Deborah Rosenblum of the Department of Defense tells the U.S. China Economic and Security Review Commission that Washington has to reshore critical supply chains.
The U.S. China Economic and Security Review Commission asked panelists to discuss just how powerful, and important, China supply chains have become to the U.S. economy.
The U.S. China Economic and Security Review Commission heard from panelists this week on Washington’s reshoring efforts. Question: Will there be any buyers?
WASHINGTON — The Coalition for a Prosperous America today published a new CPA Policy Paper titled, “U.S. Challenges in EV Battery Production,” that finds the U.S. lags behind the two other major world automotive powers, China and the European Union region, in electric vehicle (EV) battery production. Although U.S. EV battery production is rising, it…
By Amanda Mayoral The U.S. is lagging behind China and the European Union in production of lithium-ion batteries for electric vehicles. Forecasts show the U.S. will fall further behind China by 2025 and remain dependent on imports for more than half of its EV battery needs. This CPA Policy Paper by CPA Economist Amanda…
By Amanda Mayoral Summary Global supply-chain crises, over-dependence on foreign production and government stimulus best explain the current inflation problem. Policy makers should learn from current crises and enact policies to reduce our strong dependence on unreliable foreign suppliers. Tariffs can cause a one-time rise in prices, but they don’t cause persistent month-after-month…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement opposing Senator Pat Toomey’s (R-PA) poison pill effort to gut Section 301 of the Trade Act of 1974 and undermine efforts to address unfair foreign trade practices by China. Specifically, CPA is urging Senators to oppose the Toomey motion to instruct (MTI)…
The Senate Armed Services Committee heard testimony this week from defense industry experts warning about the declining domestic market share for microelectronics.
By: Greg Owens, Co-Founder and CEO, Sherrill Manufacturing Inc. We have entered a new post-pandemic phase in world economic order. Deglobalization is now upon us. It started with a relatively “slow impact” move to decouple from China. This was characterized by diplomacy followed by limited and low-percentage tariffs on certain Chinese goods. Two years of…
Fighting Against Chinese & Indian Generic Pharmaceutical Manufacturers Exporting Unsafe Products to the U.S. WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of Americans for Safe Drugs©, a new campaign fighting against foreign generic pharmaceutical manufacturers in China and India that are flagrantly violating the Food and Drug Administration’s (FDA)…
