On day two of the CPA Annual Conference, three members of Congress tout origin labeling on everything from food to leather boots. More importantly, a call to fix Buy American Act rules once and for all.
Healthcare panelist and Phlow CEO Eric Edwards on what needs to be done to make more pharmaceutical drugs here. Most of them are coming in from Europe, India and…increasingly…China.
WASHINGTON — The Coalition for a Prosperous America (CPA) today highlighted how the January 2021 goods and services deficit reveals a serious, ongoing vulnerability in US industrial capacity. The data shows the US trade deficit rose in January to $68.2 billion. Alarmingly, imports increased by $3.4 billion to a total of $221.1 billion for January…
By Steven L. Byers, PhD, and Jeff Ferry The CPA Reshoring Index (CRI) rose to +173 in the first quarter of 2020, indicating that US manufacturers gained 1.73 percentage points of market share in the US market for manufactured goods. Import penetration in US manufacturing in the first quarter fell to 28.9%, its lowest level…
According to a new CPA analysis, a Congressional five-year $1.5 trillion infrastructure investment plan could create 2.5 million jobs by 2025 while bringing sorely needed improvement to the nation’s deteriorating infrastructure. However, the analysis finds that a quarter of the spending would go on imported materials and supplies. The same infrastructure plan implemented under a…
CPA Trade Counsel argues that if not for tariffs, Volvo wouldn’t be making cars in Charleston. We’d have Buick Envision-type deals of Detroit automakers making in China instead.