By CPA Staff The Senate takes a stab at reforming the World Trade Organization. But is it even fixable anymore? Yesterday’s Senate Finance Committee hearing on reforming the World Trade Organization showed that leaving the beleaguered institution is not top of mind with them. Everyone seems keen on fixing what’s fixable, with significant doubts among…
By Kenneth Rapoza, CPA Industry Analyst It makes no sense to allow China airport passenger bridge maker CIMC Tianda to benefit from Federal grants. They get them already from Beijing. Congress took an important step in halting the flow of taxpayer money to Chinese jet bridge manufacturers recently. They figured out that it’s unwise to…
by Kenneth Rapoza, CPA Industry Analyst A recent Ways & Means Committee meeting shows Congress is not on the same page with the post-pandemic reshoring of critical supply chains. Relying on allies is too kumbaya for us. The US Congress can only influence, and truly depend, on one supply chain—our own. One of the biggest…
Editor’s Note: An article from Palladium magazine by Marc Fasteau and Ian Fletcher, read by the latter on the following podcasts. America’s resurgent interest in industrial policy will go nowhere without rigorous economic foundations. Anchor Pocket Casts Radio Public Spotify
Editor’s Note: George Boyd Jr. is the vice president of Goldens’ Foundry and Machine Company and a CPA member. They’re sold out everywhere. How complicated could it be to just make some more? Turns out, very. [ Alex Shultz | April 7, 2020 | GQ] It didn’t happen exactly this way, but it feels like it did:…
Editors note: Michele Nash-Hoff explains why we need an industrial strategy focusing on getting manufacturing back. So the 40 million unemployed have a chance it getting better jobs than the ones they left. Continuing my series on why manufacturing is important to America, the second reason is that wages and benefits for manufacturing jobs are approximately…
Editors note: Rosemary Gibson is a CPA member. We are very proud that she is making a difference in bringing drug production back to America. Drugs can be manufactured in America more quickly, efficiently, and with better quality control than in China, said Rosemary Gibson, senior adviser at the Hastings Center and author of China Rx:…
Editor’s Note: Fox News features CPA Member, Xenex Disinfection Services CEO Morris Miller on using UV light to destroy coronavirus. Their UV LightStrike robot is a key component to reopening the economy. [April 29, 2020 | Fox News]
Editor’s note: Frank Dowd IV, the Chairman of CPA member Charlotte Pipe & Foundry, makes a compelling case for decoupling from China. The coronavirus has upended our world. In addition to the suffering and death, the U.S. will be left with millions of unemployed, billions in health-care costs and trillions in lost economic activity and…
Editor’s Note: CPA’s study on reshoring pharma could add 800,000 jobs and $200B could be added to economy was mentioned on the Lou Dobbs show on Fox Business [March 26, 2020 | Fox Business]