CPA’s Issue Flyers

Members of the Coalition for a Prosperous America (CPA) visited more than 100 House and Senate offices in the nation’s capital this week to sound an alarm: America’s massive, growing trade deficit is killing jobs, harming communities, and stifling economic growth. In a two-day blitz, CPA members left their mark on Capitol hill, urging Members…

Enforcing trade rules is not a ‘trade war’

(March 9, 2018) — The recent tariffs on steel and aluminum have been characterized as trade war. This is weird, because countries often enforce trade rules with targeted tariffs and sanctions, and markets adjust. What’s the real issue? [Stan Sorscher | March 9, 2018  | The Stand] In the orthodoxy of free trade, tariffs are…

Wilbur Ross’s Star Rises as Trump Imposes Tariffs

Commerce Secretary Wilbur Ross says tariffs will be good for the American steel industry—just as they were for Mr. Ross himself during his business career. [Ted Mann, Bob Tita and Maureen Farrell | March 8, 2018 | WSJ] Profiting from such protectionist measures was a trademark of some of the biggest deals in Mr. Ross’s rise as an investor specializing…

CPA: National Security Decision on Steel and Aluminum Is Necessary Beginning

Washington ~ The Coalition for a Prosperous America (CPA) strongly supports President Trump’s decision to ensure that America’s ability to produce steel and aluminum are sufficient for our national security. Previous U.S. government measures taken by previous presidents since Ronald Reagan were too narrow to prevent industry decline which endangers American interests. “President Trump, Secretary…

Why the U.S. Trade Deficit Is Worse Than It Seems

You don’t have to know David Ricardo from Ricky Ricardo to understand the problems with President Trump’s approach to fixing America’s trade woes. [ Spencer Jakab | March 5, 2018 | WSJ] But a seemingly unrelated news item on Monday shows what is being ignored in the debate over Mr. Trump’s tariffs: The U.S. trade balance may be much worse…

Inside the bitter Oval Office tariff fight

This culminated last week. But the war — between Peter Navarro’s economic nationalist camp and Gary Cohn’s free trader-cohort — has been roiling the White House for months. [Jonathan Swan | March 4, 2018 | Axios] It came to a head in the Oval Office in January of this year, when Cohn, Navarro, Rob Porter, Wilbur…