Requires securities issuers to disclose activities in Xinjiang, China Washington. The Coalition for a Prosperous America (CPA) today praised House passage of the Uyghur Forced Labor Disclosure Act of 2020 (H.R. 6270). The legislation, led by Rep. Jennifer Wexton (D-VA) along with Reps. Brad Sherman (D-CA), Eleanor Holmes Norton (D-DC), and Andre Carson (D-IN), would…
CPA’s Take: James Stuber is the co-chair of CPA’s Buy American Committee. “When I had my ‘lightbulb moment,’ the realization that America which invented the lightbulb no longer made one, I also realized that the societal costs of offshoring manufacturing was disastrous,” James A. Stuber told Worth. [Jonathan Russo | September 29, 2020 | Worth] James A.…
By Kenneth Rapoza, CPA Industry Analyst A handful of law firms are suing Robert Lighthizer and the US government for China tariffs. One advises Customs & Border Protection. The other is DC’s biggest lobbying firm, and working on ZTE lawsuits. The US put tariffs on China. Some companies were mad. Over 3,500 of them, according…
Clinton’s failed policy positioning China as world superpower This month marks 20 years since the U.S. Senate voted to approve “normalized” trade with China. It was a mistake that now threatens to help position China as the world’s superpower. [Michael Stumo | September 23, 2020 | Duluth News Tribune] At the time, President Bill Clinton…
Bill would ban imports produced through forced labor Washington. The Coalition for a Prosperous America (CPA) today strongly praised House passage of the ‘Uyghur Forced Labor Prevention Act’ (H.R. 6210).The bill, which passed by an overwhelming 406-3 margin, would designate most goods produced in the Xinjiang Uyghur Autonomous Region of China as being manufactured through…
Report on the House Ways & Means Committee’s Trade Subcommittee Hearing on September 17, 2020. by Kenneth Rapoza, CPA Industry Analyst Thursday’s Trade Subcommittee hearing at the House and Ways Means Committee had just one industry leader providing testimony on the Xinjiang, China ban and the biggest takeaway is that tracing sources of supply is…
By Kenneth Rapoza, CPA Industry Analyst The Customs and Border Protection Agency has been alerted and is taking action against loopholes in the China Section 301 tariffs found in low value e-commerce. Customs and Border Protection is looking to close a loophole allowing goods priced at under $800 to escape the China trade war tariffs.…
Supports Federal Transit Administration challenge to China railcar contract Washington. The Coalition for a Prosperous America (CPA) today praised a Federal Transit Administration (FTA) call for American-made railcars in purchases by the Washington Metropolitan Area Transit Authority (WMATA). In a letter to WMATA General Manager Paul Wiedefeld, FTA Deputy Administrator K. Jane Williams urged the agency…
Each year, the Office of the U.S. Trade Representative (USTR) produces a report on China’s compliance with its World Trade Organization (WTO) commitments. Ahead of this year’s report, the Coalition for a Prosperous America (CPA) has submitted comments to the USTR. CPA’s letter focuses on China’s many broken promises, particularly in the automotive and electric…
By Kenneth Rapoza, CPA Industry Analyst Labor and human rights move to the fore in dealing with China. Sourcing cotton or computer equipment from Xinjiang? Look out. This week, Customs and Border Protection issued orders to block imports from five new companies stationed in Xinjiang, the infamous Western China province that is home to “re-education…