A House Foreign Affairs Committee hearing warned against creating economic dead zones in rush to switch to renewables.
Semiconductor Manufacturing Becomes Problem for Defense Industry, Senate Armed Services Committee Says
The Senate Armed Services Committee heard testimony this week from defense industry experts warning about the declining domestic market share for microelectronics.
Thirty years ago, Clint Eastwood held a gun to his rival’s head and asked the question: “Do you feel lucky, punk?” That is what the Chinese solar manufacturers are doing today, with President Biden at the other end of that Magnum 44 six-shooter. On March 28th, Biden’s Commerce Department decided to pursue an anti-circumvention case…
Janet Yellen tells The Atlantic Council that the U.S. needs more resilient supply chains. But judging by her speech, reshoring was not part of the solution.
The U.S. China Economic And Security Review Commission debated ways to better deal with China’s non-market economy in the WTO. Tariffs were part of the solution.
By Charles Benoit, CPA Trade Counsel An upcoming vote in Congress will be on par with the 2001 decision to grant China Permanent Normal Trade Relations. And Senate Finance Republicans are supporting it. They need to see the light.
Ex-World Banker John Hansen explains why a strong dollar might not be as good as the Washington-Wall Street consensus would have us think.
CPA Applauds Wyden, Portman Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. Yesterday, CPA released a…
The International Trade Commission held its seventh roundtable discussion on the impacts of foreign trade on American workers and manufacturing. CPA Chairman Zach Mottl was one of the speakers.
It sounded like the 1980s in Congress this week. Free trade and open markets were all the rage in a Senate Finance Committee hearing and a House Ways and Means Committee hearing with America’s top trade diplomat, Katherine Tai.