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…
Boost to domestic mining will reduce dependence on China Washington. The Coalition for a Prosperous America (CPA) today praised the Trump administration for issuing an executive order to secure domestic U.S. sources of critical minerals, including rare earth metals. The order will task the Department of the Interior with developing a program to fund domestic…
Requires securities issuers to disclose activities in Xinjiang, China Washington. The Coalition for a Prosperous America (CPA) today praised House passage of the Uyghur Forced Labor Disclosure Act of 2020 (H.R. 6270). The legislation, led by Rep. Jennifer Wexton (D-VA) along with Reps. Brad Sherman (D-CA), Eleanor Holmes Norton (D-DC), and Andre Carson (D-IN), would…
CPA’s Take: James Stuber is the co-chair of CPA’s Buy American Committee. “When I had my ‘lightbulb moment,’ the realization that America which invented the lightbulb no longer made one, I also realized that the societal costs of offshoring manufacturing was disastrous,” James A. Stuber told Worth. [Jonathan Russo | September 29, 2020 | Worth] James A.…
Clinton’s failed policy positioning China as world superpower This month marks 20 years since the U.S. Senate voted to approve “normalized” trade with China. It was a mistake that now threatens to help position China as the world’s superpower. [Michael Stumo | September 23, 2020 | Duluth News Tribune] At the time, President Bill Clinton…
Bill would ban imports produced through forced labor Washington. The Coalition for a Prosperous America (CPA) today strongly praised House passage of the ‘Uyghur Forced Labor Prevention Act’ (H.R. 6210).The bill, which passed by an overwhelming 406-3 margin, would designate most goods produced in the Xinjiang Uyghur Autonomous Region of China as being manufactured through…
The AFL-CIO, USW, and 19 other groups released a joint statement on bringing PPE manufacturing back to the States. On July 20, a coalition of 21 groups asked the U.S. government to support efforts to invest in domestic production of PPE, or personal protection equipment. The coalition included several manufacturing trade groups and unions, including…
In response to the ongoing impact of the COVID-19 pandemic, the Defense Department (DOD) and the U.S. International Development Finance Corporation (DFC) have launched a program to provide federal loans for domestic U.S. industry. The initiative will make available $100 million from COVID-19 relief funds to help reshore critical domestic manufacturing capacity. The funds being…