Ambassador Robert Lighthizer issues Statement on Release of August 2020 Trade Data

CPA’s Take: Today USTR Robert Lighthizer took the unusual step of issuing a statement on today’s monthly trade figures. Washington, DC – Ambassador Robert Lighthizer issued the following statement today concerning the August 2020 trade data released by the U.S.Department of Commerce:  [FOR IMMEDIATE RELEASE | October 6, 2020 | USTR.gov] “The trade data released today…

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Modeling the Effect of the Market Access Charge on Exchange Rates, Interest Rates and the US Economy

This Working Paper examines the impact of the proposed Market Access Charge (MAC) on international capital inflows into the US economy and the domestic US economy. We build a model including the relationships between US capital flows, the dollar exchange rate, US trade, and the US domestic economy. Our conclusion is that a 5% MAC…

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