CPA, NCTO Call on Congress to Revoke Normal Trade Relations with Russia

Dozens of U.S. Companies, Business Leaders Sign Petition Urging Congress to Take Action  WASHINGTON — The Coalition for a Prosperous America (CPA) and the National Council of Textile Organizations (NCTO) today urged Senate and House Leadership to immediately revoke Most Favored Nation status or Normal Trade Relations (NTR) treatment for Russia in light of Russia’s…

CPA Calls on Biden Administration to Impose Capital Markets Sanctions on Russia

WASHINGTON —The Coalition for a Prosperous America (CPA) announced its support for increased sanctions on Russian companies and institutions – including capital markets sanctions and secondary sanctions on those who seek to help Russia circumvent U.S. sanctions. CPA commends the actions being taken to excise Russian companies from U.S. markets – but more must be…

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Congress Must Undo its Permanent Normal Trade Relations Votes for Russia, and China

Cuba and North Korea don’t receive our Normal Trade Relations; Russian exports should face the same tariffs as they do. By Charles Benoit, CPA Trade Counsel Less than 10 years ago, by votes of 92-4 in the U.S. Senate and 365-43 in the House, Congress voted to grant Russia ‘Permanent Normal Trade Relations’ (PNTR). We…

LG Announces U.S. Solar Factory Closure Just Weeks After Biden Guts 201 Solar Tariffs

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after LG Electronics Inc. announced it was exiting the global solar panel business, a decision that will impact 160 employees and roughly 60 contract workers at LG’s corporate campus in Huntsville, Alabama, where the company has been assembling solar panels since 2018.…