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…
This memo explains (1) the dollar overvaluation problem, (2) how to accurately calculate the dollar’s misalignment against trading partner currencies, and (3) how the Market Access Charge (MAC) that CPA and others favor would fix this serious threat to America’s future. by Michael Stumo (CEO)Jeff Ferry (Research Director)and John R. Hansen (Advisory Board) The foreign exchange…
By Jeff Ferry, CPA Research Director A U.S. bankruptcy court has decided to sell a California mine, the sole U.S. source of rare earth minerals, to a consortium including Chinese mining company Shenghe Rare Earth Shareholding Co. If the transaction goes ahead, this would turn over the unique domestic producer of these vital minerals, used…
The Coalition for a Prosperous America (CPA) appreciates the opportunity to provide testimony to the Committee on Ways and Means regarding the likely impact of tax reform on the US economy. CPA is a national, non-partisan organization focusing upon improving American trade performance, eliminating our persistent trade deficit, and growing domestic supply chains as a…
The House Republican business tax reform plan may be heading for political defeat. Senate support is absent, House Republicans are divided, and Democrats oppose it. May 9th, 2017 | Written by Michael Stumo and Jeff Ferry, Global Trade Magazine However, the border-adjustability feature of the tax plan is an important goal to preserve because it would neutralize foreign border taxes…
Washington ~ The Coalition for a Prosperous America (CPA) urged the International Trade Administration (ITA) to find that China is not a market economy for purposes of applying US trade laws in countervailing duty and antidumping investigations. The ITA initiated the inquiry as part of an investigation relating to aluminum foil imports from China. The…
Washington~ The Trump administration announced Monday evening that it will impose countervailing duties up to 24% on imported lumber subsidized by the Canadian government. The Commerce Department announced its Preliminary Determination of Countervailable Subsidies on April 24, 2017 after a long running investigation. CPA strongly supports the Trump Administration’s move to eliminate the unearned advantage given…
By Jeff Ferry, CPA Research Director The Trump Administration is getting tough with foreign nations that don’t play by the rules of free and fair trade. That’s the message we’re getting from Administration sources. And it contradicts recent press reports claiming the Trump team is backing away from campaign promises to get tough on America’s…
By Jeff Ferry, CPA Research Director The fear is growing that a rising dollar could sabotage any effort by the Trump Administration to improve the U.S. trade balance as a means of improving the health of our manufacturing industry. Commentators have suggested that the prospect of rising interest rates and higher U.S. economic growth, combined…
