Is a Strong Dollar Really all That Important?
Ex-World Banker John Hansen explains why a strong dollar might not be as good as the Washington-Wall Street consensus would have us think.
CPA Applauds Wyden, Portman Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. Yesterday, CPA released a…
CPA Applauds Unanimous Senate Vote to Revoke Russia’s PNTR Status
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the U.S. Senate for unanimously passing amended legislation that would repeal permanent normal trade relations (PNTR) status for Russia and Belarus. The Senate action follows a unanimous vote in the House last month to revoke Russia’s PNTR status. The House passed the amended Senate bill…
At Latest ITC Hearing, Anti-Dumping and Trade Deals Holding Manufacturing Jobs Hostage
The International Trade Commission held its seventh roundtable discussion on the impacts of foreign trade on American workers and manufacturing. CPA Chairman Zach Mottl was one of the speakers.
Katherine Tai Hammered in Hearings on Free Trade, Market Access
It sounded like the 1980s in Congress this week. Free trade and open markets were all the rage in a Senate Finance Committee hearing and a House Ways and Means Committee hearing with America’s top trade diplomat, Katherine Tai.
Trade Commission Hears from Detroit Workers Left Behind by Trade
Black workers in Detroit have been “devastated” by globalization. A few Michigan steelworkers give the International Trade Commission an earful on offshoring in the latest series on how trade impacts local communities.
CPA Urges Speaker Pelosi to Pass Legislation Imposing Capital Markets and Secondary Sanctions on China and Russia
WASHINGTON — The Coalition for a Prosperous America (CPA) urged House Speaker Nancy Pelosi (D-CA) to prioritize the passage of additional legislation to impose capital markets sanctions and secondary sanctions on Russia and China. Earlier this month, CPA applauded the House for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR)…
CPA, Independent Retailers Call on Congress to Address De Minimis Loophole Exploited by China
WASHINGTON — The Coalition for a Prosperous America (CPA) today, along with nearly a dozen independent retail associations, called on Congress to address an import loophole, known as de minimis, that is used by non-market economies and counterfeiters to ship hundreds of millions of packages valued under $800 into the United States without inspection, information…
CPA Applauds Commerce Department for Initiating Investigation into Illegal Chinese Circumvention
WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce initiated an anticircumvention investigation into Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia that are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells and modules from China. The decision comes after Auxin Solar,…
CPA Member Revere Copper to Massively Increase Copper Capacity
Revere Copper of Rome, NY to boost its copper production capacity by around 30 million tons. Their timing couldn’t be better.