The Coalition for a Prosperous America (CPA) expressed support for President Trump and his trade team taking aggressive and unconventional steps to craft a new trade arrangement with Mexico. We continue to study the newly announced agreement. “This is another example of President Trump living up to his campaign promises by renegotiating or terminating the…
Editor’s note. The latest on potential auto tariffs. President Donald Trump said Tuesday night that the U.S. would slap a 25 percent tariff on cars coming from the European Union [Mike Calia | August 21, 2018 | MSN] The president’s statement came hours after The Wall Street Journal reported that Commerce Secretary Wilbur Ross said he had postponed an August timeline to publish…
Editor’s note. This is an interesting idea. Probably WTO illegal but worth it. Sen. Sherrod Brown’s legislation also seeks to remove a tax incentive for offshoring auto jobs. [ ELIZABETH BROTHERTON-BUNCH |, AUGUST 21, 2018 | Alliance for American Manufacturing ] Earlier this summer, General Motors announced it is cutting a shift at its plant in Lordstown, Ohio,…
In recent months, President Donald Trump has imposed much-needed tariffs to address China’s 24-year trade war and commercial espionage campaign targeting America. Instead of changing course, China has imposed tariffs on fairly traded goods from the United States. While President Trump’s moves are aimed at helping U.S. manufacturers, we need additional strategies to help farmers…
Editor’s note: CPA’s position on NAFTA is “mend it or end it”. President Trump speaks during a meeting with state leaders about prison reform at Trump National Golf Club in Bedminster, N.J., last week. [ William Mauldin | Aug. 16, 2018 | WSJ] WASHINGTON—President Trump told trade negotiators to take the time they need to strike…
Trump’s critics warn that tariffs will harm workers and the U.S. economy. But China’s economic history suggests otherwise. Op-ed by Jeff Ferry originally appeared in USA Today on August 17, 2018 President Trump‘s fresh tariffs on $34 billion in Chinese goods set the stage for price increases hitting American companies and consumers. So how does…
There are 20 times as many American jobs that have been created in the last six months thanks to President Trump’s tariffs on imported foreign goods than jobs that have been lost. [John Binder | August 17, 2018 | Breitbart] Research by a Coalition for a Prosperous America (CPA) finds that the number of U.S. jobs gained…
By Jeff Ferry, CPA Research Director Turkey’s currency crisis is threatening the Turkish economy and there is a genuine risk that this could spill over into other emerging market economies with excessive foreign indebtedness. There’s even a risk this could lead to a worldwide recession as the aftereffects boomerang back on to the advanced nations…
Editor’s note: The press, the free traders and the globalists continue to seek compromise. Treasury Secretaries Hank Paulson, Tim Geithner and Jack Lew also tried talking with China to seek compromise and failed. China’s bid to become the global superpower is unlikely to change soon. Chinese and U.S. negotiators are mapping out talks to try…
11,100 Job Gains vs. 514 Job Losses So Far Washington. Earlier this week, the Coalition for a Prosperous America (CPA) published details of its new ‘Tariff Job Creation Tracker’ that tallied US manufacturing jobs gained in the wake of recent tariff actions. CPA found 11,100 jobs announced or planned in four major sectors affected by tariffs. These results…