My op-ed on why trade deficits matter (“Why the White House Worries About Trade Deficits,” March 6) has generated a healthy debate. However, your March 10 lead editorial implausibly asserts, “Perhaps the best way to think about the U.S. trade deficit is not to think about it.” [Peter Navarro| March 22, 2017 |The Wall Street Journal] As…
Michael Stumo, CEO of CPA was invited to speak at the annual German Marshall Fund’s Brussels Forum. Our message was heard loud and clear: the key is to eliminate the trade deficit and that the old global trade model results in an economic carpet bombing of middle class America. Hear it for yourself! The session begins…
Top auto makers, facing the threat of costly North American trade policy changes, want the Trump administration to take a harder line on a market thousands of miles from their home turf. [TREFOR MOSS, CHESTER DAWSON and WILLIAM MAULDIN| March 22, 2017 |The Wall Street Journal] China’s car business is attractive to outsiders chasing sales growth,…
“You were ahead of the curve on trade.” This was the common refrain heard last week by members of the Coalition for a Prosperous America who attended our annual fly-in to Washington, D. C. We had eight teams of members visiting Congressional Representatives and Senators on March 14th and 15th. As Chair of our developing…
Following his confirmation hearing last week, President Trump’s pick for U.S. Trade Representative Robert Lighthizer responded affirmatively to every request made by Senate Finance Committee members in their questions for the record to tackle what they see as unfair Chinese trade policies. [Jack Caporal| March 20, 2017 |Inside US Trade] But Lighthizer did not take a deep…
LaGuardia’s $4 billion facelift won’t be an all-American job, the Daily News has learned. [Ginger Adams Otis| March 20, 2017 |NY Daily News] Chinese steel will be used in the high-profile project meant to make the city’s second-best airport great again — infuriating the U.S. steel industry that says it can handle the demand. A…
Washington~ Coalition for a Prosperous America (CPA) is excited to announce that Michael Stumo, CEO of CPA, will face off against the EU Trade Commissioner on Friday at the Brussels Forum. “I am honored to be invited to present to the prestigious Brussels Forum,” said Stumo. “In past years, former US Trade Ambassador Michael Froman…
Members of the Coalition for a Prosperous America (CPA) flooded the halls of Capitol Hill last week, meeting with over 100 congressional offices. Our members urged support for policy that eliminates the trade deficit and demands smart tax reform while opposing dumb trade deals that have decimated our agriculture industry and have trampled on our…
The Department of Commerce wants public input on “the use of American-made materials” in any new and expanded U.S. pipelines as it assesses the domestic supply chain and other logistical issues related to the construction of pipe, according to a March 16 statement. [Isabelle Hoagland| March 16, 2017 |Inside US Trade] The request for public…
Jeff Ferry, Research Director, CPA The decision last month by microchip manufacturer GlobalFoundries to build a chipmaking plant in China reinforced fears in the U.S. technology industry over China’s ambitious plans to become a major player in the world semiconductor industry. While GlobalFoundries is a second-tier chipmaker and the technology destined for the China plant…
