Section 301 Tariffs on China, Part 1 Editor’s note: Part One of a series on the Section 301 tariffs on Chinese products by CPA Buy American Committee co-chair James Stuber. [James Stuber | August 6, 2019 | The American Dossier| Part one of a four-part series] After twenty-five years of giving American technology, capital, and…
Editors note: CPA member Roger Simmermaker explains how free traders wrongly focus on efficiency and low prices instead of production and employment. Exclusive: Roger Simmermaker warns of cost of ‘efficiency uber alles’ [Roger Simmermaker | September 8, 2019| WND] It is no secret that free traders worship free trade as a religion. Syndicated columnist and…
Editor’s note: WaPo would be called protectionist if taking about trade instead of journalism in this editorial. “For many years, U.S. policy was guided by the logic that it is best to remain open, to showcase a commitment to values and principle. But what if China doesn’t care and doesn’t change its approach?” CHINA’S LEADERS…
Editors note: This is a good move. Gov. Andrew Cuomo wants to make permanent a bill requiring New York’s big infrastructure projects to use American-made steel and iron, he said Saturday. [Eileen AJ Connelly | September 7, 2019 | NY Post] The “New York Buy American Act,” which first took effect in April 2018 and…
Excerpt: “Fundamentally, we believe that China will do everything it can to continue to deceive the U.S., including the use of delaying tactics to continue stealing from the U.S. and in order to take considerable advantage of America’s free and open market.” There is a Chinese proverb that translates as: “It is always better to…
Editor’s note: Fed report finds business uncertainty but little actual impact of tariffs. Investment “uncertainty” from tariffs exists only if you want to invest somewhere else, not America U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.…
Editors note: Michele Nash-Hoff is a CPA member. The Baldwin-Hawley Senate Bill, S.2357, titled the “Competitive Dollar for Jobs and Prosperity Act” was introduced by Sen. Tammy Baldwin (D-WI) and Josh Hawley (R-MO) on July, 31, 2019. The purpose of the Bill is “To establish a national goal and mechanism to achieve a trade-balancing exchange…
Goods deficit with China declines 10% from last year By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for July 2019 decreased by 2.7 percent, to $54.0 billion, down $0.2 billion from $55.5 billion (revised) in June. The July decrease is due to a decline in the goods…
Editors note: Canadian government to allow Chinese steel dumped at below cost to build a $40b LNG project. Watch as Canadian steel fabrication products will try to flood the US market looking for sales to keep domestic plants going. The Canadian Institute of Steel Construction says the federal government is giving away hundreds of thousands of…
Editors note: General Motors is now the biggest exporter of vehicles from Mexico to the United States. General Motors Co. now employs fewer union-represented American workers than its domestic rivals for the first time since the United Auto Workers started organizing Detroit’s carmakers eight decades ago. [David Welch | August 29, 2019 | Bloomberg] GM’s…