CPA Applauds House Introduction of the Bipartisan ‘Secure Trade Act’
The Secure Trade Act codifies the President’s ten-percent universal tariff, and also repeals China’s “Most Favored Nation” (MFN) status.
CPA Supports the ‘USA Act’ to Improve Development of U.S. Standards in Emerging Technologies
Florida Congressman Daniel Webster’s ‘USA Act’, introduced in August, amends the Science portion of the ‘CHIPS & Sciences Act’ to improve U.S. role in standards setting.
Report: Ground Game of Authoritarian Space Powers
The initial report of the CPA/PSSI China Space Security Initiative (CSSI) details how Beijing is working to penetrate and control the space sectors of more than 120 countries through hundreds of ostensibly commercial agreements, via state-controlled Chinese companies that, in effect, act as fronts for the People’s Liberation Army (PLA).
Trade Deficit Falls 16%, But Goods Deficit Surprisingly Resilient
The trade deficit fell 16% in June to a low $60.2 billion, the Bureau of Economic Analysis said on Tuesday, but despite a 3.7% reduction in imports, the goods deficit for the month was surprisingly resilient compared to recent years without tariffs.
CPA Applauds President Trump for Closing De Minimis Loophole Permanently
Closing de minimis means that commercial shipments from overseas vendors must enter the United States through standard customs procedures, submit full import documentation, and pay applicable duties and taxes—a long-overdue reform to restore order and accountability to America’s trade system.
CPA Praises President Trump’s Historic Tariff Protection For Copper Supply Chain
Today’s action to directly target the midstream layer—rods, pipes, wires, connectors, and other semi-finished copper products that are essential to our economy and national security is extremely welcome. Combining the Section 232 action with the use of the Defense Production Act to ensure a robust supply of copper scrap for recycling is extraordinary.
Rechenberg: Why the United States Should Not Renew AGOA
The African Growth and Opportunity Act (AGOA), enacted in 2000, was designed to promote economic development and democratic reform in Sub-Saharan Africa by granting duty-free access to the U.S. market for thousands of products.
CPA Supports Measures To Curb Trade Imbalances Caused By Overvalued Dollar
Realigning the dollar would be the most comprehensive and effective move to address the U.S. competitive disadvantage. It can be done either by a multilateral intervention agreement, or a MAC, which would be a federal tool to moderate foreign investment in dollar financial assets.
Restoring America’s Generic Drug Independence
America’s generic drug supply is at a crisis point. As detailed in previous reports, the United States is dangerously reliant on a high-risk imported drug supply, and today’s widespread drug shortages stem not from shipping delays or unexpected demand—but from a collapse in domestic production.
Fed Governor Chris Waller Takes CPA’s Long View on Tariffs
On July 17, at an event at New York University, a member of the Federal Reserve Board of Governors, Christopher Waller, said that tariffs are not inflationary. “Tariffs are one-off increases in the price level and do not cause inflation beyond a temporary surge,” he said.
