Import Dependence and Inflation – A Global Comparison
Greater import dependence makes countries more vulnerable to price shocks.
NEW: CPA’s Trade Model Shows Broad Tariff Increases would Create 10 Million Jobs
CPA’s Model Tariff Schedule Shows Industrial Policy can Boost U.S. Economy, Domestic Manufacturing, and Wages WASHINGTON — The Coalition for a Prosperous America (CPA) today released the results of a new economic model, the CPA Model Tariff Project, that shows substantial benefits in growth and jobs from a broad-based implementation of additional tariffs on all…
CPA Urges U.S. Customs Agency to Add Chinese Solar Companies to Forced Labor List
ICYMI: SEIA’s Chinese Members’ Shipments Detained by CBP WASHINGTON — The Coalition for a Prosperous America (CPA) requested that U.S. Customs and Border Protection (CBP) add additional Chinese companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, subjecting them to the presumption that their goods are made with forced labor. Earlier this week,…
CPA Applauds Provisions in Reconciliation Bill to Boost U.S. Domestic Solar Manufacturing
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement applauding a provision in the Inflation Reduction Act that would provide tax credits for domestic production of multiple stages of the solar supply chain, including modules, photovoltaic cells, and solar-grade polysilicon. The provision resembles legislation introduced last year by U.S. Senator Jon…
Canada Supports Democrats’ Call for Effective Tariff Protection of North American Automobile Industry
In a surprise development last night, Senate Majority Leader Chuck Schumer (D, N.Y.) and Senator Joe Manchin (D, W.Va.), with support from President Biden, announced a deal on a massive tax, energy and healthcare legislative package. Sen. Kyrsten Sinema (D-Ariz.), as of the time of this writing, has not indicated her support, and she’s a…
The Importance of Tariffs on the U.S. Solar Market
U.S. market share in the solar industry has increased since solar tariffs were enacted.
How Steel Tariffs Are Helping US Workers
This article is an expanded version of testimony delivered by Mr. Ferry to the U.S. International Trade Commission on July 22, 2022. The Section 232 steel tariffs have benefited the U.S. steel industry and its workforce American steelworkers earned an average of $117,200 last year, making steel one of the best-paying industrial sectors in…
Senator Grassley Chooses Foreign Kingdom’s Subsidized Fertilizer Over Florida and Illinois Producers, Abandons Claimed Principles
By Charles Benoit, CPA Trade Counsel Last month, President Biden stunned the trade community around the world when he announced a two-year legal immunity from our anti-dumping and countervailing duty (AD/CVD) laws for solar panels imported from Cambodia, Malaysia, Thailand or Vietnam (including Chinese ones that illegally circumvent duties through those countries). International cartels and…
CPA to Biden: Gutting Tariffs won’t Lower Inflation. It’s Just a Gift to China.
“A move by President Joe Biden to remove tariffs on Chinese consumer goods will do little to dent inflation, economists say, and risks further hamstringing Democratic candidates in political battlegrounds.” — Bloomberg (July 5, 2022) WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement urging President Biden to not implement…
Will China Products be Banned from U.S. Military Bases?
The House Armed Services Committee passed its version of the National Defense Authorization Act this week, with many amendments taking swipes at China reliance.