WASHINGTON — The Coalition for a Prosperous America (CPA) today announced its support for Katherine Tai’s nomination to serve as U.S. Trade Representative (USTR). CPA is the only national, bipartisan organization representing exclusively domestic producers across many sectors of the U.S. economy. CPA believes in working towards a new and positive U.S. trade policy that…
By Kenneth Rapoza, CPA Industry Analyst Following her Senate hearing, future USTR Katherine Tai responds to written questions. Here’s how she handled questions on the Section 301 China tariffs, solar and Biden’s Made in America Executive Order. Fresh off her hearing with the Senate Finance Committee, Biden’s pick for USTR, Katherine Tai, has now responded…
Washington. The Coalition for a Prosperous America (CPA) has hired Nick Iacovella as its new Communications Director. Iacovella, who begins work today at CPA, will engage with national media on behalf of CPA and its members. He previously served as Deputy Director of Communications for Sen. Marco Rubio (R-FL) and Director of Communications for the…
WASHINGTON — The Coalition for a Prosperous America (CPA) today recommended that President Joe Biden should address the overvaluation of the U.S. dollar in order to bring back manufacturing jobs to the United States as part of his administration’s Build Back Better initiative. As first reported by The New York Times, CPA presented ideas on…
By Kenneth Rapoza, CPA Industry Analyst China is increasing its coal capacity at a time when the US and Europe are increasingly worried about climate change. The Biden administration has come out with at least two major talking points (three, if you count diversity and inclusion) since winning the White House. Both run counter to…
How does trade work when we don’t have a free trade agreement in place? What kind of tariffs do we have in place? Melissa speaks with Chuck Benoit, CPA’s Trade Counsel, to talk about this issue and why it’s time to reform our default tariffs.”
By Kenneth Rapoza, CPA Industry Analyst Katherine Tai inches closer to being confirmed as new US Trade Representative. While she spoke cautiously about the direction tariffs will take on China and some products like solar, she understands their purpose. Here’s an overview of her hearing on Thursday. After Thursday’s Senate Finance Committee hearing with Katherine…
America’s automotive industry has been rocked in recent weeks by a global shortage of computer chips. The problem has become so serious that GM has halted operations at three plants and Ford has curbed production of its big moneymaker, the F-150. Each company could lose several billion dollars in revenue this year. The automakers are scrambling to locate…
Important step toward rebuilding domestic manufacturing capacity Washington. The Coalition for a Prosperous America (CPA) today praised a new executive order by President Biden intended to “strengthen the resilience of America’s supply chains.” Specifically, the order will require an immediate study of domestic U.S. manufacturing capacity in key industries. The order further requires federal departments…
By Steven L. Byers, PhD, and Jeff Ferry Key Points The CPA Reshoring Index (CRI) came in at 69.0 in Q3 2020, a decline of 165 basis points (1.6 percentage points) as compared to the Q2 level of 70.6, indicating that US manufacturers lost share to imports in Q3. US manufacturing production rose sharply in…
