Cheap Imports Are Making America Poorer
Cheap imports shaved prices on some goods but never made Americans richer. Wage losses and job destruction outweighed any discounts.
Defense Production Act to Be Part of Re-Industrialization Strategy, House Armed Services Hearing Confirms
On Capitol Hill, the defense narrative clearly gets legislators’ attention. It remains the surest way to get Members of Congress thinking about reindustrialization and rebuilding domestic supply chains.
Why 2025’s Record Breaking Trade Deficit Doesn’t Hurt the Argument for Tariffs
It was no surprise that the 2025 goods deficit broke another record, the Bureau of Economic Analysis (BEA) numbers showed recently. The year-ending goods deficit was $1.24 trillion, up from $1.21 trillion in 2024, with the monthly deficit for December looking like historic averages, nearly $100 billion. Nothing seems to stop America’s appetite for imports.
CPA Praises Launch of First-of-its-Kind Portal Exposing Malign Foreign Funding in U.S. Higher Education
For the first time, the new portal provides the American public with detailed access to reported foreign funding, including gifts and contracts from entities designated as “entities of concern” on nine federal government watchlists.
CPA Applauds Trump Administration’s Consideration of New Section 232 National Security Tariffs
CPA urges the administration to move swiftly to deploy Section 232 investigations through the U.S. Department of Commerce as the most durable and effective tool available to restore American industrial capacity.
An Industrial Policy Success Story Trump Should Champion: The Manufacturing Extension Partnership
President Trump has made American reindustrialization and reshoring central to his economic policy agenda. Reviving American manufacturing enjoys broad public support and has increasingly become a bipartisan priority.
CPA Statement on SCOTUS IEEPA Tariff Ruling
Today’s SCOTUS ruling should encourage the administration to refocus and expand its Section 232 efforts.
Senate Finance Hearing: Pro-USMCA and Decisively Anti-Tariff on Mexico and Canada
The Senate Finance Committee agrees on two things: First, the U.S. Mexico and Canada Agreement (USMCA) isn’t perfect and a number of issues need fixing. Second, they don’t want tariffs.
CPA Applauds Cassidy, Whitehouse Bill to Close Customs Loophole, Strengthen American Manufacturers
CPA strongly supports Senator Cassidy and Whitehouse’s Last Sale Valuation Act because it closes a long-standing loophole that has allowed multinational importers to artificially understate the value of goods entering the United States.
CPA: Tax Foundation’s “$1,000 Per Household” Tariff Claim is Economic Malpractice
The Tax Foundation’s calculation simply assumes the approximate $132 billion in new 2025 tariff revenue is paid directly by households, dividing that figure across 134.8 million households to produce an average estimate of a $1,000 annual burden per household.
