What the Biden Administration Should Do With ‘Blacklisted’ China Companies
Biden added more Chinese companies to its blacklist. Why is BlackRock, Vanguard, State Street and others still allowed to invest in some of them?
Covid Supply Chain Crunch: Asian-Made PPE Stuck at Ports, Supplies Late
Recent supply chain bottlenecks of hospital gear shows why continued dependence on Asia is bad for pandemic preparedness. The Make PPE in America Act in the infrastructure law should remedy this in the years ahead, if Congress doesn’t open the doors to duty-free PPE and undercut the law’s intent.
CPA Applauds Passage of Bipartisan, Bicameral Uyghur Forced Labor Prevention Act
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives and the U.S. Senate for passing the Uyghur Forced Labor Prevention Act, bipartisan legislation which will ensure that goods tainted with the forced labor of Uyghurs, and others, in the Xinjiang Uyghur Autonomous Region (XUAR) — and elsewhere in…
CPA on NDAA: Bill Includes Important Provisions and Missed Opportunities
WASHINGTON — The Coalition for a Prosperous America (CPA) praised certain provisions of the National Defense Authorization Act (NDAA), which was passed by both houses of Congress and is expected to be signed into law by President Biden shortly. Those provisions included measures that will increase procurement of domestically manufactured goods and address the growing…
CPA To BlackRock: Stop Helping Fund the CCP’s Genocide & Efforts to Undermine U.S. Economic & National Security
WASHINGTON — The Coalition for a Prosperous America (CPA) today asked BlackRock CEO Larry Fink to stop aiding and abetting human rights abuses and national security risks associated by including Chinese companies in BlackRock’s iShares Exchange-Traded Funds (ETFs). BlackRock, which is the world’s largest asset manager, surprisingly recommended earlier this year that investors triple their…
CPA Comment Letter to the Department of Labor Regarding Environmental, Social, and Governance (ESG) Factors
CPA National Security Advisor Robby Stephany Smith submitted the following comment letter to the Department of Labor requesting that Environmental, Social, and Governance (ESG) include the following factors when providing greater guidance to fiduciaries: national security risks; political risks; existing sanctions on related entities or persons; human rights violations; linkages to state-owned or state-controlled industries…
Why is Wall Street Still Investing in Blacklisted China Companies?
Commerce banned more Chinese defense contractors from buying American computer hardware, other high-tech goods. Why can Vanguard and State Street still invest in them?
Forced Labor Issues Getting Watered Down by Democrats in Congress. Why?
A look at the three largest bills recently circulating in Washington, including the recently passed infrastructure law, and how they’ve gone soft on forced labor. The opportunity presented itself to take the issue more seriously than just another round of studies in each bill mentioned here.
House Ways & Means Committee Blasts China’s Shein, De Minimis Rules, And TPP Makes a Comeback
At this week’s Trade Subcommittee hearing at House Ways & Means, talk of changing de minimis rules for goods bought on line; forced labor; and a few diehards bring up TPP.
U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts
U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts By Amanda Mayoral, CPA Economist Summary Points: The US held high tariff rates from 1816 until the middle of the 20th century The US then cut tariffs more than most countries, often unilaterally, without also requiring tariff reductions by others Today, the US has…