In response to years of China’s predatory economic behavior, President Donald Trump’s administration recently imposed tariffs on $50 billion worth of high-tech Chinese goods. Beijing has now retaliated against America’s agricultural sector, prompting a $12 billion program from the U.S. Department of Agriculture for affected farmers and ranchers. Some in Washington are criticizing the USDA…
by Michael Stumo, CEO of CPA I was asked, after the US Trade Representative announced tariffs on another $200 billion of Chinese goods, whether I would admit that we are now in a trade war. Members of the CPA board asked me to share my response more widely. Here it is. —- Dear Bob: China…
By Jeff Ferry, CPA Research Director Sometimes the victories come so thick and fast, you have to sit down, take a deep breath, and count them. And sometimes your victories come wrapped in so many layers of pious self-justifying twaddle that you don’t even recognize them. In the past few weeks, those of us who…
FOR IMMEDIATE RELEASE January 25, 2016 Contact: Paola Masman, Media Director 202-688-5145, [email protected] by Michael Stumo, CEO of the Coalition for a Prosperous America The Peterson Institute for International Economics (PIIE) released a report today that trumpets embarrassingly small gains from the Trans-Pacific Partnership trade agreement. The PIIE and media headline writers wrongly focus upon one number – $141B…
The Obama administration is pursuing two major trade agreements—the Transatlantic Trade and Investment Partnership (TTIP) with the European Union and the Trans-Pacific Partnership (TPP) with eleven countries in the Pacific Rim. Provisions in these agreements could undermine national sovereignty and a slew of regulations, including laws protecting competitive markets. These threats stem in large part…
