Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct threats to the U.S. and our allies, systemic human rights abuses and genocide, and consistent actions to undermine democracies around the world and the rules-based international order. The U.S. government’s…
De minimis China imports increases the 2022 U.S. goods trade deficit by 16% to $1.38 trillion, representing some 8.3 million lost U.S. jobs.
House Committee hears from witnesses who call for better trade enforcement, and keeping tariffs. Meanwhile, de minimis trade rule in the crosshairs again.
Monthly trade figures show a slowing economy. Deep dives show goods gap likely to shrink. And in advanced tech, only aerospace has a trade surplus.
Key Points The trade deficit with China has cost the U.S. 3.82 million jobs since 2001. Three-quarters of the job loss is concentrated in manufacturing, a total of 2.89 million manufacturing jobs lost. Job loss has been most concentrated in tradeable sectors. This has led to a decline of high paying jobs. The state-by-state analysis…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Democrat and Republican Senators for passing the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) to repeal the Biden administration’s Solar Emergency Declaration. This harmful rule, in effect until June 2024, protects Chinese solar manufacturers even though the U.S.…
But rebuttal to Sullivan’s Brookings Institution speech shows a group of DC influencers are less inclined to support local manufacturing out of concerns about allied relations, more.
Bill Now Heads to Senate for Consideration Next Week WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Democrats and Republicans in the House of Representatives for passing the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) to repeal the Biden administration’s Solar Emergency Declaration. This harmful rule,…
Human Rights Groups and Domestic Manufacturers Support the Bipartisan Effort WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that it will key vote in support of the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) to repeal the Biden administration’s Solar Emergency Declaration. This harmful rule, in…
The trade deficit is financing China’s rise, some members of the House Ways & Means Subcommittee on Trade say. What’s at stake? Is it fixable?
