How Tariffs Benefit the Working Class and Reduce Income Inequality
Tariffs are a progressive policy that reverse the negative economic effects of free trade, creating good-paying jobs, boosting working-class income, and reducing income inequality.
Currency Misalignment Monitor, October 2024
The U.S. dollar remains at about the same worldwide valuation in our latest quarterly Misalignment Monitor, continuing to create a double-digit import incentive to the great disadvantage of domestic U.S. producers.
Harley-Davidson Moves More Production to Thailand, Thanks to Thai Tariffs and Tax Incentives
Harley-Davidson announced it is moving production of its Pan America, Sportster, and Nightster bike models from the U.S. to Thailand. Harley’s growing Thailand production is directly incentivized by 60% Thai motorcycle tariffs and corporate tax breaks.
Solar Panel Tariffs Will Not Slow Down the Rate of Solar Deployment
Deployments of solar power facilities in the U.S. by utilities, commercial customers,
and residential customers have risen substantially in recent years due to
technological progress, lower costs, and various tax incentives and credits from the
U.S. government.
Solar Import Surge Caused by Massive Subsidies Prompts Additional Antidumping Allegations
As the demand for solar energy deployment in the United States continues to grow, foreign firms are reaping nearly all the benefits. Solar imports in 2024 are outpacing total demand and crowding out domestic solar manufacturers.
U.S. Aluminum Industry Undermined by Dumping, Import Flood, and Trade Agreement Violations
Aluminum imports into the U.S. have surged in recent years, with some product categories seeing a 380% increase since 2015. Many countries have already been found guilty of dumping aluminum into the U.S. at artificially low prices.
Domestic Market Share Index Rises in Q1 2024, Fueled by a Reduced Manufacturing Trade Deficit
The CPA Domestic Market Share Index (DMSI) rose slightly in the first quarter of 2024 as domestic manufacturing output edged up and the manufacturing trade deficit contracted slightly.
PVC Pipe Import Surge Threatening Domestic Industry and Essential Infrastructure
PVC pipe is critical for U.S. infrastructure, especially as electrical conduit in energy, data centers, and other high-tech sectors. U.S. PVC pipe imports are surging with 2024 import levels over twice as high as 2023 levels.
Currency Misalignment Effects Far Outweigh the Effect of Tariffs: Subsidizing Imports and Penalizing U.S. Exports
USD Overvaluation affecting U.S. trade with the world by $364 billion, compared to only a $30 billion effect from current tariffs. Currency misalignment also has a larger effect in more heavily tariffed countries, such as China.
Biden Administration Mexico Steel Agreement Will Have Little to No Effect on Imports from Mexico
New Biden-Mexico Steel Agreement will only affect about 16% of imports from Mexico, based on CPA’s analysis (the White House estimates it will only affect just 13% of imports).
