Monthly Trade Deficit Tops $100 Billion for First Time in History
An overvalued dollar is helping to exacerbate the country’s largest-ever trade deficit in goods. The U.S. is on pace for $1.1 trillion deficit in 2022.
Should the Renaissance in American Manufacturing be a Top-Down or Bottom-Up Approach? Perhaps the Answer is Both
By: Greg Owens, Co-Founder and CEO, Sherrill Manufacturing Inc. We have entered a new post-pandemic phase in world economic order. Deglobalization is now upon us. It started with a relatively “slow impact” move to decouple from China. This was characterized by diplomacy followed by limited and low-percentage tariffs on certain Chinese goods. Two years of…
Janet Yellen Seems to be Rethinking Globalization, Too
Janet Yellen tells The Atlantic Council that the U.S. needs more resilient supply chains. But judging by her speech, reshoring was not part of the solution.
Senate GOP Backing China in Anti-China Bill
By Charles Benoit, CPA Trade Counsel An upcoming vote in Congress will be on par with the 2001 decision to grant China Permanent Normal Trade Relations. And Senate Finance Republicans are supporting it. They need to see the light.
Roddey Dowd of Charlotte Pipe and Foundry Wins CPA Industry Leader Award
A stalwart and a titan of American manufacturing, Roddey Dowd Jr., wins the Coalition for a Prosperous America’s Industry Leader Award.
At Latest ITC Hearing, Anti-Dumping and Trade Deals Holding Manufacturing Jobs Hostage
The International Trade Commission held its seventh roundtable discussion on the impacts of foreign trade on American workers and manufacturing. CPA Chairman Zach Mottl was one of the speakers.
The GATT at 75: Look on My Works, Ye Mighty, and Despair
Seventy-five years after the General Agreement on Tariffs and Trade that led to the WTO, how has it turned out for the U.S.?
These are China’s Two Lifelines to Russia So Far
Here’s all we know about how China is really helping Russia. And what will have to happen for Washington to impose sanctions.
Why We Don’t Need a UK Free Trade Deal
The U.S. already has near-zero tariffs with the U.K. What do we need a free trade deal for? A CPA study shows its impact on the U.S. economy.
Post-WWII Interdependence Has Led to Too Much Dependence
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.