You might think from recent press accounts that Steve Bannon is on the ropes and therefore behaving prudently. In the aftermath of events in Charlottesville, he is widely blamed for his boss’s continuing indulgence of white supremacists. Allies of National Security Adviser H.R. McMaster hold Bannon responsible for a campaign by Breitbart News, which Bannon…
Washington ~ The Coalition for a Prosperous America appreciates US Trade Ambassador Robert Lighthizer’s focus upon the trade deficit and rules of origin in NAFTA renegotiations. CPA supports the fact that major reform is needed for NAFTA to benefit American workers and businesses. If major reform cannot be achieved, walking away from NAFTA should be…
President Trump took a bold step forward by reiterating his commitment to American workers as he continues to fight to end this American “carnage.” [Corey Lewandowski | August 17th, 2017 | The Hill] Working with the Department of Commerce, the Trump administration just received a report through a Section 232 national security probe into imports of steel. The…
By Jeff Ferry, CPA Research Director The Trump administration’s rumored Section 301 investigation of Chinese trade practices opens up a new front in the ongoing “trade wars” with China, this time over intellectual property. A key event driving concern over Chinese use or abuse of foreign intellectual property was China’s publication of an ambitious industrial…
Recent trade figures from the Department of Commerce show the U.S. international trade picture continues to deteriorate. The U.S. trade deficit in June hit $43.6 billion, almost the same as the year-ago June level of $43.8 billion. But for the first half of this year, at $276.6 billion, the trade deficit is 10.7 percent larger than…
The usually sensible Brad DeLong is very unhappy with those who oppose the agenda that has passed for globalization over the last three decades. He argues that people are foolish for believing that globalization has had a major impact on employment and the distribution of income in recent years. I’ll take the side of Brad’s “fools” in…
Even as regulators at home and abroad block deals, Chinese acquirers will spend $1.5 trillion buying companies abroad in the next decade, 70%more than the previous 10 years, Linklaters LLP said in a report on July 8. [Sarah Syed | August 08, 2017 | Industry Week] Government policies encouraging Chinese companies to invest in manufacturing…
CPA welcomes and supports the tough approach on trade in the Democrats’ new policy document announced last week. Entitled “A Better Deal on Trade and Jobs,” the new policy document focuses on the large costs to US workers and companies of unfair trade practices and the huge, sustained US trade deficit. It proposes a broad…
The Coalition for a Prosperous America welcomes and supports the Trump administration’s planned investigation of China’s trade practices under Section 301 of the 1974 Trade Act. According to press reports, the Trump Administration is close to launching an investigation that would likely focus on Chinese trade practices that violate the intellectual property (IP) rights of…
By Jeff Ferry, CPA Research Director New trade figures from the Department of Commerce show the US international trade picture continues to deteriorate. The US trade deficit in June hit $43.6 billion, almost the same as the year-ago June level of $43.8 billion. But for the first half of this year, at $276.6 billion, the…