Editor’s note: Fed nominee Judy Shelton argues that the Fed has previously been required to address trade deficits in its policies and should again. Lawmakers in the past have broadened the central bank’s goals, directing it to boost U.S. competitiveness. [Judy Shelton | September 16, 2019 | WSJ] The role of the Federal Reserve as…
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Editor’s note: Pharmaceutical ingredients from China are uninspected, contaminated with carcinogens, and often simply ineffective. We need to rebuild this supply chain in the US. An FDA quality-control nightmare reveals how impurities end up in America’s blood pressure pills. [Anna Edney, Susan Berfield, and Evelyn Yu | September 12, 2019 | Bloomberg] The chemical N-Nitrosodimethylamine,…
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Editors note: the Democrats need to be more aggressive on trade to be effective leaders. [Andrew Soergel | September 12, 2019 | U.S. News] The tightrope that Democratic presidential hopefuls are attempting to walk on the trade and tariffs front was perhaps best exemplified by Ohio Rep. Tim Ryan’s response to a question about…
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Section 301 Tariffs On China, Part 4 Editor’s note: Part Four of a series on the Section 301 tariffs on Chinese products by CPA Buy American Committee co-chair James Stuber. Read part three here [James Stuber | August 28, 2019 | The American Dossier | Part four of a four-part series] In the previous…
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Section 301 Tariffs On China, Part 3 Editor’s note: Part Three of a series on the Section 301 tariffs on Chinese products by CPA Buy American Committee co-chair James Stuber. Read part two here [James Stuber | August 22, 2019 | The American Dossier| Part three of a four-part series] Many commentators bemoan the higher…
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Excerpt: Consumers are not seeing the prices increases that economists predicted. Inflation is extremely low — and remains unaffected by tariffs. Think all Americans are shouldering a big burden because of Trump’s key actions against China over trade cheating and more? [Michael Stumo | September 6, 2019 | LifeZette] Economists have a day of reckoning…
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Section 301 Tariffs On China, Part 2 Editor’s note: Part Two of a series on the Section 301 tariffs on Chinese products by CPA Buy American Committee co-chair James Stuber. Read part one here [James Stuber | August 13, 2019 | The American Dossier| Part two of a four-part series] The forced technology transfers and…
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Editor’s note: Industrial policy is needed in the pantheon of fiscal, tariff, exchange rate and monetary policies. The US needs to get good at it, with metrics. And use tariffs to neutralize waves of subsidized competition from determined foreign governments. Daily Caller News Foundation Editor’s note: This piece is part of American Renewal, a new policy…
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Editor’s note: The massive phantom foreign direct investment described in this article shows why CPA’s proposal for sales factor apportionment is needed for the US tax system. If companies were taxed, as we propose, on profits from sales in the US, shifting their profits to shell companies other countries would no longer benefit them. Empty…
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Editors note: This is a good move. Gov. Andrew Cuomo wants to make permanent a bill requiring New York’s big infrastructure projects to use American-made steel and iron, he said Saturday. [Eileen AJ Connelly | September 7, 2019 | NY Post] The “New York Buy American Act,” which first took effect in April 2018 and…
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