WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding reports that Apple has put on hold its plan to use memory chips from China’s government subsidized Yangtze Memory Technologies Co. (YMTC). Earlier this year, CPA and China Tech Threat (CTT) released a policy paper that highlighted the dangers of an…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers…
Currency misalignment reaching critical level WASHINGTON — The Coalition for a Prosperous America (CPA) today formally urged the federal government to address the U.S. dollar’s continuing overvaluation. In a letter to U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, and the leadership of the Senate Banking and House Financial Services Committees, CPA highlighted…
WASHINGTON — As the Biden administration and Congress consider a potential free trade deal with Taiwan, the Coalition for a Prosperous America (CPA) has documented why such a deal would work against U.S. interests while offering little in the way of meaningful protection for Taiwan. Earlier this month, CPA submitted testimony to the House Ways…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell 0.45% to 81.07 in August, as low-quality job additions exceeded high-quality additions. Low quality jobs, i.e. jobs that pay weekly wages below the national average for all production and nonsupervisory workers, increased in the latest month, particularly…
WASHINGTON — The Coalition for a Prosperous America (CPA) urged U.S. Customs and Border Protection (CBP) to investigate SHEIN, the Chinese company dominating fast fashion online retail, for exploiting the de minimis loophole to import clothing products suspected of being made with cotton produced in Xinjiang with forced labor. Currently, CBP does not receive even…
Pelosi, Schumer Join Cornyn and Casey in Calling for Executive Order on Outbound Investment WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a bipartisan, bicameral letter to President Joe Biden requesting the administration take immediate action to safeguard national security and supply chain resiliency on outbound investments to foreign adversaries like…
A CPA poll conducted by Morning Consult show that Americans wonder where their beef comes from. Bought it locally? Maybe it came from Brazil.
Biden Administration Should Address Outbound Investment Risks WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding the Biden administration’s Executive Order to strengthen the federal government’s authority to block Chinese investment in technology in the United States and limit the Chinese Communist Party’s access to private data on American citizens.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Office of the United States Trade Representative (USTR) for formally initiating the process to continue the Section 301 China tariffs that were imposed to combat massive intellectual property theft by China that is directly harming American workers and U.S. manufacturers. As part of…
