Is There Any Stopping China from Being the Solar OPEC?
China has wiped out American solar before. Can they do it again? This is the concern among many on Capitol Hill, including in the White House.
Michael Stumo: Biden Administration Drops the Ball on Mexico’s Steel Surge
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
U.S. Aluminum Industry Undermined by Dumping, Import Flood, and Trade Agreement Violations
Aluminum imports into the U.S. have surged in recent years, with some product categories seeing a 380% increase since 2015. Many countries have already been found guilty of dumping aluminum into the U.S. at artificially low prices.
How Budget Deficits Grow Due to Trade Deficits
Excessive imports siphon demand for goods and services away from American producers and drive the government to run a budget deficit to cover that gap.
CPA Welcomes Biden Administration Decision to Deny Vietnam “Market Economy” Status
In January, CPA called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government.
Job Quality Index and Manufacturing Employment Increase Slightly, but July Job Report Shows a Darkening Employment Landscape
the U.S. Private Sector Job Quality Index (JQI) was 82.99, up by +0.41% from the preceding month. Despite this slight increase in the JQI, the overall July 2024 Jobs Report from the government’s Bureau of Labor Statistics showed weak job growth.
Buttigieg is the Latest Top Biden Official to Advocate for China Tariffs
Transportation Secretary Pete Buttigieg has joined a chorus of Biden administration officials who all agree tariffs are needed to counter China’s mercantilism and export strategy.
CPA Supports Brown, Cassidy, Ossoff, Scott Bill to Prohibit Chinese Companies from Receiving IRA Tax Credits
The bipartisan legislation would prevent any company with ties to a Foreign Entity of Concern from receiving the 45X Advanced Manufacturing Tax Credit.
China EV Battery Maker Gotion Faces Challenges by Chairman of House Select Committee on the CCP
If Rep. John Moolenaar (R-MI-2), the newly minted Chairman of the House Select Committee on the CCP, gets his wish, there won’t be any Chinese EV battery investments in the U.S.
Domestic Market Share Index Rises in Q1 2024, Fueled by a Reduced Manufacturing Trade Deficit
The CPA Domestic Market Share Index (DMSI) rose slightly in the first quarter of 2024 as domestic manufacturing output edged up and the manufacturing trade deficit contracted slightly.
