Trade Deals Need to Reconsider Supply Chain Risks – GAO Report
A new report by the Government Accountability Office highlights the need for revamped trade deals. But missing from the discussion is the case for more local supply chains.
CPA Applauds Bipartisan Senate Bill to Blacklist China & Other Foreign Adversaries Buying American Farmland and Agricultural Businesses
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Senators Mike Rounds (R-S.D.) and Jon Tester (D-Mont.) that would blacklist China, Russia, Iran and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture. China prohibits any foreign purchase of its domestic farm…
Is the U.S. Still Financing China’s Military Might?
Yes, in many ways the U.S. is funding China’s defense sector through venture capital, portfolio investments, and computer hardware sales to companies on the Entity List.
Chinese Companies Build Factories in Mexico to Exploit “Friendshoring”
Key Points Products manufactured in Mexico contain an increasing amount of Chinese value. Foreign direct investment by Chinese firms in Mexico is up 276%, averaging $225 million annually, compared to investment prior to the U.S. imposition of Section 301 tariffs on Chinese goods. Chinese investment in Mexico means manufactured goods in Mexico will contain an…
CPA Trade Counsel Promotes Tariffs With Capitol Hill Staff
On January 31, CPA trade counsel Charles Benoit gives a masters class on the history of trade tariffs, and how they were used to build the U.S. economy.
CPA Announces Legislative Scorecard
Key Votes on Pro-American Trade and Industrial Policy Legislation WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of its legislative scorecard, a comprehensive indicator of a lawmaker’s record on fighting for and supporting policies that rebuild U.S. supply chains, reduce and eliminate trade deficits, implement a robust national industrial strategy,…
Pharmaceuticals Are Heavily Outsourced. Can the U.S. Make More of it Here?
The U.S. is increasingly dependent on imports for drugs. One reason: a tax avoidance scheme that pits U.S. manufacturing up against Europe. What can be done about this problem?
CPA Applauds Bipartisan Legislation to Repeal Biden Solar Emergency Declaration that Allows Tariff Free Importation of Subsidized Chinese Solar to Continue Illegal Trade Activity
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Representatives Bill Posey (R-FL) and Dan Kildee (D-MI) that will repeal President Biden’s Solar Emergency Declaration, issued last June. Under the Congressional Review Act (CRA), Congress can repeal rules enacted by the executive branch if they were enacted within…
Americas Act Addresses Key Failure of Past Trade Deals
U.S. Senator Bill Cassidy (R-LA) has released a discussion draft of a sweeping, ambitious bill titled the “Americas Act”. The bill states its aim to “establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere”. But unlike every other U.S. trade agreement in the last century, the Americas Act actually undertakes…
U.S. Domestic Market Share Index Increases Slightly
WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI increased slightly to 66.5 in Q3 2022, an increase of 0.3 percentage points from the previous quarter.…