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    Trade Deficit Falls in April, Driven Largely by Persian Gulf Disruptions

    Trade Deficit Falls in April, Driven Largely by Persian Gulf Disruptions

    June 10, 2026

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    Trade Deficit Falls in April, Driven Largely by Persian Gulf Disruptions

    Government Seeks To Enlist Small Business Involved In Critical Supply Chains

    CPA Applauds Executive Order Strengthening Customs Enforcement, Cracking Down on Non-Resident Importers and Weak Bonding

    Mike Froman Is Wrong Again: Manufacturing Jobs Are Among America’s Best Jobs

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Modeling the Effect of the Market Access Charge on Exchange Rates, Interest Rates and the US Economy

Currency, Working PapersBy Jeff FerryOctober 5, 20203 Comments

This Working Paper examines the impact of the proposed Market Access Charge (MAC) on international capital inflows into the US economy and the domestic US

Phenomenal World | The Class Politics of the Dollar System

CurrencyBy Michael StumoJuly 22, 2020

CPA’s take: This well-written article explains why dollar hegemony and overvaluation is bad for US productivity and working-class people around the world.  The global dollar

Podcasts\ The Economic Foundations of Industrial Policy

Currency, member feature, VideoBy Guest AuthorJuly 1, 2020

Editor’s Note: An article from Palladium magazine by Marc Fasteau and Ian Fletcher, read by the latter on the following podcasts. America’s resurgent interest in industrial

America’s Trade Deficits

CurrencyBy Michael StumoJune 23, 2020

Editors note: Ken Austin, a former treasury official, explains the intricacies of capital flows, exchange rates, and the trade deficit. Blame U.S. Policies – Starting

US Capital Flow Management in the 1960s: The Interest Equalization Tax

CurrencyBy Michael StumoFebruary 20, 2020

By Steven L. Byers, PhD and Jeff Ferry With the introduction of the Baldwin-Hawley bill (S 2359) into the US Senate, capital flow management tools

Making America Competitive Again, The Bipartisan Baldwin-Hawley Bill

CurrencyBy Michael StumoNovember 7, 2019

By John R. Hansen, CPA Advisory Board  Executive Summary America’s trade deficits, which are caused primarily by America’s overvalued dollar, are eroding the American Dream

Regulating Capital Inflows To Realign The Dollar Exchange Rate

CurrencyBy Michael StumoAugust 19, 2019

By Steven L. Byers, PhD U.S. Senators Tammy Baldwin (D-WI) and Josh Hawley (R-MO) recently introduced a bipartisan bill (Senate Bill S.2357) to realign the

Forget Tariffs. Here’s a Better Way to Close the Trade Gap.

CurrencyBy Michael StumoAugust 12, 2019

Editors’ note: This is an important and clear article by respected journalist Matthew Klein supporting the Baldwin/Hawley Competitive Dollar for Jobs and Prosperity Act. However,

Hawley Is Asking the Right Questions About the Dollar

CurrencyBy Michael StumoAugust 5, 2019

Editors note: Conservative opinion leaders are starting to focus on the need for a competitive dollar. Senator Josh Hawley (R-Mo.) has wasted very little time

5 Smart Reasons to Tax Foreign Capital

CurrencyBy Michael StumoAugust 2, 2019

Editors note: Professor Michael Pettis wrote the book called “The Great Rebalancing” and is a core expert on global trade and balances. He is supportive of

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