Trade Deficit Declines by 12% in July as Economic Slowdown Begins
The July trade deficit fell to its lower level of the year, a sign of a slowing economy. However, if trends continue, the goods deficit will break another record in 2022.
CPA Applauds USTR for Beginning Process to Renew All Section 301 China Tariffs
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Office of the United States Trade Representative (USTR) for formally initiating the process
CPA Chief Takes Slings & Arrows on Trade Policy, Inflation
At the Washington International Trade Association, agreement that removing tariffs will have almost no impact on inflation. Disagreement over whether we should have them anyway.
CPA: UN Confirms Beijing’s Systematic Slave Labor, Torture, Forced Sterilization and other Human Rights Abuses of Uyghurs
Congress, Biden Administration Should Revoke PNTR for China WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement calling on Congress and
CPA Applauds Major Domestic Solar Manufacturing Expansion Announcements
Urges Biden Administration to Robustly Enforce U.S. Trade Policy WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by First Solar,
Import Dependence and Inflation – A Global Comparison
Greater import dependence makes countries more vulnerable to price shocks.
Inflation Reduction Act Knifes The Multilateral Trading System. Here’s what USTR Needs To Do.
The multilateral trading system, birthed on October 30, 1947, was unceremoniously knifed and left for dead by President Biden’s signing of the Inflation Reduction Act.
NEW: CPA’s Trade Model Shows Broad Tariff Increases would Create 10 Million Jobs
CPA’s Model Tariff Schedule Shows Industrial Policy can Boost U.S. Economy, Domestic Manufacturing, and Wages WASHINGTON — The Coalition for a Prosperous America (CPA) today
China Commission Hears Testimony from Reshoring Advocate
A China Beige Book executive makes the case for reshoring in testimony to the U.S. China Economic and Security Review Commission. Meanwhile, U.S. manufacturers continue to lose local market share to imports.
June Trade Deficit Drops 6.2%, But 2022 Still Set for Highest Deficit Ever
Manufactured goods helped increase exports for June and lowered the trade deficit for the month. But on balance, the U.S. is careening towards another record-breaking year for the goods trade deficit.
