CPA Statement on 2019 Trade Deficit Decline

U.S. Trade Deficit Declines in 2019 China trade gap falls significantly due to tariffs Washington. Federal data released this morning show that America’s enormous international trade deficit in goods and services fell in 2019 for the first time in six years. According to the U.S. Commerce Department, the trade deficit dropped 1.7 percent to $616.8…

We Need a 5G Wireless Technology Made in the USA

By Jeff Ferry, CPA Chief Economist You are probably hearing a lot about 5G wireless, which is the next big thing in cellular telephone networks. The coming fifth generation of wireless will multiply the speed of cellular reception from around 100 megabits per second to multiple gigabits per second. This new technology will make many…

Jeff Ferry: China pilfering costly US medical research from labs, universities

Excerpt: A new FBI investigation has revealed, China is even attempting to steal medical and biological property from U.S. labs and hospitals. Americans have become increasingly familiar with China’s aggressive theft of U.S. intellectual property. Whether it’s Huawei stealing trade secrets from T-Mobile or a Chinese aviation company stealing the designs of 13 different aerospace companies,…

DHS to announce major counterfeit bust

Editor’s note.  This Fox News clip with Peter Navarro describes an important new initiative to stem the flood of counterfeit goods into the US. It also calls into question the longstanding program of allowing small international mail items into the country tariff-free.  Acting Customs and Border Protection Commissioner Mark Morgan and assistant to the president…