Editor’s note. This is an excellent article showing how China developed its steel industry and overcapacity as a foundation for its economic and manufacturing growth. All with state control, strategy, subsidies, denials, and concealment of intentions. China was leaving behind decades of deep poverty when Vice Premier Deng Xiaoping flew to Japan in 1978 to…
CPA Helps Revive Oldest US Copper Producer
Editors note. The administration now has support from business leaders on addressing China’s tech theft. But they still don’t get the threat of our trade deficit with China. When President Trump first threatened to levy major tariffs on China, business leaders worried the administration was using the wrong weapon on the right target. [John Stoll…
Editor’s note. CPA member Roger Simmermaker makes the case that all domestic producers should become CPA members. If you’re looking for a successful and influential organization that fights against the establishment and the media and their globalist, free trade-leaning agenda, then you should look into the Coalition for a Prosperous America (CPA). [Roger Simmermaker |…
By Jeff Ferry, CPA Research Director General Motors is having a very good year in 2018. That’s right. You read that right, a good year. Maybe even an excellent year. In Q3, its earnings performance knocked it out of the park. Wall Street was expecting earnings of $1.25 and the carmaker delivered $1.87. On the…
Throughout 2018, there has been a constant wave of criticism regarding the tariffs that President Trump imposed on an array of imports, principally from China. Op-ed by Jeff Ferry, CPA Research Director, appeared in The Hill on December 17, 2018 However, the evidence shows that the tariffs are actually working. Economic growth is up, inflation is under…
Editor’s note: This is an excellent article with a short economic history of how strategic trade, in the form of tariff intervention, is a fundamental part of how successful nations grow from poor to rich. From Great Britain to the United States to China. [Spencer P. Morrison| December 11th, 2018 | American Greatness] China’s economy is…
By Jeff Ferry, CPA Research Director Last week, Canadian authorities arrested the Chief Financial Officer of Huawei, Sabrina Meng Wanzhou. The US government alleges that she was involved in a plot to circumvent US sanctions on Iran by using a dummy company, secretly owned by Huawei, to sell networking equipment to Iran. Some of the…
Editor’s note. The US China skirmish is really about whether our economic, military and geopolitical strength will be eroded. The massive technology theft is only one piece. Count the straws in the wind, and it looks like the trade tensions between the U.S. and China could be moving closer to a resolution. Don’t relax just yet,…
Editor’s note: This article is posted because the UK’s trade deficit in goods was one reason voters approved Brexit last year. It parallels the trade deficit harm caused in the US. Excerpt: “One priority is a sustained effort to promote manufacturing, which provides well-paid jobs and is especially important in the Midlands, the north of England and Northern Ireland.…