The High Cost of Trade Deficits

Editors note: Michele Nash-Hoff is long standing member of CPA .  Free trade has resulted in enormous trade deficits in goods for the United States for over 40 years. Our last year of a positive trade balance was 1975. At best, free trade has benefited large, multinational global corporations that have manufacturing facilities located in…

Trump Appointees Defy ‘Buy American,’ Protect Chinese Manufacturing

Excerpt: “GOP globalists are a big threat to the economic recovery,” Stumo said. “President Trump’s nomination team needs to have a litmus test to screen out globalists when considering appointees. The president should now be tweeting about these America Last FTC commissioners as vigorously as he tweets against the Federal Reserve.” President Trump’s hand-picked appointees for the Federal Trade…

USMCA Estimated to Support 76,000 Additional American Auto Jobs, Billions in New Auto Manufacturing Investments

Editor’s note: USTR released its own analysis of the impact of the USMCA on the auto sector due to its rules of origin changes. This report comes ahead of a statutorily mandated International Trade Commission report on the agreement. Click here to view online USTR NEWS UNITED STATES TRADE REPRESENTATIVE www.ustr.gov               Washington, D.C. 20508   …

NAFTA 2.0: IS THE SOE CHAPTER A RED HERRING?

Excerpt: “China’s authoritarian government, size, and anticompetitive intent are more problematic than the ownership structure of the companies in question.  The government can fund them, without having them be profitable, as long as it likes.  And it can control them without owning them.” [Beth Baltzan | March 7, 2019 | American Phoenix] Much has been made of…