CPA Calls for Full 301 Tariff Implementation in Light of China’s Violation of Phase One Deal

WASHINGTON — The Coalition for a Prosperous America (CPA) today called on the Biden administration to fully implement all tariffs the U.S. government imposed on China pursuant to Section 301 of the 1974 Trade Act in light of China’s violation of the Phase One deal. As part of this enforceable agreement, China pledged to increase…

CPA Urges Commerce to Investigate Illegal Chinese Circumvention

WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement in support of a petition filed by Auxin Solar, Inc., a U.S. headquartered company that manufactures solely in America, requesting that the U.S. Department of Commerce close a loophole that is being exploited by Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia…

New Study: Global Currency Misalignment Challenges US Reindustrialization Efforts

A new CPA study, using widely accepted methodology and IMF data, shows that for the world’s major economies to achieve fair currency values and eliminate global imbalances, large adjustments in major currencies would be required. The dollar would need to fall by 16.6%, while the Chinese yuan would need to rise against the dollar by…

CPA Applauds Passage of House China Competition Bill

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the House passage of the America COMPETES Act of 2022 (H.R. 4521), the House’s China competition bill which contained a number of trade provisions that CPA supports and encouraged lawmakers to include. Specifically, the trade title of the House China competition bill represents a…

Biden Administration’s Gutting of 201 Solar Tariffs is a Gift to Beijing

WASHINGTON — The Coalition for a Prosperous America (CPA) heavily criticized the Biden administration’s decision to exclude bifacial solar panels in its extension of the Section 201 solar safeguard tariffs — a move that Bank of America bluntly called out as rendering the tariffs “largely toothless.” This decision is an outright rejection of the U.S.…