CPA Statement on SCOTUS IEEPA Tariff Ruling
Today’s SCOTUS ruling should encourage the administration to refocus and expand its Section 232 efforts.
Today’s SCOTUS ruling should encourage the administration to refocus and expand its Section 232 efforts.
CPA strongly supports Senator Cassidy and Whitehouse’s Last Sale Valuation Act because it closes a long-standing loophole that has allowed multinational importers to artificially understate the value of goods entering the United States.
The Tax Foundation’s calculation simply assumes the approximate $132 billion in new 2025 tariff revenue is paid directly by households, dividing that figure across 134.8 million households to produce an average estimate of a $1,000 annual burden per household.
This Interim Agreement framework reflects a long overdue acknowledgment that essential medicine supply chains cannot be left to foreign dominance, particularly by India or an adversary like China.
As highlighted in the Oval Office at the White House this week, Clarios played a part in the launch of ‘Project Vault,’ a major initiative to strengthen U.S. critical minerals security and safeguard American battery supply chains from global disruptions.
CPA this week applauded the acquisition of Nivagen Pharmaceuticals by member company, PAI Pharma (PAI), of Greenville, SC and Sacramento, CA.
AGOA, first enacted in 2000, provides qualifying sub-Saharan African nations with tariff-free access to the U.S. market for thousands of products and was intended to support economic development, democratic reform, and stronger geopolitical ties to the United States.
CPA welcomed final passage this week of the ‘National Defense Authorization Act (NDAA) for FY2026,’ (S.1071), which has been sent to President Trump’s desk for signature. The legislation advances critical national security priorities, strengthens U.S. defense readiness, raises troop pay by 3.8%, and reinforces the importance of resilient domestic supply chains and robust U.S. manufacturing capacity.
A proposed 807-mile natural gas pipeline intended to bring gas from Alaska’s North Slope to a new export terminal in the Kenai Peninsula in Southcentral Alaska will be fabricated in Korea despite the Administration’s headline “fifty percent” steel tariff.
To trade away aluminum and steel workers’ home market in exchange for padding Big Tech’s bottom line overseas is immoral and wrong. The Section 232 actions on aluminum and steel should be singularly focused on rebuilding domestic output across the supply chains, not used as leverage to help Google and Meta become even more profitable.