When will ‘Buy American’ really mean buy American?

Editor’s note: CPA supports strong Buy America rules in government procurement.  Our government’s procurement policy falls far short of its potential to encourage and support good jobs in domestic manufacturing. We need to strengthen domestic sourcing requirements for publicly funded programs, including those intended to repair our failing infrastructure…. [Owen E. Herrnstadt | March 4, 2019…

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Do you care where your burger came from? American cattle farmers do — Washington does not

Excerpt: “The corrupt policy that prevents consumers from knowing from which country the beef they purchase for themselves and their families originated is the best policy the old-guard politicians and their multinational corporations can buy.” For decades old-guard politicians and multinational corporations worked together to satisfy their mutual self-interests – more wealth. They did so with little…

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Trump Says Dollar Too Strong in Renewed Criticism of Powell

Editors note: Dear Mr. President, we have a paper on that.  https://www.prosperousamerica.org/quantifying_economic_growth_job_creation_competitive_dollar  President Donald Trump said Saturday that the U.S. dollar is too strong and took a swipe at Federal Reserve Chairman Jerome Powell as someone who “likes raising interest rates.” [Alyza Sebenius | March 2, 2019 | Bloomberg] The dollar was quoted lower against the…

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More Americans Are Back at Work Making Stuff

Editor’s note: Tariff-armageddon is still not happening. China know that its tariffs were pro-growth for its economy. We are just re-discovering that fact. But we also need to fix the overvalued dollar.  Manufacturing employment has risen for 18 straight months, the longest stretch of gains among nonsupervisory roles since the mid-1990s [Chip Cutter | March…

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Trump’s One Good Appointee

Editor’s note:  Excellent article by Bob Kuttner on Lighthizer and laying out a liberal view of economic nationalism. However there is a significant omission that Trump has been consistent on trade deficits for thirty years. Will Robert Lighthizer restrain Donald Trump’s impulse to take a headline-grabbing and self-defeating China deal? [Robert Kuttner | February 28, 2019…

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US trade demands could take China years to achieve, says Beijing’s ambassador to Washington

Editors note: Beware slow walking. Trade Ambassador Lighthizer knows this risk.  Cui Tiankai says aspects requiring legislation could take ‘five to 10 years’, although some requested measures tally with Beijing’s own plans. Ambassador sees US action against Huawei as separate issue to trade talks but calls pursuit of the Chinese company ‘stupid’ and ‘absurd’ [Owen…

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USTR suggests exclusion process for 10 percent 301 tariffs is not imminent

Editor’s note: CPA has previously informed USTR of the impact of China’s devaluation since the tariffs were put in place. Ambassador Lighthizer’s decision against an exclusion process is based, in part, on that devaluation.  [February 27, 2019 | InsideTrade.com] Despite instructions from the House Appropriations Committee in a government funding package signed by the president…

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