Congress, Biden Administration Should Revoke PNTR for China WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement calling on Congress and the Biden administration to impose trade and capital markets sanctions on China following a report from the Office of the United Nations High Commissioner for Human Rights (OHCHR) accusing China…
WASHINGTON — The Coalition for a Prosperous America (CPA) today expressed concern after the Public Company Accounting Oversight Board (PCAOB) announced an agreement with China regarding audits of Chinese firms listed on U.S. exchanges. PCAOB has refused to make the framework agreement public, but asserts that it allows U.S. inspectors to travel to Hong Kong…
Urges Biden Administration to Robustly Enforce U.S. Trade Policy WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by First Solar, the largest American solar manufacturer, that it plans to invest up to $1.2 billion in scaling production of American-made, responsibly-produced photovoltaic (PV) solar modules. As first reported by The Wall…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement applauding two provisions in the Inflation Reduction Act (IRA), which was signed into law by President Joe Biden today. Specifically, CPA is supportive of the provision that reduces our reliance on China by providing tax credits for the domestic solar manufacturing supply…
CPA’s Model Tariff Schedule Shows Industrial Policy can Boost U.S. Economy, Domestic Manufacturing, and Wages WASHINGTON — The Coalition for a Prosperous America (CPA) today released the results of a new economic model, the CPA Model Tariff Project, that shows substantial benefits in growth and jobs from a broad-based implementation of additional tariffs on all…
ICYMI: SEIA’s Chinese Members’ Shipments Detained by CBP WASHINGTON — The Coalition for a Prosperous America (CPA) requested that U.S. Customs and Border Protection (CBP) add additional Chinese companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, subjecting them to the presumption that their goods are made with forced labor. Earlier this week,…
CPA sent the following letter to U.S. Customs and Border Protection and the U.S. Department of Homeland Security requesting that several additional Chinese companies engaged in forced labor be added to the U.S. Customs and Border Protection’s (CBP’s) Uyghur Forced Labor Prevention Act (UFLPA) Entity List, subjecting them to the presumption that their products are…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged down by 0.03% to 81.27 in June, as low-quality job growth slightly exceeded high-quality. Low-quality jobs increased in the healthcare, accommodation, and food service industries. High-quality jobs increased in professional and business services. The average weekly wage…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement in support of the 15% Corporate Alternative Minimum Tax (CAMT) included in the Inflation Reduction Act. The CAMT would impact multinational corporate groups that have $1 billion in yearly profits over an average of three years and do not pay at least…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 64.9 in Q1 2022, down from 66.4 in the previous quarter, indicating that importers increased…
