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.
Why Supply Chain Problems in Asia, Europe, Are Beneficial to the U.S.
Inflation remains due to supply chain problems. From China’s Zero Covid to European energy costs, the price of outsourcing manufacturing is getting high. Why reshoring is an inflation curb.
Here’s How Pharmaceutical Drugs Are Recalled. And Why Some Might Still Remain on the Shelves.
Most people think that when a drug is recalled by the lab, it is pulled from pharmacy shelves. It’s not. Here’s how drug recalls really work.
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.
Why Voluntarily Leaving China (or Being Forced to) Does Not Undermine Fiduciary Duty
Investment managers say they have a fiduciary responsibility to be in China. Here’s why they need to seriously rethink this.
U.S. Dependent on Foreign Sources for Nearly Every Critical Mineral
The U.S. is largely dependent on foreign sources for the critical minerals that will power a clean energy transition. The Inflation Act helps. But it’s going to take a while to be even moderately self-sufficient.
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
Why Congress Needs an Annual Review of U.S. Sanctions Policy
At a recent House Human Rights Commission hearing, the need for more oversight on sanctions to make sure they’re working. And how they could work better.
The Services Trade Surplus: Does it Matter?
Some argue that if the U.S. let the services industry grow through exports, it would lower our trillion-dollar trade gap with the world. CPA economist Jeff Ferry explains why that will never happen, and why it is better to increase manufacturing at home to lower the deficit.
August Trade Deficit Drops 4%, But China Trade Deficit Breaks 2018 Record
August trade figures reveal two things: a slowing economy, and a rising trade deficit with China as a strong dollar makes imports more attractive.
