By Charles Benoit, CPA Trade Counsel In December, the U.S.-China Commission, a group created by Congress to advise on managing the bilateral relationship, formally recommended that China lose its Most-Favored Nation (MFN) tariff status. Referencing the decision to grant China permanent MFN status in 2001, Speaker McCarthy said in remarks on the House floor yesterday…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the selection of U.S. Representative Jason Smith (R-MO) to serve as the Chairman of the House Ways and Means Committee for the 118th Congress. The powerful committee has jurisdiction over tax and trade issues. As Bloomberg reported, “Smith, who advocates positioning the GOP as…
The November trade deficit fell, but that didn’t stop the U.S. from record imports this year. The goods deficit is now over $1.1 trillion.
Ambassador Bob Lighthizer, the former U.S. Trade Representative in the Trump administration, joined Laura Ingraham on Fox News Channel to discuss trade, the TPP, and how the Republican Party must embrace a pro-worker trade agenda. Watch the full interview below. LAURA INGRAHAM: Now looking forward to 2024, we see the globalists scrambling to…
As 2022 winds down, one thing remains clear, globalization is losing support among policy makers, and even among influencers like Paul Krugman.
Ruling Would Cost U.S. Manufacturers Billions WASHINGTON — The Coalition for a Prosperous America (CPA) today urged the Biden administration to reject the decision from the U.S.-Mexico-Canada Agreement (USMCA) Panel that seeks to weaken USMCA’s automotive rules of origin. The regional content rules were a major change from NAFTA intended to boost domestic manufacturing in…
WASHINGTON — The Coalition for a Prosperous America (CPA) today joined the Office of the United States Trade Representative in criticizing the World Trade Organization’s (WTO) flawed ruling regarding challenges to the United States’ Section 232 tariffs on steel and aluminum brought by China and others. For the better part of a century, the U.S.…
The government’s latest trade figures show a surge in imports, even as the economy runs the risk of recession. A look at October trade flows.
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
Biden Administration Should Rescind its Solar Emergency Declaration WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Department of Commerce issued a preliminary determination that determined that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells…
