Coalition Letter Regarding the COMPETES Act’s Inclusion of Legislation to Address De Minimis Loophool

CPA joined the following coalition letter in support of the inclusion of Representative Earl Blumenauer’s (D-OR) Import Security and Fairness Act in the America COMPETES Act, House Democrats China competition bill. CPA strongly supports the Import Security and Fairness Act, which will narrow an import loophole, known as de minimis, that is used by non-market…

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Intel Memory Deal Must Be Re-Examined For China Tech Transfer Threat

Last year, America’s largest chipmaker, Intel, agreed to sell its memory chip business to South Korean memory chipmaker SK Hynix for $9 billion, part of the routine musical chairs of tech companies repositioning their assets. But in the past month, disturbing reports have emerged that China may be imposing forced technology transfer on these companies…

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CPA: Reported White House Decision on Section 201 Solar Safeguards would Decimate U.S. Solar Manufacturers

Decision would go against 90% of voters who want to manufacture solar panels in the U.S. WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after reports that the White House is considering extending the Section 201 solar safeguard tariffs on Chinese imports, but excluding imported bifacial solar products. If the White…

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CPA: Biden Administration Should Ignore WTO Ruling in Favor of CCP

WASHINGTON — The Coalition for a Prosperous America (CPA) released the following statement after a World Trade Organization (WTO) arbitration panel authorized China to impose retaliatory tariffs worth $645 million on imports from the U.S. in a case from 2012 regarding Chinese subsidies to promote exports of products such as solar panels and steel pipes:…

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The Trade Deficit is Worse Than We Thought: De Minimis Hides $128 Billion of U.S. Imports

            Summary: This is the first ever estimate of substantial missing import data due to the U.S de minimis program. The “de minimis” provision of U.S. customs law allows imports valued at less than $800 to enter the U.S. duty-free. The impact of de minimis on the U.S. economy is large and getting larger. We…

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Alternative Pillar 1 Formulas for International Fairness

by Jeff Ferry and David Morse Jeff Ferry is chief economist and David Morse is tax policy director at the Coalition for a Prosperous America. They thank Mary Hollenbeck for her data collection and additional research for this article.In this article, Ferry and Morse examine the advantages and disadvantages of pillar 1 of the OECD…

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CPA Applauds Trade Title of House China Competition Bill

“Most pro-worker trade legislation introduced in Congress in decades.” WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the trade title of House Democrats’ China competition bill, the America COMPETES Act of 2022, which contained a number of provisions that CPA supports and encouraged the House to include. The trade title of House…

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