By Michael Stumo, CEO of CPA The Coalition for a Prosperous America (CPA) strongly supports the Trump administration’s shift from naive “free trade” to the realpolitik “strategic trade” practiced by most industrial nations. Strategic trade will lead to industrial recovery, better jobs and prosperity in the US. Challenges will arise as we transition from trade…
By Jeff Ferry, CPA Research Director CPA Economic Model Refutes Alarmist Trade Partnership Study A Coalition for a Prosperous America (CPA) modeling study of the impact of the Section 232 tariffs on the U.S. economy shows minimal national macroeconomic impact of the tariffs. The study shows that U.S. GDP would fall by 8/1000s of 1…
By Jeff Ferry, CPA Research Director SolarWorld Americas is ramping production of solar cells at its Hillsboro, Oregon facility. CEO Juergen Stein tells us that the company is aiming to add another 300 employees before year’s end, which would bring its total US workforce to 600 people. “We are already hiring,” Stein said. “We are…
By Jeff Ferry, CPA Research Director The Trump administration’s rumored Section 301 investigation of Chinese trade practices opens up a new front in the ongoing “trade wars” with China, this time over intellectual property. A key event driving concern over Chinese use or abuse of foreign intellectual property was China’s publication of an ambitious industrial…
By Jeff Ferry, CPA Research Director President Trump’s “Buy American week” was largely a feel-good event, but behind the scenes there is growing nationwide support in the political and business worlds for more US spending to go on American-made goods and services. Buy American is important because the federal government, state and local governments, and…
By Jeff Ferry, CPA Research Director A U.S. bankruptcy court has decided to sell a California mine, the sole U.S. source of rare earth minerals, to a consortium including Chinese mining company Shenghe Rare Earth Shareholding Co. If the transaction goes ahead, this would turn over the unique domestic producer of these vital minerals, used…
Washington ~ The Coalition for a Prosperous America (CPA) urged the International Trade Administration (ITA) to find that China is not a market economy for purposes of applying US trade laws in countervailing duty and antidumping investigations. The ITA initiated the inquiry as part of an investigation relating to aluminum foil imports from China. The…
Washington~ The Trump administration announced Monday evening that it will impose countervailing duties up to 24% on imported lumber subsidized by the Canadian government. The Commerce Department announced its Preliminary Determination of Countervailable Subsidies on April 24, 2017 after a long running investigation. CPA strongly supports the Trump Administration’s move to eliminate the unearned advantage given…
By Jeff Ferry, CPA Research Director The Trump Administration is getting tough with foreign nations that don’t play by the rules of free and fair trade. That’s the message we’re getting from Administration sources. And it contradicts recent press reports claiming the Trump team is backing away from campaign promises to get tough on America’s…
