U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts

U.S. Trade Policy: Over Half a Century of Unreciprocated Tariff Cuts By Amanda Mayoral, CPA Economist   Summary Points: The US held high tariff rates from 1816 until the middle of the 20th century The US then cut tariffs more than most countries, often unilaterally, without also requiring tariff reductions by others Today, the US has…

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“China Shock” Economists Try to Make the Profession See Reality

A new paper by the “China Shock” economists adds to the growing mountain of literature documenting the costs of free trade events to the U.S. economy over the past half century.  Their new paper, On the Persistence of the China Shock, shows that increased unemployment, protracted withdrawal from the labor force, and other social ills…

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CPA Supports Democrats’ Effort to Reduce Multinational Profit Shifting and Exploitation of International Corporate Tax System

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement on provisions within the House-passed Build Back Better Act (H.R.5376) that seek to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. Specifically, the reforms in the legislation would change…

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CPA: New Buy America Waiver Guidelines Bring Much-Needed Transparency

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Made in America Office at the Office of Management and Budget (OMB) for unveiling a new Buy America waiver transparency process on Wednesday. Under this new guidance, the 24 largest federal agencies must enter proposed non-availability waivers into a digital portal on the…

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CPA Testimony to House Financial Services Committee Regarding Wall Street Financing the CCP’s Exploitation of Global Natural Resources and Risks to American Investors

CPA National Security Advisory Robby Stephany Smith submitted written testimony to the House Committee on Financial Services, Subcommittee on National Security, International Development and Monetary Policy regarding their hearing that explored the capital available to rogue regimes and international malign actors via their exploitation of the globe’s vast natural resources, including minerals, timber, and other…

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CPA Releases New Economic Report on Re-Shoring the U.S. Bike and E-Bike Industry

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new economic report outlining a comprehensive plan to re-shore the U.S. bike and e-bike industry, which would create thousands of new U.S. manufacturing jobs, reduce U.S. dependence on China, and generate economic growth in an industry that is increasingly using advanced technology. The…

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