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…
The House Select Committee on the CCP published a preliminary report on the use of forced labor in Shein and Temu supply chains. Many Americans are investors.
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…
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…
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…
A House Foreign Affairs Subcommittee hears from witnesses about how to curtail exports of critical technologies to China. Some say there are too many lists.
House Committee hears from witnesses who call for better trade enforcement, and keeping tariffs. Meanwhile, de minimis trade rule in the crosshairs again.
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.…