Auto industry specialist Sandy Munro says China will come to dominate the EV market in the U.S. Here’s how it happens not just here at home, but throughout the entire Americas. If Section 301 tariffs go, it happens even faster.
WASHINGTON — The Coalition for a Prosperous America (CPA) praised certain provisions of the National Defense Authorization Act (NDAA), which was passed by both houses of Congress and is expected to be signed into law by President Biden shortly. Those provisions included measures that will increase procurement of domestically manufactured goods and address the growing…
At this week’s Trade Subcommittee hearing at House Ways & Means, talk of changing de minimis rules for goods bought on line; forced labor; and a few diehards bring up TPP.
U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts By Amanda Mayoral, CPA Economist Summary Points: The US held high tariff rates from 1816 until the middle of the 20th century The US then cut tariffs more than most countries, often unilaterally, without also requiring tariff reductions by others Today, the US has…
CPA National Security Advisory Robby Stephany Smith submitted written testimony to the House Committee on Financial Services, Subcommittee on National Security, International Development and Monetary Policy regarding their hearing that explored the capital available to rogue regimes and international malign actors via their exploitation of the globe’s vast natural resources, including minerals, timber, and other…
The Senate Finance Committee’s confirmation hearing for two trade specialists appointed by Biden shows an obvious rift with the Executive Branch over recent China trade decisions.
The U.S. China Business Council sent a letter to Treasury and the US Trade Representative to reduce tariffs ahead of Biden-Xi chat.
WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce sided with Chinese solar manufacturers after rejecting a request from U.S. domestic solar manufacturers to investigate illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed…
CPA sent the following letter to U.S. Treasury Secretary Janet Yellen regarding her remarks that “lowering some tariffs in a reciprocal way” on China is “a desirable outcome” that could help ease inflation. In the letter, CPA outlines that there is no evidence suggesting that our 301 tariffs on merchandise from China are driving inflation.…
The trade deficit grew so much in September thanks to Asia imports that the U.S. will import the equivalent of the entire Mexican economy in 2021. A strong dollar is adding to the trade imbalances with Europe, Mexico, China and southeast Asia.