Editors note: reporter Neil Irwin needs to explain why China’s 24 year trade war with US was pro-growth for them. Why did taxing consumers with tariffs, yuan devaluation, etc cause growth not harm? There’s no question that some American companies are feeling the bite of the trade war that the Trump administration is waging against…
Details
USDA announcement a good first step. More strategy needed. Washington, DC. The Coalition for a Prosperous America (CPA) expressed support for today’s US Department of Agriculture’s (USDA) announcement of aid for US farmers and ranchers. After the Trump administration’s recent imposition of tariffs on China’s hacking, cyber espionage, and forced technology transfer, Beijing responded with punitive tariffs…
Details
Editors note: This article demonstrates that China has never played fair and unless something is done, they will continue to play unfair. FBI Director Christopher Wray on Tuesday reiterated a commonly held view among US intelligence officials that China is seeking to become a global superpower through unconventional means — but he framed it as both a…
Details
President Trump in an interview that aired Friday said that he’s “ready to go” with $500 billion in tariffs on China after already slapping the country with a series of tariffs. [JACQUELINE THOMSEN | July 20, 2018 | The Hill] Trump said in an interview with CNBC that the U.S. is “down a tremendous amount” in terms of…
Details
Editors note: This is an important interview. Larry Kudlow, White House Economic Advisor, talks to CNBC’s Jim Cramer about tariffs and trade. He says the WTO is broken, the China problem is getting worse and he largely agrees with Peter Navarro. Kudlow is still not sure about whether the trade deficit is bad. But has…
Details
Editor’s note: America should consider withdrawing from the international agreements that require our postal service to subsidize cheap shipments of products direct from China. As the rates of the U.S. Postal Service continue on their precipitous ascent, how cheaply Chinese merchants are able to ship their products thousands of miles across the world to the United States has…
Details
When the Trump administration imposed 25% tariffs on steel imports in March this year, some other nations loudly criticized the move. Now, surprise, surprise, they are shifting gear—and jumping on the tariff bandwagon. This week, both the European Union and Canada have taken steps towards blocking excessive imports of steel into their markets. The European…
Details
Editor’s note. This article show how bipartisan trade reform is. If President Trump has been clear on one thing, it’s that globalized trade is a raw deal for American workers. [Jeff Spross | July 16, 2018 | The Week] Of course, most mainstream economists and commentators do not agree, to put it mildly. They see…
Details
Editorial note: This article is significant because it demonstrates how the business press is coming around to the fact that free trade and globalization have produced big problems. CPA has been communicating with this reporter for several years on the topic. I’ve been feeling a little worried about job security lately. I am the global…
Details
Editors Note: CPA Advisory Board Member, Pat Mulloy, appeared as guest speaker on The Bill Walton Show to discuss the Chinese election where Xi Jinping was voted “President for Life.” With this vote they proclaimed that China is now realizing its dream of national rejuvenation, and it’s grand strategy to restore its Empire.