CPA’s Take: Good to see POTUS start to talk about decoupling from China. Ending federal contracts with companies who offshore is an important idea. President vows to end reliance on Beijing as he ratchets up anti-China rhetoric in re-election campaign [Brendan Greeley | September 7, 2020 | FT] Donald Trump raised the prospect of “decoupling”…
CPA’s Take: The first two people mentioned as Biden trade advisors, Jennifer Hillman and Miriam Sapiro, are pro-globalists that don’t care where things are made. WASHINGTON/WILMINGTON, Del., Sept. 8 (Reuters) – Democratic presidential nominee Joe Biden is tapping some of the most experienced trade professionals in Washington to help chart a new course on trade if…
CPA’s Take: This is excellent. Finally, import competition is being accepted in agriculture as harmful to domestic producers. Washington, DC — The Office of the U.S. Trade Representative, the Department of Agriculture, and the Department of Commerce today released a report outlining the Trump Administration’s plan to address the threat posed by increased foreign imports to…
CPA’s Take: CPA supports efforts to remove Chinese stocks from the US stock market because they do not let us access their audited financial records. It is ridiculous that it has gone on this long. The spotlight fell on Chinese investments held by U.S. colleges this week as the White House looks to untangle the intricate…
CPA’s Take: The battle within the Biden campaign on trade between the Wall Street globalists and the fair traders is real. The former vice president is eager to de-emphasize trade, but that could leave tensions with allies and progressive Democrats to boil over. [Gavin Bade | August 20, 2020 | Politico] “Trump is going to…
CPA’s Take: Very bad! The IMF has failed to stop currency manipulation. The US has acted with a modest regulation that defines when we can countervail foreign currency manipulation. Now the IMF is outrageously trying to stop that very modest regulation from being utilized. The US needs to go further and realign our overvalued dollar…
CPA’s Take: When Kamala Harris was running for president, this is what she said about trade. Democratic candidate for President; California Senator [December 15, 2019 | On the Issues] Export American products, not American jobs Q: How would your trade policy differ from President Obama’s? HARRIS: My trade policy, under a Harris administration, is always…
Editor’s Note: CPA submitted testimony to the Senate Finance Committee relating to WTO reform. Our testimony points out the fundamental flaws in the WTO, suggests reform measures, and asserts that the US must be prepared to withdraw to maximize negotiating leverage. As this Committee looks to whether the WTO can be reformed to address twenty-first century…
CPA’s Take: The president eliminated 232 tariffs on Canada for aluminum imports when signing the US MCA. Canada then wrongly thought it could get away with a renewed surge of imports. WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with…
CPA’s Take: This article reveals the myriad ways the US has substituted myths and self-blame for recognition of the geopolitical threat of China. Slowly but steadily they build up their economic, military, and technological superiority at our expense [Victor Davis Hanson | May 14, 2019 | National Review] The Chinese Communist government does not have…