WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following House passage of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 (H.R. 2670). However, the House’s FY 2024 NDAA failed to include an amendment offered by U.S. Representative Mike Waltz (R-FL), and that CPA strongly supports, that prohibits…
The Congressional-Executive Committee on China says Temu, and even Nike, likely benefit from forced labor. Why the Uyghur Forced Labor law is vulnerable.
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017 and 2022, China imports were up very slightly, and still below their 2018 peak. As a result, China fell from 21.6% of U.S. imports in 2017 to just 16.5% in…
The House Select Committee on the CCP published a preliminary report on the use of forced labor in Shein and Temu supply chains. Many Americans are investors.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the reintroduction of the Taxpayers and Savers Protection (TSP) Act, bipartisan, bicameral legislation that would ban the Federal Retirement Thrift Investment Board (FRTIB) from steering federal employee retirement funds in the Thrift Savings Plan (TSP) — the largest retirement fund in the world with…
WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Ways and Means Subcommittee on Trade in a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains.” Stumo’s testimony focused on de minimis, an import loophole non-market economies like China exploit to ship hundreds…
Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct threats to the U.S. and our allies, systemic human rights abuses and genocide, and consistent actions to undermine democracies around the world and the rules-based international order. The U.S. government’s…