Has the U.S. Learned Anything? Cut-Price China Face Masks Driving U.S. Mask Makers Out of Business

A year ago, at the height of the pandemic, a severe shortage of vital personal protective equipment (PPE) hit America. Hospitals were asking staff to re-use masks and other protective equipment. Health care professionals, political leaders, and ordinary people with family members in hospitals and on ventilators were all in agreement: the U.S. must not…

CPA Reshoring Index Improves Slightly in 2020 as Manufacturing Trade Deficit Plunges to Worst Ever

Executive Summary The CPA Reshoring Index is the first and only measure of U.S. producers’ share of the U.S. domestic market for manufactured goods. It is calculated from federal government data on manufacturing production, imports, and exports. The Reshoring Index for 2020 shows that U.S. producers had a 69.6% share of the U.S. market with…

CPA, China Tech Threat Release White Paper on Semiconductors, Countering China’s Threats

WASHINGTON — The Coalition for a Prosperous America (CPA) and China Tech Threat today jointly released a white paper titled “Maintaining U.S. Leadership in Semiconductors and Countering China’s Threats.” The paper examines the decline in U.S. market share in global semiconductor manufacturing, the attendant risks to U.S economic and national security, and why maintaining U.S.…

The Year in Trade 2020

By Steven L. Byers, PhD, and Jeff Ferry Last year the US registered its largest trade deficit in 12 years and its largest-ever deficit in goods trade. In this article, we review the main trends in US international trade in 2020. The US trade deficit continued to deteriorate in 2020 as it rose to a 12-year…