“The Biden administration’s refusal to enforce the 2019 steel agreement agreed to, and then breached by, Mexico has led directly to this devastating plant closure,” said CPA CEO Michael Stumo.
By leaving out bills that would prevent Chinese companies from accessing Inflation Reduction Act tax credits, restrict U.S. capital from flowing into China, and close the de minimis loophole, the House is missing a critical opportunity for meaningful action.
The U.S. Private Sector Job Quality Index (JQI) was 83.10 in August compared with 82.99 in July, the fourth straight month of growth after bottoming out in March of this year.
This bipartisan legislation aims to combat international trade crimes by directing the Department of Justice (DOJ) to establish a new trade crime unit within the Criminal Division dedicated to prosecuting international trade crimes.
Congressman Pascrell’s leadership, particularly as a senior member of the Ways and Means Committee, has left a lasting legacy that will continue to shape trade policy for years to come.
MP Materials, the only active rare earths mining company in the U.S., is making great progress. And yet at the same time, the company just reported a financial loss. The contradiction illustrates the challenges involved for the U.S. in rebuilding a rare earths industrial capability.
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
There is a strong and growing bipartisan consensus that the de minimis loophole has created rampant lawlessness and is facilitating the import of high-risk, illegal, and dangerous products—including deadly fentanyl poison that is killing tens of thousands of Americans each year.
In January, CPA called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government.
the U.S. Private Sector Job Quality Index (JQI) was 82.99, up by +0.41% from the preceding month. Despite this slight increase in the JQI, the overall July 2024 Jobs Report from the government’s Bureau of Labor Statistics showed weak job growth.
