US Trade Deficit Hits $621B in 2018; Goods Deficit & China Deficit Hit New Records
By Jeff Ferry, CPA Chief Economist Data published this morning by the Department of Commerce show that US trade figures continued to worsen in December
China suspends customs clearance for Tesla Model 3 imports: Caixin
Editors note: no signs yet that China plans to play nice in the future. BEIJING/SHANGHAI (Reuters) – China’s customs authority has suspended customs clearance procedures
When will ‘Buy American’ really mean buy American?
Editor’s note: CPA supports strong Buy America rules in government procurement. Our government’s procurement policy falls far short of its potential to encourage and support
Do you care where your burger came from? American cattle farmers do — Washington does not
Excerpt: “The corrupt policy that prevents consumers from knowing from which country the beef they purchase for themselves and their families originated is the best policy
Chinese Provinces Still Quietly Implementing Made in China 2025
By Steven Byers, CPA Senior Economist Last summer, Chinese officials began talking about the liberalization of Chinese markets, in response to criticism of the highly
Trump Says Dollar Too Strong in Renewed Criticism of Powell
Editors note: Dear Mr. President, we have a paper on that. https://www.prosperousamerica.org/quantifying_economic_growth_job_creation_competitive_dollar President Donald Trump said Saturday that the U.S. dollar is too strong and
China Is Said to Plan $90 Billion Cut in VAT for Factories
Editor’s note: 1) Will China cut the VAT for imports? 2) CPA’s position is that the US should have a VAT or goods and services
More Americans Are Back at Work Making Stuff
Editor’s note: Tariff-armageddon is still not happening. China know that its tariffs were pro-growth for its economy. We are just re-discovering that fact. But we
U.S. says rejects WTO’s ‘straitjacket’ of trade obligations
Excerpt: However, “the United States remains an independent nation, and our trade policy will be made here – not in Geneva. We will not allow the WTO
U.S.-Made Sneakers Become Standard Issue For The Military
Editors note: Good news. An important expansion of buy America programs. We need to expand it even more this year so US taxpayer money is
