U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
The United States is now on pace to reach a $39 billion agricultural trade deficit in 2024 amid all-time record imports.
January 16, 2025
U.S. Manufacturing’s Shrinking Share of GDP and How to Catch Up
U.S. manufacturing has fallen from 21-25% of GDP in 1950s to about 10% today. The decline is worse than the average of first world developed countries. The result is an unbalanced economy excessively dominated by services and imports.
November 8, 2024
Currency Misalignment Monitor, October 2024
The U.S. dollar remains at about the same worldwide valuation in our latest quarterly Misalignment Monitor, continuing to create a double-digit import incentive to the great disadvantage of domestic U.S. producers.
October 1, 2024
Solar Panel Tariffs Will Not Slow Down the Rate of Solar Deployment
Deployments of solar power facilities in the U.S. by utilities, commercial customers,
and residential customers have risen substantially in recent years due to
technological progress, lower costs, and various tax incentives and credits from the
U.S. government.
September 3, 2024
Solar Import Surge Caused by Massive Subsidies Prompts Additional Antidumping Allegations
As the demand for solar energy deployment in the United States continues to grow, foreign firms are reaping nearly all the benefits. Solar imports in 2024 are outpacing total demand and crowding out domestic solar manufacturers.
August 26, 2024
Domestic Market Share Index Rises in Q1 2024, Fueled by a Reduced Manufacturing Trade Deficit
The CPA Domestic Market Share Index (DMSI) rose slightly in the first quarter of 2024 as domestic manufacturing output edged up and the manufacturing trade deficit contracted slightly.
July 29, 2024
PVC Pipe Import Surge Threatening Domestic Industry and Essential Infrastructure
PVC pipe is critical for U.S. infrastructure, especially as electrical conduit in energy, data centers, and other high-tech sectors. U.S. PVC pipe imports are surging with 2024 import levels over twice as high as 2023 levels.
July 25, 2024
Currency Misalignment Effects Far Outweigh the Effect of Tariffs: Subsidizing Imports and Penalizing U.S. Exports
USD Overvaluation affecting U.S. trade with the world by $364 billion, compared to only a $30 billion effect from current tariffs. Currency misalignment also has a larger effect in more heavily tariffed countries, such as China.
July 15, 2024
DMSI Rises Slightly in Q4 2023
The CPA Domestic Market Share Index (DMSI) rose slightly for both Q4 2023 and the full year last year. The U.S. trade deficit in manufactured goods came in at an alarmingly high $1.07 trillion last year.
April 19, 2024
Biden Administration Proposal to Increase Steel Tariffs Needs to be Wider in Scope
The Biden administration’s recently announced proposal to increase the steel and aluminum tariffs on Chinese products from 7.5% to 25% could be a mixed bag.
April 19, 2024
Economic View: Productivism is the Key to National Prosperity
US productivity growth has underperformed since the year 2000.
April 15, 2024
Mexico’s Violation of Steel Import Agreement is Threatening Local U.S. Economies
Steel imports from Mexico have surged far above historic levels, violating Mexico’s trade agreement with the U.S. and threatening local U.S. economies.
April 15, 2024
