Editor’s note. This article reveals more EU “protectionism” as they placed tariffs on solar panels before the US did in January. As the US stops allowing China oversupply to flow here, the EU will act more aggressively to avoid being the new dumping ground. The Commission is studying a request from at least one EU…Details
It’s been a rough ride for America’s manufacturers in recent years. They have had to persevere in the face of continued dumping and subsidies on the part of trading partners. Plus, an overvalued dollar has further weakened their exporting competitiveness. Op-ed originally appeared on LifeZette June 17, 2018 When it comes to high-tech goods, however,…Details
Washington. The Trump administration has announced a potential round of further tariff measures against another $200 billion of Chinese imports in response to Beijing’s intransigence on hacking and intellectual property theft. The Coalition for a Prosperous America (CPA) supports the administration’s decision in light of China’s decision to retaliate and double down rather than change its…Details
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.