Currency Misalignment Monitor, September 2023
The U.S. dollar fell slightly in our currency model, with overvaluation declining six tenths of a percentage point to 14.6% in this month’s CMM.
The U.S. dollar fell slightly in our currency model, with overvaluation declining six tenths of a percentage point to 14.6% in this month’s CMM.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for July was 85.09, down 0.41% from June. After several months of strong, high-quality job growth in the first half of 2023, the decline of the index reflects that job growth in the economy is slowing. Most of…
Manufacturers from California, Wisconsin, Illinois and Ohio tell Congressmen that more needs to be done to compliment tariffs on China.
President Biden’s long-awaited Executive Order (EO) on outbound investment to China, released Wednesday, August 9, 2023, left much to be desired from CPA’s perspective.
The Biden executive order simply doesn’t go far enough — or in a timely enough manner — to address China’s rapid growth in advanced technologies that pose both civilian and military challenges for the United States.
Key Points Steel imports from Mexico have surged in recent years. Some steel products, such as rebar have increased by several thousand percent over previous import levels. Mexico has violated the 2019 U.S.-Mexico agreement to maintain steel imports at past levels. The agreement was made when Mexico was exempted from the 25% steel tariffs under…
Tighter export controls, use of CHIPS Act can halt China’s strategy to dominate global market WASHINGTON — A new report, titled Cash Over Country, co-written by the Coalition for a Prosperous America (CPA) and China Tech Threat (CTT) details how three leading American semiconductor equipment manufacturers (SEMs)—Applied Materials, KLA and Lam Research—are supporting China’s flourishing…
It is delusional to believe that a 21st century nation can achieve sustained economic growth and a thriving middle-class without manufacturing.
Unless Mexico immediately adheres to its 2019 steel obligations, the U.S. should reimpose Section 232 tariffs on Mexican steel imports.
The U.S. China Economic & Security Review Commission heard from witnesses about keeping auto tariffs on China, and more incentives for manufacturing to reshore.