Editor’s Note: The most massive producer subsidy program in world history keeps chugging along as China drenches the production sector with another $115B in newly minted renminbi plus forced lending requirements. The country’s central bank will in effect inject $115 billion into the financial system despite signs the economy has been improving. [Carlos Tejada and…
CPA’s year in review | 2019
By David Lynn, Ph.D. President Trump is doing what no other president has ever done on trade—actually making progress as opposed to uttering empty rhetoric and finger-wagging. Trump, through the unilateral use of tariffs and their impact on the Chinese economy, has brought the CCP to the negotiating table. The Chinese are now seriously worried…
Editor’s note: Just three years ago, the conventional wisdom was that the US could do nothing about China’s behavior or its inevitable rise to become the biggest world economy. The conventional wisdom has changed for the better. US President Trump has been super proud of the accord, while Beijing’s response has been notably muted. But the trade talks…
Editors note: CPA is now quoted regularly in The Epoch Times, a newspaper founded and operated by Falun Gong Chinese dissidents. The terms of a phase-one trade deal between the United States and China would keep some tariffs at their current level and roll some back—but a coalition of more than 260 American manufacturers have…
Editor’s note: Ambassador Lighthizer is effective and nonpartisan. Just like CPA. WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer was looking forward to some holiday peace and quiet after wrapping up trade deals with the United States’ most important trading partners – China, Mexico, and Canada – last week. Andrea Shalal | December 20, 2019…
Editor’s note: Lighthizer’s statement that the China deal is “totally done” means that any changes by Beijing will not be considered. If a red-lined version comes back like earlier in the year, it will be unacceptable. WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump’s top trade negotiator praised a “phase one” U.S.-China trade deal which is…
from Michael Stumo, CEO After a call with the White House and Office of US Trade Representative regarding the US-China Phase 1 trade deal today, I would like to share what I have learned with our CPA members. The agreement has several chapters, the Chinese are translating it into Chinese, and no language has been…
Editor’s note: CPA is pleased the tariffs are not removed, as news reports suggested. See our full statement here Washington, DC – The United States and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the…
CPA members see tariffs working, want them made permanent Washington. The Coalition for a Prosperous America (CPA), which represents producers throughout the nation’s heartland, is pleased that President Trump’s Phase One deal with China appears to be keeping the current tariffs in place and adding some tariffs to additional imports on December 15. “The tariffs are…
