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]
Editors Note: Michael Stumo is CEO of the Coalition for a Prosperous America, a national organization based in Washington, D.C. Follow him at @michael_stumo. He wrote this commentary exclusively for the News Tribune. The coronavirus pandemic has revealed that globalized supply chains cause more risk than Wall Street has led us to believe. As a recent Senate…
CPA member Rosemary Gibson testified March 12, 2020 before the Senate Committee on Small Business and Entrepreneurship, 90 percent of America’s generic drug needs are currently imported, particularly from China. This includes many well-known antibiotics and other medications used to treat coronavirus infections. However, the coronavirus outbreak has severely disrupted China’s production of drug exports for…
Excerpt: The good news is that the United States doesn’t need to depend on China for its renewable energy supply chains. Instead, America should start matching China’s industrial strategy. And that means tapping our domestic mineral resources. It’s time to mine rare earth metals at home [Michael Stumo | March 8, 2020 | Dallas Morning News]…
CPA’s year in review | 2019
Editors note: Zach Mottl is a member of the CPA board. Over the past two decades, Illinois has lost roughly 280,000 manufacturing jobs. And as those good-paying jobs have departed, so too have many longtime residents. Illinois has now lost population for five consecutive years, with 45,000 residents leaving in the last year alone. [Zach…
Listen to the full interview here:
The process of meat labeling in the United States might be in need of a serious government intervention, according to former rancher Bill Bullard. [Tess Bonn| March 14, 2019 | The Hill] https://thehill.com/hilltv/rising/434046-former-rancher-calls-for-government-intervention-on-meat-labeling Bullard said, thanks to the North American Free Trade Agreement (NAFTA), multinational meat packers, which control 85 percent of the market, are able to import cheaper beef…
Editor’s note: CPA member Greg Owens says the overvalued dollar hurts his Made in USA tableware business and makes the trade deficit worse. [March 6, 2019 |NBC News https://www.nbcnews.com/nightly-news/video/trade-deficit-hits-record-high-amid-trump-s-tariff-tit-for-tat-with-china-1453354563564
