Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy

Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy   By Amanda Mayoral, CPA Economist   Summary Points: Despite popular misconception, economic theory has long suggested that tariffs can benefit a country, particularly one like the US. The most advantageous tariffs are optimal tariffs. This is because optimal tariffs balance the…

Expert Congressional Testimony Confirms: Congress Must End China’s Exploitation of U.S. Capital Markets, Protect U.S. Investors

WASHINGTON — The Coalition for a Prosperous America (CPA) today submitted written testimony following a hearing in the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets titled, “Taking Stock of China, Inc.: Examining Risks to Investors and the U.S. Posed by Foreign Issuers in U.S. Markets.” CPA National Security Advisor Robby Stephany…

CPA Welcomes Eligibility Review of AGOA Beneficiaries

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following the termination of Ethiopia, Guinea, and Mali from the African Growth and Opportunity Act (AGOA) tariff preference program as of January 1, 2022, absent urgent action to meet statutory eligibility criteria. “CPA welcomes the news that three AGOA beneficiary governments are…

CPA Applauds Brown, Baldwin Letter to USTR Tai Urging Support of U.S. PPE Production & to End Tariff Exclusions on Chinese PPE

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Sherrod Brown (D-OH) and Tammy Baldwin (D-WI) for leading a letter to United States Trade Representative (USTR) Katherine Tai requesting that 301 penalty duties be assessed to all imported finished state personal protective equipment (PPE) and key raw material inputs, including single-use…

CPA Urges USTR Tai Not to Expand 301 Tariff Exclusions on Chinese Imports

WASHINGTON — The Coalition for a Prosperous America (CPA) today urged U.S. Trade Representative Katherine Tai to not expand exclusions to Chinese imports subject to Section 301 tariffs. Currently, the Biden administration is reviewing 549 products currently subject to 301 tariffs imposed on Chinese imports. CPA strongly supports the current 301 tariffs on Chinese imports…

Restarting Tariff Exclusions Undermines Build Back Better, Rewards CCP Recalcitrance

By Charles Benoit, CPA Trade Counsel Regrettably, the Biden Administration announced last week that they’re open to tariff cuts to imports of Made-in-China merchandise. First up are 549 different products, mostly machinery and technology products. But more may be coming. Ambassador Tai stated in her recent speech at the Center for Strategic and International Studies…