WASHINGTON —The Coalition for a Prosperous America (CPA) announced its support for increased sanctions on Russian companies and institutions – including capital markets sanctions and secondary sanctions on those who seek to help Russia circumvent U.S. sanctions. CPA commends the actions being taken to excise Russian companies from U.S. markets – but more must be…
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…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after LG Electronics Inc. announced it was exiting the global solar panel business, a decision that will impact 160 employees and roughly 60 contract workers at LG’s corporate campus in Huntsville, Alabama, where the company has been assembling solar panels since 2018.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released publicly for the first time a coalition letter signed by over 2,000 U.S. companies and bipartisan organizations representing American businesses and workers in support of online country-of-origin-labeling (COOL). Last July, CPA applauded the Senate passage of Senator Tammy Baldwin’s (D-WI) COOL Online Act, which…
“Right now, there are American companies that employ American workers that are manufacturing N95 masks and other critical health care products like PPE… Congress should not be supporting … Chinese manufacturers over American companies and workers — especially with taxpayer dollars.” WASHINGTON — The Coalition for a Prosperous America (CPA) today urged House Speaker Nancy…
CPA sent the following letter to House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) regarding the Office of the Attending Physician’s distribution of KN95 masks made in China to lawmakers. CPA urged House leadership to immediately stop all purchase and procurement of Chinese personal protective equipment (PPE) and instead source from American…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Made in America Office at the Office of Management and Budget (OMB) for unveiling a new Buy America waiver transparency process on Wednesday. Under this new guidance, the 24 largest federal agencies must enter proposed non-availability waivers into a digital portal on the…
A House Energy and Commerce Committee hearing on clean energy technologies shows division among the parties, with one main agreement: the U.S. will lose out on this market if Washington allows for dependence on Asia for solar, wind and EV battery materials.
The Last Word | A Return to American Made By Greg Owens Steel is in short supply in the U.S. and prices are surging, which drives up costs and squeezes profits. U.S. steel prices are 68% higher than the global market price and almost double China’s. The price gap is so wide that even with…
Katherine Tai spoke to CSIS this week about China. Some takeaways were better than others.