China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for July was 85.09, down 0.41% from June. After several months of strong, high-quality job growth in the first half of 2023, the decline of the index reflects that job growth in the economy is slowing. Most of…
It is delusional to believe that a 21st century nation can achieve sustained economic growth and a thriving middle-class without manufacturing.
Unless Mexico immediately adheres to its 2019 steel obligations, the U.S. should reimpose Section 232 tariffs on Mexican steel imports.
Companies continue to invest in domestic solar thanks to all the new renewable energy tax credits. Without them, and tariffs, US solar would be China owned.
Industry Data Shows Mexico Deliberately Pricing 25% less than U.S. Products WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement calling on the Biden administration to address Mexico’s blatant and continuing breach of a 2019 joint agreement to lift steel tariffs in return for Mexico avoiding a surge of steel…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by First Solar, the largest American solar manufacturer, that it plans to build a fifth manufacturing facility in the United States, investing up to $1.1 billion in further expanding America’s capacity to produce its own photovoltaic (PV) solar modules. The planned fully…
WASHINGTON — America’s largest domestic steel producers, the United Steelworkers, and organizations representing the industry and its workers today released a letter outlining serious concerns with the recent Domestic Content Bonus Credit Guidance (“Guidance”). The Guidance, published by the Department of the Treasury and the Internal Revenue Service (IRS), describes rules for implementing the domestic…
A Chinese cancer drug maker that has not been inspected by the FDA since 2018 is selling chemotherapy drugs to the U.S. due to shortages. When will the U.S. meet its critical medication needs?
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives for holding a vote to override President Joe Biden’s veto of the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) that would repeal the Biden administration’s Solar Emergency Declaration. This harmful Declaration, in effect…
