CPA sent the following letter to President Biden asking that he take into consideration three suggestions to ensure the strongest Buy American provisions possible. Dear President Biden: The Coalition for a Prosperous America (CPA) would like to reiterate our thanks following our press release last week supporting your Buy American Executive Order (EO).[1] Your emphasis…
WASHINGTON—A broad coalition of industry organizations and labor unions, representing a broad spectrum of manufacturers and workers who stepped up to make essential PPE and other products throughout the COVID-19 pandemic, sent a letter today to President Biden and congressional leaders outlining recommendations on specific policy initiatives that must be adopted to re-establish a permanent…
By Kenneth Rapoza, CPA Industry Analyst Score one for the local pharmaceutical industry. FDA’s essential medicine and critical inputs list gives domestic producers a a sense of exactly what government procurement contracts will place under Buy America provisions. The Food & Drug Administration released a massive list of essential medicines and critical inputs on Friday…
CPA sent the following letter to Trade Ambassador Robert Lighthizer supporting efforts to reform the WTO because it has not helped farm and ranch income. WTO rules also wrongly prevent the US from creating an effective agro-industrial strategy for rural America. Dear Ambassador Lighthizer, We appreciate the efforts put forth by you and President Trump…
RE: Five Suggested Reforms for the Generalized System of Preferences (GSP) Dear Chairman Grassley and Chairman Neal, As you consider renewing tariff preference programs such as the Generalized System of Preferences (GSP), we urge you to consider whether and how such programs can be updated to serve the national interest. We are particularly concerned about…
Trump administration closes tariff loophole on imports of bifacial solar panels Washington. The Coalition for a Prosperous America (CPA) has strongly praised a new proclamation by President Trump intended to accelerate the growth of America’s solar manufacturing industry. The president’s proclamation will close a loophole for tariffs on imported solar panels and also slow step-down in…
The Coalition for a Prosperous America (CPA) charged that a new Senate bill to eliminate all tariffs on personal protective equipment (PPE) would sabotage U.S. manufacturing of these vital health care supplies and should be opposed by all who want to rebuild the U.S. health care manufacturing industry to safeguard the health of the American…
Chief economist argues KORUS made up to 194,000 Americans unemployed Washington. The Coalition for a Prosperous America (CPA) will testify today at a hearing of the U.S. International Trade Commission (ITC). CPA Chief Economist Jeff Ferry will detail flaws in the ITC’s most widely-used economic model for trade and will offer a revised model that…
Fee on foreign transactions could make dollar more competitive Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the benefits of realigning the U.S. dollar. Currently overvalued by an estimated 27 percent, the U.S. dollar has become a serious impediment to U.S. export competitiveness. The CPA study found that a…
The US economy gained 661,000 jobs in September, far below the 1.4 million jobs added in August as coronavirus restrictions continue to lift, but it was enough to take another bite out of the unemployment rate. September unemployment declined to 7.9% from 8.4% in August, the Bureau of Labor Statistics (BLS) reported today. The Private…
