Biden Administration Must Address Illegal Quartz Dumping by Indian Manufacturers

WASHINGTON — The Coalition for a Prosperous America (CPA) urged the Biden administration to enforce America’s anti-dumping and countervailing duties (AD/CVD) laws against predatory import practices in the quartz countertop industry. The U.S. market for quartz countertops is the largest in the world. However, unfair trade practices, especially from Asia, are rampant in this sector…

Apple Freezes Plan After U.S. Senators, CPA Highlight Dangers of Chinese Chip Supplier

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding reports that Apple has put on hold its plan to use memory chips from China’s government subsidized Yangtze Memory Technologies Co. (YMTC). Earlier this year, CPA and China Tech Threat (CTT) released a policy paper that highlighted the dangers of an…

U.S. Domestic Market Share Index Hits All-Time Low

WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers…

CPA Urges Fed, Treasury, Congress to Address Soaring U.S. Dollar

Currency misalignment reaching critical level WASHINGTON — The Coalition for a Prosperous America (CPA) today formally urged the federal government to address the U.S. dollar’s continuing overvaluation. In a letter to U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, and the leadership of the Senate Banking and House Financial Services Committees, CPA highlighted…

CPA to Congress: U.S. Can Support Taiwan without a Trade Agreement

WASHINGTON — As the Biden administration and Congress consider a potential free trade deal with Taiwan, the Coalition for a Prosperous America (CPA) has documented why such a deal would work against U.S. interests while offering little in the way of meaningful protection for Taiwan. Earlier this month, CPA submitted testimony to the House Ways…

Job Quality Index Falls to 81.07

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell 0.45% to 81.07 in August, as low-quality job additions exceeded high-quality additions. Low quality jobs, i.e. jobs that pay weekly wages below the national average for all production and nonsupervisory workers, increased in the latest month, particularly…