WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. Yesterday, CPA released a…
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the U.S. Senate for unanimously passing amended legislation that would repeal permanent normal trade relations (PNTR) status for Russia and Belarus. The Senate action follows a unanimous vote in the House last month to revoke Russia’s PNTR status. The House passed the amended Senate bill…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 80.43 in February, up 0.33%from the previous month, reflecting a rise in high-wage jobs that exceeded the rise in low-wage jobs in the month. The job count grew significantly in high-quality sectors including construction, professional/business services,…
WASHINGTON — The Coalition for a Prosperous America (CPA) urged House Speaker Nancy Pelosi (D-CA) to prioritize the passage of additional legislation to impose capital markets sanctions and secondary sanctions on Russia and China. Earlier this month, CPA applauded the House for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR)…
WASHINGTON — The Coalition for a Prosperous America (CPA) today, along with nearly a dozen independent retail associations, called on Congress to address an import loophole, known as de minimis, that is used by non-market economies and counterfeiters to ship hundreds of millions of packages valued under $800 into the United States without inspection, information…
WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce initiated an anticircumvention investigation into Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia that are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells and modules from China. The decision comes after Auxin Solar,…
WASHINGTON — The Coalition for a Prosperous America (CPA) is disappointed that 301 tariff exclusions were extended on 352 products being imported from China. Last year, CPA urged the Biden administration to not renew any of the 549 exclusions that were originally granted. In February, CPA called on the Biden administration to fully implement all…
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the U.S. House of Representatives for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR) status for Russia. The House action comes despite the Biden administration urged House lawmakers to abandon their efforts to strip Russia of PNTR earlier this month.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a bipartisan letter led by U.S. Representatives Bill Pascrell, Jr. (D-NJ) and Brad Wenstrup (R-OH) to Commerce Secretary Gina Raimondo urging her to accept the anti-circumvention petition filed by Auxin Solar, Inc., a U.S. headquartered company that manufactures solely in America, requesting that the…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a proposal by U.S. Senator Ron Wyden, Chairman of the Senate Finance Committee, that would eliminate tax breaks for Russian oligarchs and bar companies from claiming foreign tax credits for levies paid to Russia and Belarus. Last month, CPA called for trade and financial…
