Generic Drug Shortages and How a Race to the Bottom in Price has Upended 30 years of Hatch-Waxman

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…

New CPA Report Documents How Hatch-Waxman Act Loophole Led to Offshoring of Generics Production, Price Gouging, and Shortages

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…

CPA, Human Rights Organizations Urge Secretary Yellen to Use Capital Markets Sanctions Against Chinese Companies Aiding the CCP’s Campaign of Evil

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 Letter to Treasury Secretary Janet Yellen Regarding Capital Markets Sanctions Against Chinese Companies

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,…

CPA Statement on President Biden’s Remarks on the Global Supply Chain Crisis

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…

Commerce Department Must Address Chinese Circumvention, Protect U.S Companies from Chinese Retaliation

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…

Job Quality Index Falls to 81.67 as More Service Sector Workers Return to Work

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…

OECD Tax Agreement Must not Disadvantage U.S. Domestic Companies Over Multinational Competitors

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…

USTR Tai Demonstrates Keen Understanding of China Threat, Must Resist Profiteering Multinational Lobbyists

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.…