To Reduce the Deficit, Tariff the Money
To reduce the deficit in a durable way, the United States must do more than tariff goods. It must tariff the money.
New CPA Economic Model Answers Sen. Warren’s Request; Moves Modeling Closer to Reality
The development of GTAP-USL economic model marks another step forward in our efforts to make the GTAP more realistic and a better predictor of the real-world effects of trade policies or trade shocks. It’s critical to build models that provide a better understanding of how policies impact people, families, racial groups, gender, cities and regions. There is still more work to be done.
CPA Supports Measures To Curb Trade Imbalances Caused By Overvalued Dollar
Realigning the dollar would be the most comprehensive and effective move to address the U.S. competitive disadvantage. It can be done either by a multilateral intervention agreement, or a MAC, which would be a federal tool to moderate foreign investment in dollar financial assets.
The Tariff Trump Hasn’t Tried Yet: A Market Access Charge on Foreign Capital Could Tame the Dollar and Boost U.S. Manufacturing
A Market Access Charge (MAC) might be the perfect addition to the tariff agenda; a surgical tool to tax capital inflows.
CPA Announces Leadership Changes as CEO Michael Stumo Joins Trump Administration
CPA announced key leadership changes as CEO Michael Stumo steps down to take on a new role in the Trump administration. Jon Toomey has been elevated as President of CPA to lead the organization and Nick Iacovella has been promoted to Executive Vice President.
CPA Hires EJ Valentine as Director of Government Relations
Valentine will bolster CPA’s advocacy efforts at the federal, state, and local levels, working to advance pro-American trade and economic policies that support domestic manufacturing, strengthen supply chains, and protect American workers.
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 Applauds Chairman Jason Smith’s Reappointment to Lead House Ways and Means Committee
CPA is proud to support Chairman Smith as he continues to champion policies that prioritize American workers and to rebuild our nation’s productive capacity.
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.
Currency Misalignment Monitor, October 2024
The U.S. dollar remains at about the same worldwide valuation in our latest quarterly Misalignment Monitor, continuing to create a double-digit import incentive to the great disadvantage of domestic U.S. producers.
