Excerpt: The tariffs matter because steel is important. It’s a key measure of a nation’s economic security. Steel is the bedrock commodity needed to build transportation, infrastructure, housing, and power distribution. Our products are used in everything from commercial construction and apartment buildings to energy infrastructure and data centers. [Barry Zekelman | November 22 2019 |…
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Editor’s Note: Zach Mottl is the chief alignment officer of Atlas Tool Works and a past chairman of the Technology and Manufacturing Association of Illinois and on the CPA board. Each year, the United States imports more than $2 trillion worth of goods. And whether it’s cars, flat-screen TVs, or medical devices, these products all face…
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Editor’s note: Chinese espionage against Monsanto. WASHINGTON (Reuters) – A Chinese national who worked for Monsanto before it was purchased by Bayer AG was charged in St. Louis, Missouri, on Thursday with stealing trade secrets for China, the U.S. Justice Department said. [Eric Beech | November 21, 2019 | Reuters] Haitao Xiang, 42, an employee…
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Editors note: This is a very very good article covering our new job quality index. The numbers tell one story. Unemployment in the US is the lowest it’s been in 50 years. More Americans have jobs than ever before. Wage growth keeps climbing. [Gwynn Guilford | November 21, 2019 | Quartz] People tell a different…
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Editors note: This is a good sign that the president is not looking to close the phase one deal with China. They would never comply. They will have to buy our agricultural products anyway. The tariffs should be made permanent and expanded. “I like what’s happening right now,” president says. [Paul Connor | November 20,…
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Sales-based system could address corporate tax avoidance Washington. The Coalition for a Prosperous America (CPA) is urging the Organization for Economic Cooperation and Development (OECD) to support a move to sales factor apportionment (SFA) as part of its comprehensive review of international corporate tax systems. CPA submitted public comments to the OECD last week. The…
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Editor’s note: Good news. We need comprehensive tariffs on all Chinese imports. Make them permanent. China is a pariah state. WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and…
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Editor’s Note: Jeff Ferry is chief economist at the Coalition for a Prosperous America, where Arpan Dahal serves as a research assistant. Bill Parks is a member of the coalition’s board and the founder of NRS Inc. in Moscow, Idaho. In this article, the authors argue that a sales factor apportionment system at France’s statutory rate would likely generate more than double the revenue…
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Editor’s note: See this new Senate report on the Chinese government program to transfer or steal knowledge and research from American universities. EXECUTIVE SUMMARY American taxpayers contribute over $150 billion each year to scientific research in the United States. Through entities like the National Science Foundation, the National Institutes of Health and the Department of Energy’s…
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Editor’s note: More mainstream writing in favor of industrial strategy. While the article wrongly criticizes the tariff intervention against China, it rightly states that the US should have an industrial strategy. Side note: tariffs are part of industrial strategy, and often cheaper because you can protect industries without subsidizing them. Washington’s focus on ending Beijing’s…
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