Cleveland Cliffs CEO Tells House Steel Caucus Globalization Has Failed
The Congressional Steel Caucus hears from steel industry executives on whether or not to keep tariffs in place. The answer was a resounding yes.
Senator Grassley Chooses Foreign Kingdom’s Subsidized Fertilizer Over Florida and Illinois Producers, Abandons Claimed Principles
By Charles Benoit, CPA Trade Counsel Last month, President Biden stunned the trade community around the world when he announced a two-year legal immunity from our anti-dumping and countervailing duty (AD/CVD) laws for solar panels imported from Cambodia, Malaysia, Thailand or Vietnam (including Chinese ones that illegally circumvent duties through those countries). International cartels and…
U.S. Trade Deficit Declines with Help from Commodity Exports, But Remains High
A strong dollar is likely to keep imports flowing for the time being, especially from the EU.
CPA to Biden: Gutting Tariffs won’t Lower Inflation. It’s Just a Gift to China.
“A move by President Joe Biden to remove tariffs on Chinese consumer goods will do little to dent inflation, economists say, and risks further hamstringing Democratic candidates in political battlegrounds.” — Bloomberg (July 5, 2022) WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement urging President Biden to not implement…
CPA Statement on Implementation of Uyghur Forced Labor Prevention Act
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement in response to the Forced Labor Enforcement Task Force’s (FLETF) release of its Report to Congress titled, “Strategy for the Uyghur Forced Labor Prevention Act.” The Report acknowledges that the “PRC government engages in genocide and crimes against humanity” more than once,…
Katherine Tai Defends Section 301 China Tariffs in Senate Hearing
In one of her best hearings yet, USTR Katherine Tai holds fast on why the U.S. needs the Section 301 tariffs on China.
CPA Applauds Leader McCarthy and House Republicans’ Letters Supporting Commerce Investigation into Illegal Chinese Circumvention
Republicans Criticize President Biden’s Move to Sabotage Trade Investigation into Chinese Solar Manufacturers WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded House Minority Leader Kevin McCarthy (R-CA-23) and House Republican Leadership on their two letters to President Biden calling out the President’s unprecedented action to interfere and sabotage the independent U.S. Department…
Despite Soaring Profits, Corporations are Asking the Government for China Tariff Cuts, Consumer Benefit Doubtful
By Amanda Mayoral Summary Corporate profits grew by double and sometimes triple digits during the COVID-19 pandemic. Worker wages did not. Record corporate profits did not stop these importers’ lobbyists from pursuing even higher profits by petitioning for 301 China tariffs exemptions. Removing tariffs on Chinese imports will only further enrich transnational enterprises…
U.S. Challenges in EV Battery Production
By Amanda Mayoral The U.S. is lagging behind China and the European Union in production of lithium-ion batteries for electric vehicles. Forecasts show the U.S. will fall further behind China by 2025 and remain dependent on imports for more than half of its EV battery needs. This CPA Policy Paper by CPA Economist Amanda…
DOE Confirms: Biden’s DPA Plan for American Solar is Fake
NBC News Confirms: Biden Sabotaged Commerce Investigation, “nobody will be punished.” WASHINGTON — The Coalition for a Prosperous America (CPA) today issued a statement after the Department of Energy (DOE) confirmed to multiple U.S. domestic solar manufacturers that President Biden’s authorization to use the Defense Production Act (DPA) to accelerate domestic production of solar panels…