Trade Deficit Declines by 12% in July as Economic Slowdown Begins
The July trade deficit fell to its lower level of the year, a sign of a slowing economy. However, if trends continue, the goods deficit will break another record in 2022.
China Trade Surplus and US Deficit Hit New Records, Driving Global Instability
ecKey Points China’s global trade surplus is heading for a new all-time high this year. Based on the first seven months of data, we estimate
CPA Chief Takes Slings & Arrows on Trade Policy, Inflation
At the Washington International Trade Association, agreement that removing tariffs will have almost no impact on inflation. Disagreement over whether we should have them anyway.
How Venture Capitalists Would Manage the Chips Act
In my 15 years in Silicon Valley, I found venture capitalists to be the shrewdest and smartest individuals there. The best of them have had
China’s Five-Year Plan for Biotech Making it Increasingly Attractive for Global Pharma
The China pharmaceutical industry is taking a multi-pronged approach to becoming a dominant player in Asia. Maybe even the world.
Import Dependence and Inflation – A Global Comparison
Greater import dependence makes countries more vulnerable to price shocks.
CPA Economist Jeff Ferry’s Final Installment on the “America Way” of Growth
Jeff Ferry, CPA’s chief economist, takes a historical look at the early days of American industrial might, how it all went wrong through hyperglobalization, and where we must go from here.
Inflation Reduction Act Knifes The Multilateral Trading System. Here’s what USTR Needs To Do.
The multilateral trading system, birthed on October 30, 1947, was unceremoniously knifed and left for dead by President Biden’s signing of the Inflation Reduction Act.
Global Corporate Earnings Putting Overvalued Dollar in Spotlight
A look at what some senior executives are saying this earnings season about the dollar’s misalignment with the major currencies of the world.
Domestic Manufacturer’s Share of U.S. Market is Shrinking. CPA Economists Explain Why.
CPA economists Jeff Ferry and Amanda Mayoral explain the continued deterioration of market share for domestic producers versus imports.
