CPA Applauds House Introduction of the Bipartisan ‘Secure Trade Act’
The Secure Trade Act codifies the President’s ten-percent universal tariff, and also repeals China’s “Most Favored Nation” (MFN) status.
The Secure Trade Act codifies the President’s ten-percent universal tariff, and also repeals China’s “Most Favored Nation” (MFN) status.
Florida Congressman Daniel Webster’s ‘USA Act’, introduced in August, amends the Science portion of the ‘CHIPS & Sciences Act’ to improve U.S. role in standards setting.
The initial report of the CPA/PSSI China Space Security Initiative (CSSI) details how Beijing is working to penetrate and control the space sectors of more than 120 countries through hundreds of ostensibly commercial agreements, via state-controlled Chinese companies that, in effect, act as fronts for the People’s Liberation Army (PLA).
The domestic polysilicon supply remains a national security imperative for the United States for many reasons including: China’s link to forced labor and human rights abuses; a globalized Chinese Communist Party-subsidized solar industry leading to overcapacity and export dumping; and the limitations of U.S. trade remedies to help, deep into the solar supply chain.
Investigation follows formal petitions filed last month by The Alliance for American Solar Manufacturing and Trade, in response to market manipulation driven by predominantly Chinese-owned manufacturing companies operating in Indonesia, and Laos, as well as those headquartered in India.
The trade deficit fell 16% in June to a low $60.2 billion, the Bureau of Economic Analysis said on Tuesday, but despite a 3.7% reduction in imports, the goods deficit for the month was surprisingly resilient compared to recent years without tariffs.
Closing de minimis means that commercial shipments from overseas vendors must enter the United States through standard customs procedures, submit full import documentation, and pay applicable duties and taxes—a long-overdue reform to restore order and accountability to America’s trade system.
Today’s action to directly target the midstream layer—rods, pipes, wires, connectors, and other semi-finished copper products that are essential to our economy and national security is extremely welcome. Combining the Section 232 action with the use of the Defense Production Act to ensure a robust supply of copper scrap for recycling is extraordinary.
The United States has become incredibly dependent on imports to meet its daily pharmaceutical needs. This heavy reliance on imports is now creating serious drug shortages and has led to a flurry of safety concerns.
CPA submitted formal comments to the Federal Communications Commission (FCC) this week supporting its proposed rule to increase transparency regarding foreign adversary control of smart devices and appliances.