House Capital Markets Committee Tackles Wall Street’s China Ties
A recent House Committee hearing on capital markets and China took on the question of sanctions and delisting. Is there more to come?
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Boston Celtics Banned for Criticizing China. One Day, These Companies Will Have to Pick a Team
A Boston Celtics player gets the NBA team in trouble in China. But Enes Kanter is showing companies what is truly at stake if they dare go against a CCP narrative.
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House Committee Doubt’s China’s Climate Change Promises, Worries About Solar
A House Foreign Affairs Committee hearing this week on climate change discusses the prevalence of green finance. And a growing distrust over China’s commitments and its solar supply chain, especially in Xinjiang.
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CPA Applauds Brown, Baldwin Letter to USTR Tai Urging Support of U.S. PPE Production & to End Tariff Exclusions on Chinese PPE
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Sherrod Brown (D-OH) and Tammy Baldwin (D-WI) for leading a letter to United States Trade Representative (USTR) Katherine Tai requesting that 301 penalty duties be assessed to all imported finished state personal protective equipment (PPE) and key raw material inputs, including single-use…
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House Committee Hearing on Small Business Supply Chains Forgets About Reshoring
A House committee hearing on the impact of the supply crisis on small businesses left out one key solution: import less, make more here.
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CPA Urges USTR Tai Not to Expand 301 Tariff Exclusions on Chinese Imports
WASHINGTON — The Coalition for a Prosperous America (CPA) today urged U.S. Trade Representative Katherine Tai to not expand exclusions to Chinese imports subject to Section 301 tariffs. Currently, the Biden administration is reviewing 549 products currently subject to 301 tariffs imposed on Chinese imports. CPA strongly supports the current 301 tariffs on Chinese imports…
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CPA Letter to USTR Tai on Section 301 Tariff Exclusions
CPA sent the following the letter urging U.S. Trade Representative Katherine Tai to not expand exclusions to Chinese imports subject to Section 301 tariffs. Dear Ambassador Tai: We write to urge the Biden Administration not to expand the exclusion process beyond the current review of 549 products subject to our China tariffs imposed pursuant to…
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Generic Drug Shortages and How a Race to the Bottom in Price has Upended 30 years of Hatch-Waxman
CPA’s report, titled “Generic Drug Shortages and How a Race to the Bottom in Price has Upended 30 years of Hatch-Waxman,” details how a loophole in the Hatch-Waxman Act has led to generic drug shortages in the U.S., offshoring of America’s domestic production of generic pharmaceuticals to China and India, and price gouging by foreign…
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Tariff Incidence in the Real World: Why Consumers (Mostly) Didn’t Pay the Steel Tariffs
Summary points: The import price of steel fell in the period following the 2018 imposition of a 25% steel tariff, an indicator that steel tariffs were not passed entirely onto consumers. Steel tariffs did not lead to a proportional rise in consumer prices of steel-intensive goods, such as automobiles. In many instances, firms will internalize…
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New CPA Report Documents How Hatch-Waxman Act Loophole Led to Offshoring of Generics Production, Price Gouging, and Shortages
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new academic report that details how a loophole in the Hatch-Waxman Act has led to generic drug shortages in the U.S., offshoring of America’s domestic production of generic pharmaceuticals to China and India, and price gouging by foreign companies in the U.S. The…
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