Pinkerton: Marco Rubio, Elizabeth Warren, Tucker Carlson, and the Promise of Economic Patriotism

Excerpt: “For all their differences, Rubio and Warren have done something important: They have jointly raised the flag of Economic Patriotism.” When Sen. Marco Rubio of Florida and Sen. Elizabeth Warren of Massachusetts agree on anything, that’s news in and of itself. After all, Rubio’s most recent legislative rating by the left-leaning Americans for Democratic Action is…

Taking on China in this Cold War: An 11 Step Plan

Excerpt. “We must disentangle our supply chain today so that China cannot use economics to leverage better military or geopolitical outcomes.” With President Trump recognizing the 75th anniversary of D-Day in Europe this week, I found myself wondering how the historic giant of that era, Winston Churchill, would view the present day, particularly the West’s…

You Can’t Trust a Chinese Audit

Editor’s note: CPA has endorsed the EQUITABLE Act discussed by Senator Rubio in this op-ed. A new bill would ensure that U.S.-listed companies comply with American financial reporting rules. [Marco Rubio | June 4, 2019 | WSJ] Two decades after its accession to the World Trade Organization, China still uses its intertwined public and private…

US Trade Deficit with China Increases in April

By Steven L. Byers, PhD, CPA Senior Economist The US international trade deficit in goods and services for April 2019 declined slightly to $50.8 billion, down $1.1 billion from $51.9 billion (revised) in March. US goods exports fell $4.4 billion, and services declined by $185 million. US goods imports declined $5.4 billion, and services fell…

CPA Briefing Paper: Why Economic Forecasts of the Effects of Trade Action Are Consistently Wrong

Jeff Ferry, Chief Economist Steven Byers Ph.D., Senior Economist June 2019 This Briefing Paper looks at the shortcomings of economic models of trade action, their causes, and modifications to improve the accuracy of these forecasting models. Executive Summary From the adoption of NAFTA in 1994, through the Trump administration’s 2018 tariffs, economic forecasts have consistently…

Press Release: CPA Endorses Rubio’s EQUITABLE Act as Safeguard for US Investors

Legislation would block unaudited and state-influenced foreign companies from US capital markets Washington. The Coalition for a Prosperous America (CPA) today endorsed the introduction of the EQUITABLE Act (“Ensuring Quality Information and Transparency for Abroad-Based Listings on our Exchanges”). The bill, co-sponsored by Sens. Marco Rubio (R-FL), Bob Menendez (D-NJ), Tom Cotton (R-AR) and Kirsten Gillibrand…