On March 8th, the president announced tariffs of 25% on steel imports and 10% on aluminum tariffs. The tariffs were levied under Section 232 of the 1962 Trade Act. Imports of both metals were reaching levels that seriously threatened US national security, including the reliable supply of metal for military use and use in vital…
CDJPA Research Note #1 By John R. Hansen (CPA Advisory Board) and Jeff Ferry (CPA Research Director) Implementation of the Competitive Dollar for Jobs and Prosperity Act (CDJP Act) will gently lower the dollar’s value to a competitive exchange rate and keep it competitive over time. The Act provides the Federal Reserve with a new…
By Jeff Ferry, CPA Research Director Industrial espionage has been going on for centuries, but experts agree China’s espionage campaign is on a different scale from anything we’ve seen in history. It has been going on at least since the 1990s and there is no sign it is letting up. Targets include an incredibly broad…
By Jeff Ferry, CPA Research Director After opposing tariffs on imported solar cells and modules for years, and claiming the US manufacture of solar cells would never be profitable, San Jose, California-based SunPower Corporation announced last week plans…to become a leading US manufacturer of solar cells and modules. Last Wednesday, SunPower said it’s buying SolarWorld…
By Michael Stumo, CEO of CPA The Coalition for a Prosperous America (CPA) strongly supports the Trump administration’s shift from naive “free trade” to the realpolitik “strategic trade” practiced by most industrial nations. Strategic trade will lead to industrial recovery, better jobs and prosperity in the US. Challenges will arise as we transition from trade…
By Jeff Ferry, CPA Research Director CPA Economic Model Refutes Alarmist Trade Partnership Study A Coalition for a Prosperous America (CPA) modeling study of the impact of the Section 232 tariffs on the U.S. economy shows minimal national macroeconomic impact of the tariffs. The study shows that U.S. GDP would fall by 8/1000s of 1…
By Jeff Ferry, CPA Research Director SolarWorld Americas is ramping production of solar cells at its Hillsboro, Oregon facility. CEO Juergen Stein tells us that the company is aiming to add another 300 employees before year’s end, which would bring its total US workforce to 600 people. “We are already hiring,” Stein said. “We are…
By John R. Hansen, CPA Advisory Board Would the MAC discourage foreign direct investment in the United States? Some readers have suggested that capital being brought into the United States to finance greenfield foreign direct investment should be exempted from the MAC. We should not, they argue, do anything to discourage productivity enhancing investment in America’s manufacturing…
By Jeff Ferry, CPA Research Director The Trump administration’s rumored Section 301 investigation of Chinese trade practices opens up a new front in the ongoing “trade wars” with China, this time over intellectual property. A key event driving concern over Chinese use or abuse of foreign intellectual property was China’s publication of an ambitious industrial…
By Jeff Ferry, CPA Research Director President Trump’s “Buy American week” was largely a feel-good event, but behind the scenes there is growing nationwide support in the political and business worlds for more US spending to go on American-made goods and services. Buy American is important because the federal government, state and local governments, and…
