Editor’s note: Excellent piece on the imbalances caused by Germany. Michael Stumo, CEO of CPA, met with German officials last week and they privately admit this problem. But why end the party? HAMBURG, Germany — Most people can agree that international affairs should not be conducted by tweet — especially when the tweeter in question is Donald…Details
Editor’s note. CPA believes this is a reasonable decision to protect the US economy from China’s tech theft and predatory economic strategy. It can also address downstream dumping. President Trump on Monday night upped the ante in his administration’s trade feud with China by ordering U.S. Trade Representative Robert Lighthizer to identify $200 billion worth of Chinese…Details
Editor’s note: The US Trade Ambassador provides a good summary of the reason for the China tariffs and what we can expect in the future.
“War is the continuation of politics by other means,” wrote famed Prussian military theorist Carl von Clausewitz. In our time, international trade is becoming the continuation of war and politics by other means. This goes far beyond simple, old-fashioned “trade wars” intended to protect jobs or provide government revenue. [Lowell Ponte | June 17, 2018…Details
If someone were to break into your house and steal your TV, you’d hope the police would catch them. And if they broke in a second or third time, you’d want tough action. The last thing you would do is say, “That’s OK, I don’t mind.” Op-ed By Michael Stumo, CEO of CPA, originally appeared…Details
Not everybody is opposed to President Donald Trump’s tariff moves against $34 billion in Chinese goods. [Chris Clayton | June 17, 2018 | The Progressive Farmer] Senate Minority Leader Chuck Schumer, D-N.Y., in an interview Sunday on a New York radio program, agreed with Trump that China doesn’t treat the U.S. fairly. “It’s going to…Details
Dan DiMicco, former Nucor CEO, discusses the White House’s newly announced tariffs on Chinese goods.
CPA member companies and organizations had this to say about the section 301 tariffs announced by the White House today. Roddey Dowd, Jr., CEO, Charlotte Pipe and Foundry Co.: Our company has been the victim of intellectual property theft. A company in China markets our products throughout Asia using our logo. Charlotte Pipe strongly supports…Details
Washington. The Coalition for a Prosperous America (CPA), which includes more than 4 million members in the manufacturing, agricultural, and labor sectors, today strongly praised the Trump Administration’s implementation of new tariffs on $50 billion worth of Chinese goods produced via intellectual property theft, forced technology transfer, and cyber attacks. CPA sees this Section 301 tariff…Details
Editors note. Another US industry China is trying to takeover using taxpayer funds. Rahm Emanuel, the Chicago mayor, is helping the Chinese rather than working for American companies and workers. The Chinese Communist Party (CCP) is taking steps to control the U.S. rail industry, leveraging state funding to undercut competitors, force private companies out of…Details