By Jeff Ferry, CPA Research Director President Trump’s “Buy American week” was largely a feel-good event, but behind the scenes there is growing nationwide support in the political and business worlds for more US spending to go on American-made goods and services. Buy American is important because the federal government, state and local governments, and…
A U.S. bankruptcy court has decided to sell a California mine, the sole U.S. source of rare earth minerals, to a consortium including Chinese mining company Shenghe Rare Earth Shareholding Co. If the transaction goes ahead, it would turn over the unique domestic producer of these vital minerals, used in many high-tech electronics products, to…
By Jeff Ferry, CPA Research Director This past April, on a 92-mile bike ride through the hills of Monterey, California, I met a young man I’m proud to call a friend, Rasheen Malone. Rasheen grew up in a tough section of Brooklyn, not far from where I was born. At 18, Rasheen joined the U.S.…
By Jeff Ferry, CPA Research Director A U.S. bankruptcy court has decided to sell a California mine, the sole U.S. source of rare earth minerals, to a consortium including Chinese mining company Shenghe Rare Earth Shareholding Co. If the transaction goes ahead, this would turn over the unique domestic producer of these vital minerals, used…
The House Republican business tax reform plan may be heading for political defeat. Senate support is absent, House Republicans are divided, and Democrats oppose it. May 9th, 2017 | Written by Michael Stumo and Jeff Ferry, Global Trade Magazine However, the border-adjustability feature of the tax plan is an important goal to preserve because it would neutralize foreign border taxes…
We often hear of state and federal officials chasing after foreign investment dollars, trying to bring money into the United States. May 4th, 2017 | Written by Jeff Ferry, Global Trade Magazine Recently a dozen CEO’s of foreign companies met with the Trump administration to make the case that foreign investment is an unabashed good for America. Only…
By Jeff Ferry, CPA Research Director The Trump Administration is getting tough with foreign nations that don’t play by the rules of free and fair trade. That’s the message we’re getting from Administration sources. And it contradicts recent press reports claiming the Trump team is backing away from campaign promises to get tough on America’s…
Washington’s latest trade controversy has blown up over a dispute over differing sets of statistics for measuring our foreign trade. Trump administration officials are advocating for wider use of export/import measures that exclude pass-through goods, while Commerce Department officials advocate the older measures, total exports and total imports. by Jeff Ferry, appears on The Hill The newer…
Sometimes the victories come so thick and fast, you have to sit down, take a deep breath, and count them. by Jeff Ferry, appears on The Hill And sometimes your victories come wrapped in so many layers of pious self-justifying twaddle that you don’t even recognize them. In the past few weeks, those of us who believe…
Jeff Ferry, CPA’s Research Director was a guest on “On Point,” a radio show on NPR and he discusses globalization under a Trump administration. Jeff refutes free traders such as Martin Wolf, chief economics commentator for the Financial Times as well as Ken Rogoff, professor of public policy and professor of economics at Harvard University. Jeff…