Section 301 Tariffs Reduced U.S. Dependence on China, Decoupling Has Begun

Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017 and 2022, China imports were up very slightly, and still below their 2018 peak. As a result, China fell from 21.6% of U.S. imports in 2017 to just 16.5% in…

CPA Applauds Bipartisan, Bicameral Bill to Stop Federal Retirement Funds from Flowing to CCP Companies

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the reintroduction of the Taxpayers and Savers Protection (TSP) Act, bipartisan, bicameral legislation that would ban the Federal Retirement Thrift Investment Board (FRTIB) from steering federal employee retirement funds in the Thrift Savings Plan (TSP) — the largest retirement fund in the world with…

CPA Testifies at Ways and Means Trade Subcommittee Hearing on De Minimis Loophole

WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Ways and Means Subcommittee on Trade in a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains.” Stumo’s testimony focused on de minimis, an import loophole non-market economies like China exploit to ship hundreds…

China MFN Repeal Would Generate $198 Billion for U.S. Taxpayers

Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct threats to the U.S. and our allies, systemic human rights abuses and genocide, and consistent actions to undermine democracies around the world and the rules-based international order. The U.S. government’s…

CPA Applauds Bipartisan Senate Vote on Solar CRA

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Democrat and Republican Senators for passing the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) to repeal the Biden administration’s Solar Emergency Declaration. This harmful rule, in effect until June 2024, protects Chinese solar manufacturers even though the U.S.…