By Jeff Ferry, CPA Chief Economist Last month, Sen. Marco Rubio (R-FL) published one of the most enlightening and surprising reports from a member of Congress in a long while. Entitled American Investment in the 21st Century, Rubio’s report took a fresh look at the problems ailing the US economy and concluded that there’s a shortage of…
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Editor’s note: Trump is highlighting the dollar misalignment more these days. The fact that he is talking about interest rate difference between the EU and the US means CPA’s education on the issue is working. President Trump recently pushed back against the European Central Bank, claiming the European bloc was unfairly competing against the U.S.…
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Editors note: Good. WASHINGTON — The Trump administration added five Chinese entities to a United States blacklist on Friday, further restricting China’s access to American technology and stoking already high tensions before a planned meeting between President Trump and President Xi Jinping of China in Japan next week. [Ana Swanson, Paul Mozur and Steve Lohr |…
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Editor’s note: The global steel import lobby has sued to challenge the constitutionality of the administration’s 232 steel tariffs. The suit, in CPA’s view, is unlikely to succeed. The Supreme Court this week declined to hear a case challenging the constitutionality of the Section 232 statute, sending the challenge to the U.S. Court of Appeals…
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Editors note: Peter Navarro does a great job defending an aggressive trade stance on China. He and Charles Payne, the news host, reference the letter CPA helped arrange in favor of the tariffs. Peter Navarro, assistant to President Trump, on the Trump administration’s trade negotiations with China. [June 21, 2019 | Fox Business]
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Editorial note: This article references a letter from 600 businesses in favor of tariffs that CPA helped generate last week. If you want to know how money and lobbying affect Washington, look no further than the current tariff spat. [Jon Toomey | June 23, 2019 | Real Clear Politics] Politicians on both sides of the…
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Excerpt: “We are living in a new world—the world of attempted Chinese hegemony—and U.S. policy makers had better adjust, fast.” Forty years ago, China wasn’t a global menace. It is now. U.S. policy on Taiwan needs to catch up. [Seth Cropsey | June 18, 2019 | WSJ] In Hong Kong, hundreds of thousands have taken…
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Editors note: CPA helped put a letter together in favor of the tariffs, to counter a letter by multinational corporation‘s that oppose the tariffs last week. Over 600 American companies support President Donald Trump’s use of tariffs on China. The Daily Caller obtained a letter to be submitted during a public hearing by the Office…
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Editor’s note: In case anyone thought China was a free market, note that they are ordering their national champions to boost monopoly profits. They have economic management tools that we have never thought about. China’s biggest 97 industrial conglomerates, known as the country’s national champions, have been asked to play their part as “stabilisers” in the…
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Domestic manufacturers reaffirm support for tariffs on China Manufacturing groups send joint letter to president endorsing tariffs Washington. Hundreds of independent U.S. producers today joined with industrial and manufacturing organizations to urge continued tariffs on subsidized imports from China. In a letter to President Trump, the collection of manufacturers and industrial groups expressed support for…
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