The following written testimony was submitted by Michael Stumo, CEO of CPA, to the House Ways and Means Subcommittee on Trade for a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains,” that was held on May 25, 2023. Read Stumo’s oral testimony here. Written Testimony…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives for holding a vote to override President Joe Biden’s veto of the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) that would repeal the Biden administration’s Solar Emergency Declaration. This harmful Declaration, in effect…
In latest House Select Committee on China hearing, more tariffs, more Wall Street bans, and more tech restrictions are warranted.
Quartz Importers Abandon Challenges to Lawfully Imposed AD/CVD Duties WASHINGTON — In a win for the U.S. domestic quartz manufacturing industry, MS International (MSI), one of the largest U.S. importers of quartz surface products (QSP), is abandoning its challenges to the antidumping duty and countervailing duty (AD/CVD) orders on QSP from China and Turkey, and…
Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct threats to the U.S. and our allies, systemic human rights abuses and genocide, and consistent actions to undermine democracies around the world and the rules-based international order. The U.S. government’s…
De minimis China imports increases the 2022 U.S. goods trade deficit by 16% to $1.38 trillion, representing some 8.3 million lost U.S. jobs.
House Committee hears from witnesses who call for better trade enforcement, and keeping tariffs. Meanwhile, de minimis trade rule in the crosshairs again.
Monthly trade figures show a slowing economy. Deep dives show goods gap likely to shrink. And in advanced tech, only aerospace has a trade surplus.
Key Points The trade deficit with China has cost the U.S. 3.82 million jobs since 2001. Three-quarters of the job loss is concentrated in manufacturing, a total of 2.89 million manufacturing jobs lost. Job loss has been most concentrated in tradeable sectors. This has led to a decline of high paying jobs. The state-by-state analysis…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Democrat and Republican Senators for passing the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) to repeal the Biden administration’s Solar Emergency Declaration. This harmful rule, in effect until June 2024, protects Chinese solar manufacturers even though the U.S.…
