Senate Finance Committee Chairs Want Bigger Trade Deals to Counter China
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
Commerce Department Finds Chinese Solar Companies are Illegally Circumventing Tariffs
Biden Administration Should Rescind its Solar Emergency Declaration WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Department of Commerce issued a preliminary determination that determined that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells…
CPA Urges Biden Administration to Resume 25% Tariffs on Mexican Steel Conduits
Mexican import surge is a clear violation of 2019 agreement WASHINGTON — The Coalition for a Prosperous America (CPA) today urged the Biden administration to resume the 25 percent tariff for steel conduit from Mexico in response to the surge of steel conduit imports. This surge is a violation of Mexico’s commitments in the May…
Biden Administration Must Address Illegal Quartz Dumping by Indian Manufacturers
WASHINGTON — The Coalition for a Prosperous America (CPA) urged the Biden administration to enforce America’s anti-dumping and countervailing duties (AD/CVD) laws against predatory import practices in the quartz countertop industry. The U.S. market for quartz countertops is the largest in the world. However, unfair trade practices, especially from Asia, are rampant in this sector…
Senator J.D. Vance for Senate Finance Committee
Senator J.D. Vance of Ohio needs to be on the Senate Finance Committee for the good of the country. Even if Senator McConnell, the top Republican in the Senate, isn’t convinced about the good of the country part, he should see that not assigning Vance to Finance will surely doom Republicans to minority status in…
CPA Debates: What’s So Great About Free Trade?
CPA chief economist Jeff Ferry took on a Pepperdine University free trader in a firey debate this week.
September Trade Deficit Rises 11.6% As U.S. Heads For Record $1.1+ Trillion Goods Deficit
After a sharp six month decline, the trade deficit is back up and on track to break another record even as China imports stall.
CPA Urges Customs to Publicly Correct False Statistics on De Minimis Shipments
WASHINGTON — The Coalition for a Prosperous America (CPA) today urged U.S. Customs and Border Protection (CBP) to issue a public correction after CBP’s Office of Trade released false government statistics last week on de minimis shipments. CBP stated that the total value of de minimis shipments fell from $67,039,140,875 in Fiscal Year (FY) 2020…
CBP Released False Government Statistics
Last week, U.S. Customs and Border Protection’s (CBP) Office of Trade released false government statistics. CBP’s Office of Trade stated that the total value of de minimis shipments fell from $67,039,140,875 in CBP’s FY 2020, down to $39,876,651,152 in FY 2021. These numbers are not accurate, and in fact are certainly a gross, material undervaluation,…
U.S. Domestic Market Share Index Hits All-Time Low
WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers…