali from the African Growth and Opportunity Act (AGOA) tariff preference program as of January 1, 2022, absent urgent action to meet statutory eligibility criteria. “CPA welcomes the news that three AGOA beneficiary governments are…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Sherrod Brown (D-OH) and Tammy Baldwin (D-WI) for leading a letter to United States Trade Representative (USTR) Katherine Tai requesting that 301 penalty duties be assessed to all imported finished state personal protective equipment (PPE) and key raw material inputs, including single-use…
WASHINGTON — The Coalition for a Prosperous America (CPA) today urged U.S. Trade Representative Katherine Tai to not expand exclusions to Chinese imports subject to Section 301 tariffs. Currently, the Biden administration is reviewing 549 products currently subject to 301 tariffs imposed on Chinese imports. CPA strongly supports the current 301 tariffs on Chinese imports…
CPA sent the following the letter urging U.S. Trade Representative Katherine Tai to not expand exclusions to Chinese imports subject to Section 301 tariffs. Dear Ambassador Tai: We write to urge the Biden Administration not to expand the exclusion process beyond the current review of 549 products subject to our China tariffs imposed pursuant to…
CPA’s report, titled “Generic Drug Shortages and How a Race to the Bottom in Price has Upended 30 years of Hatch-Waxman,” 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…
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…
