U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
The United States is now on pace to reach a $39 billion agricultural trade deficit in 2024 amid all-time record imports.
Senate Finance Committee Priorities: Renew Tax Cuts Expiring This Year, Open Markets for Agriculture Exports
Senator Michael Crapo (R-ID) is already setting his agenda: renewing the Tax Cuts and Jobs Act (TCJA), expiring this year, and new trade deals that open agriculture markets to U.S. exports.
CPA Celebrates Chief Economist Jeff Ferry’s Legacy as He Retires
Widely regarded as one of the nation’s leading experts on tariffs, industrial policy, economic modeling, and trade policy, Ferry’s contributions to CPA and the broader economic policy landscape have been transformative.
CPA Congratulates President-Elect Donald Trump on Victory
CPA will be working closely with President-Elect Trump’s team to craft policies that will make a lasting impact on U.S. trade and industrial policy.
John Deere: Shrinking In Iowa, But Set To Grow In Mexico
John Deere will lay off or offer early retirement to over 200 workers in Iowa, while at the same time the tractor producer is gearing up to move production of mid-frame skid steer loaders and compact loaders from its plant in Dubuque, Iowa to a proposed new facility in Mexico.
Your Summer Barbecue Is Less American Than You Think. Senator Mike Rounds Wants To Do Something About It.
The steaks and hamburgers you put onto your grill this summer are less American than one might think. In fact, the U.S. imports almost as much beef as it exports as global meatpackers continue to turn to imported beef, based on USDA data year-to-date.
Farm State Senators Wanted Open Markets. They Got Six Under Biden.
Contrary to what many on the Senate Finance Committee believe, American farmers did gain market access in the last three years under Biden.
Katherine Tai Chastised By Farm State Senators Over Market Access, Free Trade Deals
USTR Katherine Tai was repeatedly taken to task by farm state senators in Wednesday’s Senate Finance Committee hearing for what they see as lackluster attempts at opening markets for U.S. agriculture exports.
Katherine Tai Gets an Earful from Ways & Means on Mexico, De Minimis, GSP Renewal, Agriculture Deficits, and Generic Drug Imports.
USTR Katherine Tai sat for a two hours-plus hearing with the House Ways and Means Committee on Tuesday to discuss trade matters and was met early on by some staunch criticism.
Job Quality Index Down, Manufacturing Job Growth Flat Despite 303,000 Jobs Added Nationwide
CPA Job Quality Index: Despite the federal government’s strong March 2024 Jobs Report released last Friday, the JQI shows the US labor market suffers from persistent structural issues.
