Currency Misalignment Monitor, July 2024
The quarterly CPA Monitor tracks currency misalignment based on latest monthly exchange rates. Dollar overvaluation worsened to 16.9%, as hope of U.S. interest rate cuts
CPA Calls for Immediate Ban on Imports of Russian and Iranian Origin Steel Products
CPA sent a letter to the Treasury Department on Thursday asking Secretary Janet Yellen to take immediate action to prevent Russian and Iranian steel products from entering the U.S.
CPA’s Jeff Ferry: An Economist’s Wish List On The Trump/Biden Debate
When asked about China, both Trump and Biden should say that China’s trade surplus is an insult to the world and a huge disruptor to our economy.
CPA Supports Sen. Rick Scott’s Trio of China Stocks Legislation
The CCP’s weaponization of U.S. capital markets and American retail investors to fund its malign activities is only possible because of Wall Street firms’ fiduciary malfeasance and complicity.
CPA Chairman: Get China Out of America’s Military Supply Chain
Chinese companies supply many inputs for America’s military, putting the U.S. in a disturbingly vulnerable position. This threatens the survival of the small domestic manufacturers that play a critical role in America’s defense industrial base.
CPA Chief Economist Jeff Ferry Talks Tariffs, Taxes & The Dollar In Industry Week Webinar
CPA’s chief economist Jeff Ferry joined two other panelists Wednesday to talk trade in an hour-long webinar by Industry Week magazine titled the “2024 Manufacturing Economy First Half Checkup.”
Ohio’s Solar Manufacturers Deserve a Level Playing Field
China is flooding the global market with solar panels. It’s part of an aggressive strategy by Beijing to dominate the world’s solar industry.
John Deere: Shrinking In Iowa, But Set To Grow In Mexico
John Deere will lay off or offer early retirement to over 200 workers in Iowa, while at the same time the tractor producer is gearing up to move production of mid-frame skid steer loaders and compact loaders from its plant in Dubuque, Iowa to a proposed new facility in Mexico.
Your Summer Barbecue Is Less American Than You Think. Senator Mike Rounds Wants To Do Something About It.
The steaks and hamburgers you put onto your grill this summer are less American than one might think. In fact, the U.S. imports almost as much beef as it exports as global meatpackers continue to turn to imported beef, based on USDA data year-to-date.
North Carolina is Helping China Enter the US Solar Panel Market. That’s a Mistake.
The U.S. solar manufacturing industry can play an important role in the 21st century economy. But that requires a smart, coherent trade and industrial strategy to counter China.
