Editor’s note: Fast forward 15 years. Absent action by the US, subsidized Great Wall Motors will have taken major market share in the US market. And in electric vehicles, Tesla will be a quaint historical footnote. Elon Musk vs Xi Jinping is not a contest. A high stakes investigation with profound impact on the nation’s…
U.S. manufacturing is once again in the news. New data shows America’s factories adding 261,000 jobs from January 2018 to January 2019. In the State of the Union, President Trump emphasized the urgency of confronting predatory trade from countries like China…. Op-ed by Michael Stumo, CEO of CPA, originally appeared on February 12, 2019, in the Hill There’s no…
Editor’s note: This David Brooks article shows that the “China as strategic and economic threat” concept is mainstreaming. Remember that CPA was ahead of the curve on trade deficits and also the US-China issue. An existential threat for the 21st century. [David Brooks | February 14, 2019 | The New York Times] The launch of…
Editor’s note: Curtis Ellis hits the nail on the head. American officials are in Beijing for the latest round of negotiations over Red China’s trade war against the United States. [Curtis Ellis | February 14, 2019 | Daily Caller] China has a proposal to end the dispute with the Trump administration: transform the United States into a…
Most people are unaware that for over 150 years, the American government protected the development and growth of its manufacturing industry with high tariffs, ranging from a low of 5% to as high as 50% in some cases. The first tariffs were imposed by the Tariff Act of 1789, whose purpose was to raise money…
By Jeff Ferry, CPA Chief Economist The solar power industry enjoyed a healthy 2018, with solar deployments rising 4.5 percent to 11.6 Gigawatts installed last year. That’s according to a new study, Sustainable Energy in America, published this week by Bloomberg New Energy Finance. The growth in solar deployments demonstrates that the Section 201 tariffs…
Editor’s note: The military competition with China continues. The Pentagon on Tuesday unveiled a new artificial intelligence strategy aimed at keeping pace and competing with Russian and Chinese technological advancements…. [Ellen Mitchell | February 12, 2019 | The Hill] “Other nations, particularly China and Russia, are making significant investments in AI for military purposes,” according to the…
Groundbreaking study quantifies economic costs of overvalued dollar Washington. A new study of the US economy from the Coalition for a Prosperous America (CPA) economics team shows that the US dollar is overvalued by 27 percent. Adjusting the dollar to a competitive level would yield large benefits to the economy, including an estimated $1 trillion in additional…
Editor’s note: CEO survey results are a shocker to the economists and the media who think tariffs are terrible. [Sebastian Pellejero | February 13, 2019 | Bloomberg] With the U.S. and China starting a fresh round of trade talks this week, a new survey showed more American executives see their businesses gaining from a potential…
Editors note: Senator Marco Rubio is doing a good job with this report calling attention to the fact that we lack a defense to China 2025. Restarting a legitimate debate on smart industrial strategy. The Happy-Meal-toy making days of China are long gone. They’re making robots there now. [Kenneth Rapoza | February 12, 2019 |…
