WASHINGTON — The Coalition for a Prosperous America (CPA) urged House Speaker Nancy Pelosi (D-CA) to prioritize the passage of additional legislation to impose capital markets sanctions and secondary sanctions on Russia and China. Earlier this month, CPA applauded the House for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR)…
WASHINGTON — The Coalition for a Prosperous America (CPA) is disappointed that 301 tariff exclusions were extended on 352 products being imported from China. Last year, CPA urged the Biden administration to not renew any of the 549 exclusions that were originally granted. In February, CPA called on the Biden administration to fully implement all…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a bipartisan letter led by U.S. Representatives Bill Pascrell, Jr. (D-NJ) and Brad Wenstrup (R-OH) to Commerce Secretary Gina Raimondo urging her to accept the anti-circumvention petition filed by Auxin Solar, Inc., a U.S. headquartered company that manufactures solely in America, requesting that the…
CPA FACT SHEET: Forced Labor in China An analysis of the Uyghur Forced Labor Prevention Act The problem. Since 2017, more than a million Uyghurs and other ethnic minorities in China have been forced into a vast network of “re-education camps” in the far west region of Xinjiang. The U.S. State Department has assessed this as “genocide.”…
CPA submitted the following public comment to the U.S. Department of Homeland Security in response to the Notice Seeking Public Comments on Methods To Prevent the Importation of Goods Mined, Produced, or Manufactured With Forced Labor in the People’s Republic of China, Especially in the Xinjiang Uyghur Autonomous Region, Into the United States (Docket No.…
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a bipartisan letter led by Senators Rob Portman (R-OH) and Sherrod Brown (D-OH) to Commerce Secretary Gina Raimondo urging her to accept the anti-circumvention petition filed by Auxin Solar, Inc., a U.S. headquartered company that manufactures solely in America, requesting that the U.S. Department…
Congress, the media, and independent regulators like the Securities and Exchange Commission (SEC) have recently focused on the risks posed to U.S. investors from Chinese companies directly listed on U.S. stock exchanges. While CPA welcomes this focus, it does not address the bulk of “bad actor” Chinese companies that are still present in U.S. capital…
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…