Editors Note: This is an important WaPo article on the overvalued, noncompetitive dollar. The tone of the article is too negative regarding tariffs because the tariff intervention is positive for the economy. CPA members Greg Owens of Liberty Tabletop and Todd Diggs of Charlotte Pipe & Foundry are quoted and both support the tariffs (which…
By Jeff Ferry and Steven L. Byers Abstract In March 2018, President Donald Trump signed Proclamations imposing a tariff of 25 percent on US imports of steel from all countries excluding Canada and Mexico. The tariff is a response to years of foreign producers dumping their product on the US market, causing severe declines in…
CPA’s updated economic model finds more than 2 million jobs created Washington. Despite pessimistic predictions from many economists, the administration’s steel tariffs are creating US jobs and stimulating growth, according to a new economic model produced by the Coalition for a Prosperous America (CPA). CPA’s economic team found that the steel tariffs, in combination…
By Jeff Ferry and Steven L Byers When the Trump administration implemented tariffs on steel and aluminum in March 2018, many economists predicted job losses and consumer price hikes. Their predictions relied, in part, on economic models which forecasted job losses of 200,000 or more from the tariffs. Yet the US economy is creating jobs…
An interesting thing is happening right now in America’s industrial heartland. Manufacturers are adding new workers at a brisk pace. And it’s happening right in front of the very pundits and free-trade economists who predicted economic catastrophe over the past year. Op-ed by Jeff Ferry, CPA Research Director, originally appeared in Duluth News Tribune on…
In response to Beijing’s longstanding commercial espionage practices, President Donald Trump embarked on a series of tariffs against China earlier this year. Op-ed by Michael Stumo, CEO of CPA, originally appeared in LifeZette on November 20, 2018 Free-trade economists and media pundits offered dire warnings when the tariffs were announced. But as recent data have…
Editors note: the establishment tries even harder to tear down Peter Navarro even as he has proven right. The economics establishment is in disarray trying to reclaim legitimacy. No one’s more careful about what they buy,” Peter Navarro told me recently. The director of the Office of Trade and Manufacturing Policy was explaining that he reads…
Excerpt: “They don’t care if they get caught or if people go to jail. As long as it justifies their ends, they are not going to stop,” says FBI. It was the great microchip heist — a stunning Chinese-backed effort that pilfered as much as $8.75 billion in patented American technology. [ DEL QUENTIN WILBER | NOV…
Editor’s note. Not good. China has obtained the big screen software used by Nato and the United States for war room mapping, putting its forces on an equal organisational footing with some of the West’s elite military operations. [ Stephen Chen | November 17, 2018 | South China Morning Post] Luciad, a defence contractor based…
Editors note: Vice President Pence’s words are welcome because any deal that is cut with China at this stage would be a trap. The issues go beyond trade to the fundamental wiring of the Chinese economy and the global aspirations of their leadership. PORT MORESBY (Reuters) – The United States will not back down from…
