Dollar Hits New Highs, Wreaking Havoc on US & World Economy
The foreign exchange value of the U.S. dollar is soaring on an almost daily basis, causing problems here at home and abroad. There is growing
China Trade Surplus and US Deficit Hit New Records, Driving Global Instability
ecKey Points China’s global trade surplus is heading for a new all-time high this year. Based on the first seven months of data, we estimate
Leading Customs Authorities Make The Case Against De Minimis Commerce
Leading customs authorities make the case against de minimis commerce By Charles Benoit, CPA Trade Counsel “De minimis” treatment for imports, which is available if
Poll: Voters Overwhelmingly Support Prohibiting China from Exploiting De Minimis Loophole
81% of voters think it is important for the U.S. to prohibit certain countries that pose a threat to American workers from being able to
Monthly Trade Deficit Tops $100 Billion for First Time in History
An overvalued dollar is helping to exacerbate the country’s largest-ever trade deficit in goods. The U.S. is on pace for $1.1 trillion deficit in 2022.
Senate GOP Backing China in Anti-China Bill
By Charles Benoit, CPA Trade Counsel An upcoming vote in Congress will be on par with the 2001 decision to grant China Permanent Normal Trade
Deglobalization: An Idea Whose Time Has Come
P&O Ferries is the largest operator of ferryboats between the British Isles and the European Continent, a $1.1 billion company carrying 10 million passengers a
CPA, Independent Retailers Call on Congress to Address De Minimis Loophole Exploited by China
WASHINGTON — The Coalition for a Prosperous America (CPA) today, along with nearly a dozen independent retail associations, called on Congress to address an import
Rep. Blumenauer Wants House Committee to End E-Commerce Loophole
The Oregon congressman remains steadfast in keeping his de minimis bill in a compromised House/Senate bill that will ultimately merge USICA with the COMPETES Act.
CPA Applauds Passage of House China Competition Bill
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the House passage of the America COMPETES Act of 2022 (H.R. 4521), the House’s
