China’s energy rationing hurts American supply chains already in trouble. Diversification away from China should continue full speed ahead for anyone concerned with economic security.
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The Trump administration refused to approve new trade dispute judges to the WTO. The Biden administration isn’t in any real hurry to fix it.
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By Charles Benoit, CPA Trade Counsel Regrettably, the Biden Administration announced last week that they’re open to tariff cuts to imports of Made-in-China merchandise. First up are 549 different products, mostly machinery and technology products. But more may be coming. Ambassador Tai stated in her recent speech at the Center for Strategic and International Studies…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following President Biden’s remarks on the global supply chain crisis. “For months, the U.S. economy has been plagued by a global supply chain crisis that has illuminated America’s dependence on foreign producers and workers for critical products,” said Michael Stumo, CEO of…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed a response with the U.S. Department of Commerce regarding illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The Department of Commerce requested additional information from the group…
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In speaking for the Biden administration this week at a conference at think tank CSIS in Washington, Katherine Tai said she didn’t want to “inflame relations” with China. Why this attitude gets us nowhere but towards the China-centric, pre-trade war status quo.
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WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell slightly to 81.67 in August, down 0.91% from the previous month, as low-quality jobs increased in sectors including food service, hospitality, and arts/recreation. The relative wage in manufacturing sectors including medical equipment and plastic…
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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.
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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…
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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…
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