Editor’s note: This article highlights substantial new plant investment which is resulting from the presidents’ tariffs. It is the story we don’t often read as the mainstream press cherry pick bad news to oppose an aggressive trade strategy. CPA’s research work is featured in this article. [Dale Buss | February 12, 2019 | Chief Executive]…
USDA failed to craft a strategy to protect farmers and ranchers Washington. Yesterday, Agriculture Secretary Sonny Perdue wrongly criticized the tariff actions imposed in 2018 by President Trump. In response, the Coalition for a Prosperous America (CPA)—whose members include many US agricultural producers—reaffirmed its support for the imposition of tariffs and is calling on the US Department of Agriculture…
Editor’s note: Agriculture Secretary Sonny Perdue comes from the globalist/multinational school of agriculture which supported failed free trade policies that have injured US agriculture for decades. President Trump signed an executive order directing the US Department of Agriculture to use every bit of legal authority it has to protect farmers and ranchers from China’s retaliation.…
Editor’s note: Michael Stumo is featured in this article criticizing proposed legislation that would make it harder for any president to use tariffs to protect national and economic security. [John Binder | February 10, 2019 |Breibart] An alliance between globalist donors and pundits, the big business lobby, and a handful of Republican lawmakers are uniting to…
Jeff Ferry, CPA Chief Economist, is featured in this Bloomberg article, Seven Fixes for American Capitalism in which he defends tariffs as pro-growth and pro-jobs. Excerpt: Tariff Truthers If there’s one thing most economists around the world today can agree on, it’s that tariffs are bad. Protect one domestic industry with an import tax, and you hurt a…
Erroneous 2018 Predictions Repeated By Steven Byers, CPA Senior Economist Nearly a year after predicting 470,000 jobs would be lost due to President Trump’s tariffs on imported steel and aluminum, Trade Partnership Worldwide has published an updated study titled “Estimated Impacts of Tariffs on the US Economy and Workers.” The new report examines potential future impacts from different tariff scenarios. The previous…
Editors note: this letter to the editor is a good rebuttal to a wrongheaded anti tariff piece by the Wall Street Journal editorial board. The Trump administration’s policies are also benefiting the broader manufacturing sector. Your editorial “Steel Tariff Profiteers” (Feb. 4) ignores the facts of the global steel-overcapacity crisis and the long-term damage imports have…
Tariffs are working, boosting job growth Washington. One year after the Trump administration first imposed tariffs on a host of subsidized imports from China, the Coalition for a Prosperous America (CPA) reports that the tariffs have been extremely successful. The United States added 261,000 manufacturing jobs in 2018, and CPA members are experiencing increased sales. Dan DiMicco, chairman…
Editors note: excellent. WASHINGTON (Reuters) – President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline set by the two countries to achieve a trade deal. [Jeff Mason, Steve Holland | February 7, 2019 | Reuters ] U.S. President Donald Trump and China’s…
By Jeff Ferry CPA Chief Economist Trade data for November 2018 published Wednesday by the Department of Commerce indicates that the Trump Administration’s tariffs may finally be improving our balance of trade. The November goods and services deficit came in at $49.3 billion, 11.5 percent better than October’s figure of $55.7 billion. Equally significant, the…
