News Release: CPA Applauds Sen. Ben Cardin Progressive Consumption Tax Bill

  Contact: Sara Haimowitz, [email protected], 202.688.5145 For immediate release CPA Applauds Sen. Ben Cardin Progressive Consumption Tax Bill: Legislation Would Drastically Improve American Producers’ Trade Competitiveness The Coalition for a Prosperous America (CPA) applauds Senator Ben Cardin (D-MD) for introducing the Progressive Consumption Tax bill yesterday.  The bill, if passed, would tremendously improve US trade…

Hartford Courant: “Former UTC Scientist Charged With Trying To Take Sensitive Files To China”

  Another former employee of United Technologies Corp. has been arrested by federal authorities and accused of trying to take sensitive documents relating to military aerospace programs to another country. [by Brian Dowling | December 9, 2014 | Hartford Courant] In a criminal complaint unsealed Tuesday at U.S. District Court in Bridgeport, authorities say that…

EPI Blog: “Growing Trans-Pacific Trade Deficits Set the Stage for Growing Trade-Related Job Displacement”

  U.S. trade and investment agreements have almost always resulted in growing trade deficits and job losses. Under the 1993 North American Free Trade Agreement, growing trade deficits with Mexico cost 682,900 U.S. jobs as of 2010, and U.S.-Mexico trade deficits and job displacement have increased since then. President Obama promised that the U.S.-Korea Free…

WSJ: “Essential China Reading”

  The Congressional U.S.-China Economic and Security Review Commission has one job: to provide a realistic view of the relationship, unfiltered by diplomatic niceties. While some of its assessments may be overstated, it always contains important information, and this year’s report is especially sobering.  [November 27, 2014 | Wall Street Journal Opinion] The bipartisan commission…

ITIF: The Worst Innovation Mercantilist Policies of 2014

Innovation is a central driver of growth. As a result, an increasing number of countries are seeking to become innovation leaders. Unfortunately, the methods that many choose are grounded in “innovation mercantilism”: a strategy that sees technology-based exports as the key to success while relying on distortive and protectionist tactics to achieve that goal. [Reposted…