New CPA Index Shows U.S. Manufacturers Lost 10% of Domestic Market Share

WASHINGTON — The Coalition for a Prosperous America (CPA) today released its Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The U.S. market for manufactured goods, worth over $7 trillion last year, is the world’s largest. Since 2002, when current government data…

Despite Soaring Profits, Corporations are Asking the Government for China Tariff Cuts, Consumer Benefit Doubtful

  By Amanda Mayoral   Summary Corporate profits grew by double and sometimes triple digits during the COVID-19 pandemic. Worker wages did not. Record corporate profits did not stop these importers’ lobbyists from pursuing even higher profits by petitioning for 301 China tariffs exemptions. Removing tariffs on Chinese imports will only further enrich transnational enterprises…

U.S. Challenges in EV Battery Production

By Amanda Mayoral   The U.S. is lagging behind China and the European Union in production of lithium-ion batteries for electric vehicles. Forecasts show the U.S. will fall further behind China by 2025 and remain dependent on imports for more than half of its EV battery needs. This CPA Policy Paper by CPA Economist Amanda…

Tariffs Could Have Helped Us Avoid the Current Inflation Spike

  By Amanda Mayoral   Summary Global supply-chain crises, over-dependence on foreign production and government stimulus best explain the current inflation problem. Policy makers should learn from current crises and enact policies to reduce our strong dependence on unreliable foreign suppliers. Tariffs can cause a one-time rise in prices, but they don’t cause persistent month-after-month…

CPA Launches Americans for Safe Drugs

Fighting Against Chinese & Indian Generic Pharmaceutical Manufacturers Exporting Unsafe Products to the U.S. WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of Americans for Safe Drugs©, a new campaign fighting against foreign generic pharmaceutical manufacturers in China and India that are flagrantly violating the Food and Drug Administration’s (FDA)…

War in Ukraine Highlights Critical US Dependencies on Russia-China Axis

War in Ukraine Highlights Critical US Dependencies on Russia-China Axis By Jeff Ferry and Amanda Mayoral   Summary Points The Russian invasion of Ukraine reveals the weakness of US industrial strategy and our over-reliance on imports in manufactured goods and raw materials. The US is import-dependent in many industries critical to US national security. A…

We Need to be Better at Industrial Policy

We Need to be Better at Industrial Policy By Amanda Mayoral, CPA Economist   Industrial policy is critical to competing in a global economy and maintaining our national security. In the world of U.S. economic policymaking, we need to stop wasting time debating whether to “do” industrial policy and rather debate how to improve it.…