Biden “Anti-Tariff” Trade Nominee Irks Leading Democrats; Potentially Opposing Figure at USTR
Nelson Cunningham would be the second in command at the USTR after Katherine Tai in his role as Deputy United States Trade Representative.
WSJ Continues to Cry About Tariffs. Here’s Where They Are Wrong.
The Wall Street Journal has started 2024 bemoaning tariffs. They are for losers, the WSJ Inside View columnist Andy Kessler wrote in December, ending 2023 with a taste of what is expected to come this year, an election year.
Washing Machine Tariffs Come Out Clean, Sparkling for US Manufacturing
Washing machine tariffs were a success, as measured by over 2,000 new jobs, more competition, no sustained effect on washing machine prices and economic stimulus with the construction of new factories.
Nippon Steel’s US Steel Corporation Offer Should Be Killed, CPA Board Member Bill Jones Believes. Here’s Why.
The world’s fourth largest steel producer – Nippon Steel of Japan – made an offer to buy the third largest steelmaker in the U.S., U.S. Steel Corporation, in an all cash purchase priced at $55 a share in December, nearly double the company’s share price from early August.
U.S. Trade Deficit Surprisingly Falls In November But 2023 Goods Deficit Still Over $1 Trillion
The U.S. trade deficit fell by 2% in November over the previous month, with both exports and imports relatively flat ahead of the holiday season.
China Derisking? Not Really. Some Goods Now Sourced from Chinese Companies in Vietnam
Supply chains are still in the hands of Chinese companies but have been “rejiggered” to Vietnam and elsewhere.
Trump Tariffs are ‘Bad’; Lighthizer is ‘Wrong’, WSJ Editorial Board Tells Us
A CPA rebuttal to a WSJ Editorial Team op-ed on Jan. 2 bemoaning China tariffs by both Biden and Trump.
CPA to Biden Administration: Do Not Grant Socialist Republic of Vietnam “Market Economy Status”
Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (CPA) called on the Biden administration to reject misguided
U.S. Trade Deal with the U.K. Dies Quietly. Rest in Peace.
After roughly two years of back and forth on opening more markets to free trade between the U.S. and U.K., both sides have given up. Why that’s a good thing.
Economic View: Revoke China MFN Status Now
The multinational business community claims that revoking China MFN would be bad for the
U.S. economy. They are wrong.
