If America fails to defend its copper industry today, it will lose the industrial backbone for tomorrow’s economy. The combination of speculative arbitrage, Chinese overproduction, and predatory pricing is decimating American copper mills.
A Market Access Charge (MAC) might be the perfect addition to the tariff agenda; a surgical tool to tax capital inflows.
Depending on where you get your information, you would be forgiven for believing that we are getting buried by inflation, the stock market is in shambles, and that we need to start hoarding Chinese yuan to pay for our morning lattes.
The CPA Domestic Market Share Index (DMSI) dropped abruptly in the first quarter of 2025 as the massive pre-tariff import surge driven by stockpiling heavily outweighed current U.S. manufacturing output.
Following April’s trade deficit data, which showed a complete freefall in trade during the “Liberation Day” tariff month, May’s trade deficit rose by 18.7% on a monthly basis to $71.5 billion, according to the Bureau of Economic Analysis (BEA).
Tariffs were supposed to be inflationary, but so far, they’ve been proven wrong. Inflation over the last several months was not caused by 10% tariffs on Southeast Asia, nor by the short-lived 145% tariffs on China.
The Senate’s decision to remove the FEOC Excise Tax and weaken FEOC restrictions is a blatant giveaway to the Chinese Communist Party’s solar industry.
Any Senator who supports an amendment to remove or weaken the FEOC Excise Tax is directly endorsing China’s solar industry—dominated by companies using slave labor, powered by coal, and compromised by severe cybersecurity risks.
Last year, it wasn’t even in the Top 10. This year, they’re number one. General Motors was ranked as the most China-exposed U.S. multinational by Strategy Risks, a political risk consultancy in New York.
CPA strongly endorses the FEOC Excise Tax in the Senate reconciliation bill as a critical step in protecting America’s solar manufacturing industry from reliance on subsidized and compromised Chinese components.
