Wall Street will have to get used to a weaker dollar. If not, trillion-dollar trade deficits will be the norm. This comes at great expense to America’s industrial base, and the middle class.
Details
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding closed door negotiations in the Organization for Cooperation and Economic Development (OECD) on how to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. The negotiations have two separate…
Details
The Last Word | A Return to American Made By Greg Owens Steel is in short supply in the U.S. and prices are surging, which drives up costs and squeezes profits. U.S. steel prices are 68% higher than the global market price and almost double China’s. The price gap is so wide that even with…
Details
August was another big month for imports, with consumer goods leading the way. At this rate, the U.S. will post over a $1 trillion deficit in 2021, a record-breaker.
Details
Katherine Tai spoke to CSIS this week about China. Some takeaways were better than others.
Details
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following U.S. Trade Representative (USTR) Katherine Tai’s speech at the Center for Strategic and International Studies (CSIS) outlining U.S. trade policy with China. CPA is the leading national, bipartisan organization representing exclusively domestic producers and workers across many sectors of the U.S.…
Details
US Trade Representative Katherine Tai says Trump-era tariffs are effective against China. We expect fervent corporate pushback in the months ahead as Phase One trade deal expires, as well as other tariffs next spring.
Details
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after five Chinese solar companies—LONGi Green Energy, JinkoSolar, Trina Solar, JA Solar and Risen Energy—issued a statement in a blatant attempt to undermine the Biden administration’s trade enforcement actions and scare the U.S. solar industry into manufacturing a crisis. Four of these…
Details
WASHINGTON — The Coalition for a Prosperous America (CPA) sent a letter to Secretary of Commerce Gina Raimondo and Secretary of State Antony Blinken supporting the Biden administration’s efforts “to support domestic aluminum production and American workers” and “efforts to continue to defend against unfettered imports and maintain the efficacy of the Section 232 program,…
Details
CPA sent the following letter to Secretary of Commerce Gina Raimondo and Secretary of State Antony Blinken supporting the Biden administration’s efforts to support domestic aluminum production and American workers. CPA urged Raimondo and Blinken to support the administration’s efforts to continue to defend against unfettered imports and maintain the efficacy of the Section 232…
Details