CPA sent the following letter to Trade Ambassador Robert Lighthizer supporting efforts to reform the WTO because it has not helped farm and ranch income. WTO rules also wrongly prevent the US from creating an effective agro-industrial strategy for rural America. Dear Ambassador Lighthizer, We appreciate the efforts put forth by you and President Trump…
RE: Five Suggested Reforms for the Generalized System of Preferences (GSP) Dear Chairman Grassley and Chairman Neal, As you consider renewing tariff preference programs such as the Generalized System of Preferences (GSP), we urge you to consider whether and how such programs can be updated to serve the national interest. We are particularly concerned about…
The rising dollar–35% in the past nine years–makes U.S. exports more expensive overseas. In March, the Federal Reserve was forced to act in order to avert an international financial crisis. With corporations around the world closing down at the start of the COVID-19 crisis, payments from customers stopped. Foreign companies needed funding to meet their…
Trump administration closes tariff loophole on imports of bifacial solar panels Washington. The Coalition for a Prosperous America (CPA) has strongly praised a new proclamation by President Trump intended to accelerate the growth of America’s solar manufacturing industry. The president’s proclamation will close a loophole for tariffs on imported solar panels and also slow step-down in…
The Coalition for a Prosperous America (CPA) charged that a new Senate bill to eliminate all tariffs on personal protective equipment (PPE) would sabotage U.S. manufacturing of these vital health care supplies and should be opposed by all who want to rebuild the U.S. health care manufacturing industry to safeguard the health of the American…
CPA’s Take: Roger Simmermaker has written multiple books on buying American and trade policy since 1996, and has been a CPA member since 2017. Both presidential candidates are trying to out-tough each other on China. Both have “Buy American” proposals, and agree somewhat on “Buy American” and trade policy. [Roger Simmermaker | October 2020 | WND.com]…
CPA’s Take: Today USTR Robert Lighthizer took the unusual step of issuing a statement on today’s monthly trade figures. Washington, DC – Ambassador Robert Lighthizer issued the following statement today concerning the August 2020 trade data released by the U.S.Department of Commerce: [FOR IMMEDIATE RELEASE | October 6, 2020 | USTR.gov] “The trade data released today…
CPA’s Take: CivicaRX CEO Martin VanTrieste explains why it is essential, and achievable to reshore pharmaceutical production to the US. Two years ago, a group of U.S. hospitals launched Civica Rx, a nonprofit generic drug company that I have the honor to lead. Its core mission is to deliver quality medicines at sustainable prices. [Martin Vantrieste…
One of the consequences of President Clinton’s granting China Most Favored Nation status and allowing them to become a member of the World Trade Organization is that China took over production of consumer goods previously made in the USA. As a result, the consumer products you buy that are “Made in China” may be made by…
The US economy gained 661,000 jobs in September, far below the 1.4 million jobs added in August as coronavirus restrictions continue to lift, but it was enough to take another bite out of the unemployment rate. September unemployment declined to 7.9% from 8.4% in August, the Bureau of Labor Statistics (BLS) reported today. The Private…
