As 2022 Draws to a Close, Globalization is Still Against the Ropes
As 2022 winds down, one thing remains clear, globalization is losing support among policy makers, and even among influencers like Paul Krugman.
Biden Administration Must Reject USMCA Tribunal Decision on Auto Rules
Ruling Would Cost U.S. Manufacturers Billions WASHINGTON — The Coalition for a Prosperous America (CPA) today urged the Biden administration to reject the decision from the U.S.-Mexico-Canada Agreement (USMCA) Panel that seeks to weaken USMCA’s automotive rules of origin. The regional content rules were a major change from NAFTA intended to boost domestic manufacturing in…
State Department Awards Human Rights Abusers for “Excellence” – The Gap and Intel
The State Department awarded subsidiaries of The Gap in India and Intel in Costa Rica for actions taken by those companies there. Here’s why the parent companies never would have qualified.
CPA Statement on Flawed WTO Decision on Steel and Aluminum
WASHINGTON — The Coalition for a Prosperous America (CPA) today joined the Office of the United States Trade Representative in criticizing the World Trade Organization’s (WTO) flawed ruling regarding challenges to the United States’ Section 232 tariffs on steel and aluminum brought by China and others. For the better part of a century, the U.S.…
October Trade Deficit Rises to $78.2B, Pointing to Record Annual Goods Deficit of $1.2 Trillion
The government’s latest trade figures show a surge in imports, even as the economy runs the risk of recession. A look at October trade flows.
Senate Finance Committee Chairs Want Bigger Trade Deals to Counter China
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
Senate Hearing Takes Swipe At ‘De Minimis’ Rule That Favors Amazon, FedEx, Shein & More
When it comes to duty-free China e-commerce, an advocacy group working for Amazon and Walmart tries to get the Senate Finance Committee on their side.
Is the Dollar Overvalued? New Treasury Report Says Yes.
Treasury says the dollar is overvalued, but has no plans to fix it. Wall Street will remain the deciding factor in the dollar’s fate. Meanwhile, foreign central banks take action.
For China Solar, Tariffs Set to Return After Commerce Findings
The Commerce Department says four Chinese solar companies in SE Asia circumvented US tariffs. Will Biden rescind his two year duty-free solar waiver?
Commerce Department Finds Chinese Solar Companies are Illegally Circumventing Tariffs
Biden Administration Should Rescind its Solar Emergency Declaration WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Department of Commerce issued a preliminary determination that determined that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells…