McConnell and Pence Trash Trump Tariffs, But the Data Proves Them Wrong
by Kenneth Rapoza for Newsweek Despite support for tariffs among American voters, many career Republican politicians still oppose this vital policy tool while they cling
Kamala Harris Talks ‘Industrial Strength’ And Leading in Future Manufacturing Sectors
Kamala Harris spoke for 45 minutes at the Economic Club of Pittsburgh on Wednesday where she spent some of that time talking about industrial strength, and how a weakened manufacturing base is bad for the country’s prosperity.
In Savannah, Trump Copies Canada, Threatens Tariffs on Mexico Made Cars
Donald Trump was in Savannah for a campaign stop on Tuesday where he spoke for 90 minutes, bringing up tariffs, taxes, and a real threat of tariffs on Mexico-made cars.
CPA Welcomes Commerce Department’s Proposed Ban on Chinese, Russian Connected Vehicles
There is still a significant amount of work left to fully address the threats posed by the Chinese Communist Party’s (CCP) growing overcapacity in the global automotive sector, particularly through electric vehicles (EVs).
CPA Applauds Senators Rubio, Brown, Braun, and Casey for Urging President Biden to Increase Tariffs on Mexican Steel Imports
CPA strongly urges the Biden administration to impose quotas and increase tariffs to address Mexico’s surge of steel imports in violation of the agreement.
Consumers Haven’t Noticed a Price Hike from Tariffs…and Tariffs Aren’t a Sales Tax
In recent years, tariffs have been at the center of heated Washington debate. Critics claim that tariffs are a “hidden sales tax” passed on to consumers in the form of higher prices. But in the wake of the 2018 “Trump tariffs,” America’s consumers haven’t experienced noticeable price increases.
Trump Says Tariffs and Economic Growth Will Pay For Tax Cuts, Help Reduce Deficits
There’s a nearly $2 trillion fiscal deficit, and of course the record $1.12 trillion goods deficit. And one way to bring that down is to produce revenue via trade – also known as tariffs. To some, that’s a dirty word, Trump told an ABC news affiliate in Las Vegas this weekend.
Mario Draghi Says Reindustrialization Will Cause Inflation, But It Will Be Worth It
Reindustrialization might cause some above-target inflation. Deindustrialization, meanwhile, might take countries out of the running of the industries of today, and the future, too, said former European Central Bank president Mario Draghi.
Will Harris Support ‘Made in America’?
To craft a pro-America trade and economic agenda, Harris should pledge to increase overall tariffs, use tax credits more broadly to grow critical production, and ignore Wall Street’s call to return to the failed trade policies of the past.
Harley-Davidson Moves More Production to Thailand, Thanks to Thai Tariffs and Tax Incentives
Harley-Davidson announced it is moving production of its Pan America, Sportster, and Nightster bike models from the U.S. to Thailand. Harley’s growing Thailand production is directly incentivized by 60% Thai motorcycle tariffs and corporate tax breaks.
