Record U.S. Goods Trade Deficit in 2022 As Electronics, Vietnam Imports Rise
Key Points The U.S. goods trade deficit ballooned to $1.19 trillion in 2022, an increase of 9% from the previous year. This is a U.S.
China Trade Surplus Hits New Record
China ran a record-high trade surplus in 2022 of $878 billion, equivalent to about 4.8% of its GDP.
In Senate Finance ‘Leveling the Playing Field’ Hearing on Trade, De Minimis Takes Center Stage
The Senate Committee on Finance discusses trade, as witnesses led by FedEx throw support behind the de minimis duty-free imports rule.
CPA Applauds Bipartisan Letter Urging Biden Administration to Take Action Against Mexican Steel Surge
Dramatic Increase Violates 2019 U.S.-Mexico Agreement WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senator Tom Cotton (R-AR) for leading a bipartisan
The Pleasure Island of Shein
Shein’s Fast Fashion business reminds me of the barker in Pinocchio, (to paraphrase) “Get your tank tops, dress, sweaters, and t-shirts! Buy all you can!
CPA Trade Counsel Promotes Tariffs With Capitol Hill Staff
On January 31, CPA trade counsel Charles Benoit gives a masters class on the history of trade tariffs, and how they were used to build the U.S. economy.
Americas Act Addresses Key Failure of Past Trade Deals
U.S. Senator Bill Cassidy (R-LA) has released a discussion draft of a sweeping, ambitious bill titled the “Americas Act”. The bill states its aim to
CPA Submits Comments to USTR in Support of Section 301 China Tariffs
WASHINGTON — The Coalition for a Prosperous America (CPA) submitted comments to Ambassador Katherine Tai in support of continuing the Section 301 China Tariffs. The
Duty-Free Steel Imports from Mexico Surge Beyond Agreed Upon Levels
U.S. steel imports from Mexico have surged despite a 2019 U.S.-Mexico agreement to maintain steel imports at past levels.
CPA Slams Ruling by USMCA Panel on Auto Content
USMCA Tribunal’s Final Ruling Will Benefit China Manufacturing WASHINGTON — The Coalition for a Prosperous America (CPA) today urged the Biden administration to reject, and
