A steel pipe mill in Conroe will reopen this year, and the company says it’s in part thanks to President Donald Trump’s new tariffs on foreign steel Editor’s note: We continue to see job creation from the tariffs, though you won’t read about it in the national media. Tenaris’ Conroe plant largely shut down three years…
Editor’s note: President Trump publicly stated his intention to further increase tariffs on $200 billion of Chinese imports from 10% to 25%. The USTR press release below describes how that decision is being implemented. CPA members should consider whether to submit comments to support keeping or adding their products on this tariff list. Washington, DC –…
When Henry Ford introduced the Model T, the United States became the epicenter of a global automotive boom. Cars, jeeps, ambulances and tanks figured tremendously in both war and peace, and yielded industrial advances that employed millions of Americans. [George Boyd Jr. | August 1, 2018 | Morning Consult] Essentially, the automobile became the hub…
Editor’s note: This admission by Ambassador Zhang Xiangchen of China shows just how wrong free trade proponents have been. China is not changing, never wanted to change, and is happy with their predatory economic strategy. “We have never changed our position,” he said. “As for those who speculated that China would change and move onto a different…
Editors note: Strange that this article does not even discuss that China is a predatory state directed economy with serious geopolitical goals. Only quantitative comparisons of trade and investment are discussed… a marginally relevant analysis. President Trump keeps raising the stakes in his standoff with China over trade, but he’s backed down, for now, in…
Make America Great Again!” will, given the astonishing victory it produced for Donald Trump, be recorded among the most successful slogans in political history. [ Patrick J. Buchanan | July 27, 2018 | Buchanan Blog] Yet it raises a question: How did America first become the world’s greatest economic power? In 1998, in “The Great…
By Jeff Ferry, CPA Research Director Summary: This article looks at China’s heavy dependence on – or overexposure to – the US for their trade surplus and their exports. It examines different ways of counting the China trade surplus, finding that on one alternative measure it could be as much as twice as large as…
By Jeff Ferry, CPA Research Director US gross domestic product (GDP), adjusted for inflation, grew by a 4.1% annual rate in the second quarter of this year, the fastest quarterly growth rate since 2014, showing that economic growth is surging ahead, unaffected by—or perhaps boosted by–trade actions by the Trump administration. According to government figures,…
U.S. Trade Representative Robert Lighthizer on Thursday said the national security-based Section 232 tool is only effective if it is applied globally, despite relationships the U.S. has with countries considered to be key allies. [Isabelle Hoagland | July 26, 2018 | Inside US Trade] Asked by Sen. Jack Reed (D-RI) if Canada posed a national…
“Now that we have a court established finding that lack of country of origin labeling harms cattle producers in the United States, we’re going directly to the White House,” said Bill Bullard, R-CALF USA CEO. [Russell Nemetz | July 26, 2018 | Montana Ag Network] In a lawsuit filed by R-CALF USA, the organization alleged that the…
