Excerpt: “We appreciate President Trump’s statement yesterday that he is NOT planning on deferring the collection tariffs,” the Coalition for a Prosperous America, which has supported the tariffs, said in a statement Wednesday. “This is not a recession caused by lack of cheap goods,” they said. “Incentivizing imports would kill many U.S. jobs that remain.” The calls by…
Editor’s note: Sen. Brown is right that tariff deferral is a terrible idea. The US is suffering from COVID and job losses, not the lack of cheap goods. A “blanket” deferral of tariff payments would inhibit textile manufacturers’ ability to produce personal protective equipment in the U.S., Sen. Sherrod Brown (D-OH) argued on Wednesday in…
Editors note: this White House email has a comprehensive list of Covid information and resources. Assistance for American Workers and Families In the weeks immediately after the passage of the CARES Act, Americans will see fast and direct relief in the form of Economic Impact Payments. For more information, CLICK HERE. [Joseph Russo | April…
We appreciate President Trump’s statement yesterday that he is NOT planning on deferring the collection of tariffs. We can no longer listen to the advice of the stateless multinationals. American companies, including CPA members, are suffering from a crash in demand. This is not a recession caused by lack of cheap goods. It is caused…
Editor’s note: Official confirmation of what was already suspected. COVID numbers from CCP reporting are never true. China has concealed the extent of the coronavirus outbreak in its country, under-reporting both total cases and deaths it’s suffered from the disease, the U.S. intelligence community concluded in a classified report to the White House, according to…
Editors note: This is a great example of What we are seeing around the country. Manufacturers are repurposing and rising to the challenge. The old Navy Yard’s manufacturers, including printers and distillers, have pivoted to making urgently needed face shields and hand sanitizer. [Corey Kilgannon | March 31, 2020 | NY Times] During World War…
Editors note: the phase 1 US China agreement included measures two stop China’s hacking. Are they breaching? As the coronavirus epidemic reached crisis level in Wuhan, China, in January, a known group of state-backed cyber hackers launched attacks at healthcare companies and other key industries outside the country, according to cybersecurity company FireEye. [Patrick Tucker…
Editors note: Ford and GM need to source ventilator parts from the US. Not offshore like they do with automobiles. American manufacturers fear they are being passed over for contracts to help make essential medical supplies by multinational corporations like General Motors (GM) in favor of more outsourcing to China in the midst of the…
Editors note: This is why we need self reliance on critical products, not just moving away from china. We can’t even rely upon allies. European Union Trade Commissioner Phil Hogan on Monday defended his government’s decision to restrict exports of masks, gloves and other protective equipment in response to the novel coronavirus outbreak, calling the…
Editor’s note: Beth Baltzan explains how the law currently prevents importation of products made in whole or in part by forced labor. We remember the Tariff Act of 1930 because it included the infamous Smoot-Hawley tariffs. But we should remember it for something much more important: it prohibited imports made with forced labor. Back in the day,…
