Five Reasons Why Trade Policy Is Not Impacting Inflation
With consumer price inflation (CPI) running at 6.8% as of November 2021, many importers are trying to use inflation as an excuse for repealing the
U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts
U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts By Amanda Mayoral, CPA Economist Summary Points: The US held high tariff rates from
Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy
Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy By Amanda Mayoral, CPA Economist Summary Points: Despite popular misconception,
Tariff Incidence in the Real World: Why Consumers (Mostly) Didn’t Pay the Steel Tariffs
Summary points: The import price of steel fell in the period following the 2018 imposition of a 25% steel tariff, an indicator that steel tariffs
Worker-Centered Trade Means Reshoring U.S. Industries
In June, U.S. Trade Representative Katherine Tai gave a speech in which she outlined her vision of worker-centered trade, a popular phrase among Biden administration
An ‘Inevitable Decline’ of U.S. Manufacturing? Here’s Another Way to Stop It.
CPA member Doug Berger started Industry Reimagined 2030 this year. Here is how he imagines it. Hint: he doesn’t think the government can fully protect us, or throw money our way forever. Something else has to be done.
The Twin Secrets of Economic Growth
Long-term economic growth is the single most important objective for any nation. As growth economist and Nobel laureate Paul Romer has said: “For a nation,
U.S. June Trade Deficit Hits New Record of $75.7 Billion As Imports Surge
Goods Deficit Also Sets Monthly Record at $93.2 Billion Department of Commerce figures published this morning show that in June the U.S. reported a trade
The Negative Impact of GSP and Trade Liberalization on Developing Countries: A Review of the Economic Literature
The United States government has pursued trade liberalization for several decades. A substantial driver of this liberalization has been the assumption that more global trade
Has the U.S. Learned Anything? Cut-Price China Face Masks Driving U.S. Mask Makers Out of Business
A year ago, at the height of the pandemic, a severe shortage of vital personal protective equipment (PPE) hit America. Hospitals were asking staff to
