Repealing China’s Most Favored Nation Status: What it Means for U.S. Manufacturers and Workers
Two bills circulating in the Senate want to repeal China’s Most Favored Nation trading status. CPA trade lawyer Charles Benoit explains what it means.
Two bills circulating in the Senate want to repeal China’s Most Favored Nation trading status. CPA trade lawyer Charles Benoit explains what it means.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded legislation introduced by U.S. Senator Josh Hawley (R-MO) that would revoke China’s Most Favored Nation (MFN) tariff status. This is a critical first step to reduce our import dependency on China. Too many transnational enterprises continue to lean on China for sourcing for the…
This tribute was originally published in Tax Notes on March 20, 2023. Bill Parks of Moscow, Idaho, was an American patriot in the best way possible. William Parks (known as Bill to everyone) died the evening of March 5 near Boise. Bill will be remembered for his passion for the natural world, the many people he impacted, and his…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced its strong support for bipartisan legislation introduced by U.S. Senators Thom Tillis (R-NC) and Sherrod Brown (D-OH). Their bill, the Fighting Trade Cheats Act of 2023, would strengthen U.S. trade law enforcement and also give domestic American manufacturers the ability to sue companies that…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement calling on Congress to oppose a free trade agreement (FTA) with Taiwan. As The Wall Street Journal recently reported, “U.S. and Taiwan moved a step closer toward a bilateral trade and investment initiative.” However, an FTA with Taiwan would do little to…
Imports take 97% of the US bicycle market. China dominates but Cambodia, Vietnam shares grow as tariffs bite.
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding a report by the U.S. International Trade Commission (USITC) analyzing the effects of Section 232 and Section 301 tariffs on more than $300 billion of U.S. imports. The USITC report found that the tariffs reduced imports from China, effectively stimulated more…
House China Committee talks China. No war talk. But plenty of worry. What was said at the first ever hearing, one of Capitol Hill’s best hearings this year.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by a tiny 0.016% in January to 84.11 as high-quality and low-quality jobs each rose in the month. Hospital jobs rose by 12,000 to 4.821 million while full-service restaurant employment rose by 31,000…