WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed the announcement by the New York Stock Exchange (NYSE) that it would follow the law and delist three Chinese telecom carriers: China Mobile Ltd., China Unicom Ltd., and China Telecom Corp. The move stems from Executive Order 13959 signed by former President Donald Trump,…
CPA sent the following letter to U.S. Representative Kevin Brady (R-TX) regarding his letter, signed by House Ways and Means Committee Republicans, urging U.S. Trade Representative Ambassador Katherine Tai to resume U.S. negotiations to complete an Environmental Goods Agreement (EGA). The EGA strategy would harm U.S. manufacturing and pursuing tariff reduction historically ends in the loss…
CPA sent the following to U.S. Senators Rob Portman (R-OH), Tom Carper (D-DE), and 38 other members of the Senate regarding their recent letter to Ambassador Tai asking her to renew expired expiring China Section 301 tariff exclusions. In the letter, CPA urges the Senators to reconsider their support for renewing 301 exclusions, an action…
By Michael Stumo American workers pay personal income taxes to the governments of states they work in. But corporations often avoid paying corporate taxes on the profits from earnings in the United States. That’s because multinational corporations and their army of lawyers find imaginative ways to make it appear that an embarrassingly large share of…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded two critical pieces of legislation reintroduced by Senator Elizabeth Warren (D-MA) that seek to combat U.S. dependence on foreign pharmaceutical supply chains and boost domestic U.S. pharmaceutical manufacturing. CPA has long called for restoring domestic capability to manufacture essential generic drugs, personal protective equipment…
CPA sent the following the letter to U.S. Trade Representative Katherine Tai urging that the emphasis on the transition to and growth of domestic “green” industrial production is the same as the intensity and dedication given to achieving climate goals. Dear Ambassador Tai: We appreciate your recent remarks at an event titled “Greening U.S. Trade…
WASHINGTON — The Coalition for a Prosperous America (CPA) continues to expand its Economic Research and Government Relations Teams to support its advocacy for trade and industrial policies to re-establish America’s prosperity and world-leading economic growth. Amanda Mayoral has joined CPA as Economist and Robby Smith has joined in a new role as National Security…
WASHINGTON — The Coalition for a Prosperous America (CPA) today criticized the Biden administration for undercutting a campaign promise to ensure that U.S. taxpayer dollars would be used to spur investment in the U.S. rather than continue our dependence on foreign supply chains. According to Bloomberg, the Biden administration has withdrawn a World Trade Organization…
Congress is considering a bill to increase US manufacturing competitiveness in relation to China and other countries. The bill could include provisions to provide more credit on better terms to the manufacturing sector. As we deliberate on whether CPA should be supportive, we’d like to hear whether this would make a difference for your business.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today praised a key proposal in the Biden administration’s Pillar 1 offer to the Organization for Economic Cooperation and Development (OECD) that would implement a Sales Factor Apportionment (SFA) for the top 100 multinational corporations. CPA has long called for implementing SFA and changing the way…
