Steel

Nippon Steel’s US Steel Corporation Offer Should Be Killed, CPA Board Member Bill Jones Believes. Here’s Why.

The world’s fourth largest steel producer – Nippon Steel of Japan – made an offer to buy the third largest steelmaker in the U.S., U.S. Steel Corporation, in an all cash purchase priced at $55 a share in December, nearly double the company’s share price from early August.

Job Quality Index

Job Quality Index Declines as Low-Quality Jobs Dominate Growth

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for November declined by 0.69% in November to 83.71. The latest job figures showed strong growth in low-quality sectors, i.e. industry sectors paying below-average weekly pay, strongly outweighed growth in high-quality sectors. The decrease in the JQI for…

Customs Modernization Act of 2023, the Metastasized Cancer of Regulatory Capture

For the last five years, a cabal of attorneys and trade compliance professionals have been plotting to destroy what’s left of U.S. customs law. Their primary goal? Cementing the legal underpinnings of the de minimis loophole and getting ahead of the backlash. This is necessary for them, because the exponential growth of de minimis shipments…

Vietnam

CPA to Biden Administration: Do Not Grant Socialist Republic of Vietnam “Market Economy Status”

Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (CPA) called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government. According to a report by…

Economic View: U.S. Steel Must Stay American

Japanese steelmaker Nippon Steel has offered $14 billion for historic American company U.S. Steel. The deal is a bad idea. It’s bad for America, bad for steelworkers, bad for the U.S. manufacturing base. It’s even bad for U.S. Steel itself. The U.S. has four major steelmakers. They are essential to the success and prosperity of…