Editor’s Note: Dan Alpert is on CPA’s advisory board and a principal researcher to the Job Quality Index. Average hourly wages will likely jump between 4% and 6%, cumulatively, from March through May of this year. How can this be? Because we have just eliminated tens of millions of low-wage/low hour jobs and the mix of jobs…

Overall Deficit Rises 12% Due to EU, Mexico, & Canada By Steven L. Byers, PhD and Jeff Ferry As the US went into a self-imposed quarantine, US trade volume collapsed, with exports down 11 percent from a year ago and imports down 12 percent.  The US goods trade deficit with China fell to $11.8 billion,…

Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo As the toll from the COVID-19 pandemic mounts, more and more Americans are saying the same thing: “We need to bring manufacturing back from China.” [Michael Stumo | May 1, 2020 | News-Press] This makes sense, given the…

Excerpt: “There is no confidence that this device should be used to transfer critical care patients within or between hospitals due to the unreliability of oxygen and ventilation delivery, lack of adequate safety alarms and continued need for fine titration of settings,” it said, using a technical term relating to the fine-tuning of the devices. Exclusive:…

Editor’s Note: Greg Owens, owner Co-Founder & CEO, Sherrill Manufacturing/Liberty Tabletop, is the Co-Chair of CPA’s Buy American committee.  SHERRILL, N.Y. – Many of us have a renewed sense of purpose in our purchasing and are making conscious decisions to seek out and buy American made products. We all know this is important but there are…

Editors Note: This is a great next step to keeping dual use military-civilian technologies out of China’s hands. (Reuters) – The United States said on Monday it will impose new restrictions on exports to China to keep semiconductor production equipment and other technology away from Beijing’s military. [Karen Friefeld | April 27, 2020 | Reuters]…

Editor’s note: Despite multinationals saying USMCA entry into force should be delayed, USTR says it will happen on July 1.  Washington, DC – U.S. Trade Representative Robert Lighthizer today notified Congress that Canada and Mexico have taken measures necessary to comply with their commitments under the United States–Mexico–Canada Agreement (USMCA), and that the Agreement will…

Editors note: This looks promising. Commission says the state-owned businesses must prove they aren’t subject to Chinese government control [Kate O’Keeffe | April 24, 2020 | WSJ] WASHINGTON—The Federal Communications Commission ordered four Chinese state-owned telecommunications operators to explain why it shouldn’t withdraw permission for them to operate in the U.S., paving the way for…