You Can’t Trust a Chinese Audit
Editor’s note: CPA has endorsed the EQUITABLE Act discussed by Senator Rubio in this op-ed. A new bill would ensure that U.S.-listed companies comply with
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US Trade Deficit with China Increases in April
By Steven L. Byers, PhD, CPA Senior Economist The US international trade deficit in goods and services for April 2019 declined slightly to $50.8 billion,
Apple is considering moving iPhone production out of China if tariffs hit 25%
Editor’s note: China will increasingly be carved out of global supply chains. Apple, already grappling with lacklustre response to its latest iPhone line-up, can ill-afford
Tax Changes May be Afoot for Multinational Entities
By David Morse, Tax Policy Associate Director Law 360 reported this week that US Treasury officials believe multinational companies should anticipate new formulas as a part
CPA Briefing Paper: Why Economic Forecasts of the Effects of Trade Action Are Consistently Wrong
Jeff Ferry, Chief Economist Steven Byers Ph.D., Senior Economist June 2019 This Briefing Paper looks at the shortcomings of economic models of trade action, their
Press Release: CPA Endorses Rubio’s EQUITABLE Act as Safeguard for US Investors
Legislation would block unaudited and state-influenced foreign companies from US capital markets Washington. The Coalition for a Prosperous America (CPA) today endorsed the introduction of the
Congress Must Strengthen Buy America Act
Excerpt: “Congress must act to strengthen the Buy American Act, not weaken it, eliminate the incentives for offshoring, and provide incentives for bringing manufacturing back to
Elizabeth Warren’s latest big idea is “economic patriotism”
Editors note: Senator Elizabeth Warren’s economic patriotism plan creates a split with Democrats still dedicated to cosmopolitan globalism. In some ways it is closer to
CPA Op-ed: Treasury overlooks the true culprit behind US dollar strength
Excerpt: U.S. products became globally competitive, and the U.S. trade deficit shrank. In 1988, Congress passed a law requiring the Treasury Department to issue twice-yearly reports
Peter Morici: China is a renegade state
Excerpt: “In President Xi’s mind, China is riding the great arch of history to a place where it makes the rules, and supplicants like the