Vietnam is Not a Market Economy. Commerce Gets it Right, and Here’s Why.
The last thing the United States needs is for Vietnam, now our third largest trade deficit nation, to be granted market economy status.
Trade Deficit Falls 2.5% In June, But Summer Started With Third Highest Monthly Deficit This Year
The U.S. goods and services deficit fell 2.5% in June to $73.1 billion, but that was still the third highest monthly deficit number this year, according to the Bureau of Economic Analysis on Tuesday.
De Minimis Catastrophe Escalates: DOJ Indictments Laughed-Off, Amazon Moving to China, CBP Sued
The de minimis problem is getting worse. Consider this article a “Summer 2024” update of how the de minimis catastrophe continues to escalate.
Buttigieg is the Latest Top Biden Official to Advocate for China Tariffs
Transportation Secretary Pete Buttigieg has joined a chorus of Biden administration officials who all agree tariffs are needed to counter China’s mercantilism and export strategy.
Sen. Rubio Asks State Department to Consider China Trade Policy Rather Than Just Defense, But Gets Little In Return
During a Senate Foreign Relations Committee hearing on Tuesday, Sen. Marco Rubio (R-FL) asked the No. 2 at the State Department to consider trade policy when thinking about China.
CPA Applauds Introduction of Bipartisan International Trade Crimes Legislation
This bipartisan legislation aims to combat international trade crimes by directing the Department of Justice (DOJ) to establish a new structure dedicated to prosecuting international trade crimes.
PVC Pipe Import Surge Threatening Domestic Industry and Essential Infrastructure
PVC pipe is critical for U.S. infrastructure, especially as electrical conduit in energy, data centers, and other high-tech sectors. U.S. PVC pipe imports are surging with 2024 import levels over twice as high as 2023 levels.
CPA Economic Model Shows 10% Universal Tariff Would Raise Incomes, Pay for Large Tax Cuts for Lower and Middle Class
New economic analysis showing that a global 10% tariff on all U.S. imports would generate U.S. economic growth, increase real wages, increase employment, and raise additional revenue to lower taxes for lower- and middle-class Americans.
Global 10% Tariffs on U.S. Imports Would Raise Incomes and Pay for Large Income Tax Cuts for Lower/Middle Class
A 10% “universal” tariff on all U.S. imports, combined with a schedule of income tax cuts would generate economic growth of $728 billion and 2.8 million additional jobs, according to the CPA economic model of the U.S. economy.
CPA Economic Model Documented in Academic Journal
Empirical Economics Letters has published an article documenting the economic model developed by CPA’s Economics Team for analyzing the impact of trade policy on the U.S. and other economies.
