One of the more problematic aspects of the new Senate bill called the U.S. Innovation and Competition Act is that it puts a massive dent in Section 301 tariffs, aka the China Trade War tariffs. Now industry groups want more tariffs cut.
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Greg Owens \ Co-Founder and CEO; Sherrill Manufacturing Inc./Liberty Tabletop For many of us the last 12 months have been difficult if not tragic on a personal level and at work. In the true spirit of our country, Americans rallied and have gotten through perhaps the most difficult experience we have ever lived through. Now that we are…
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The Senate bill designed to help America outwit, outlast and outplay China passed mostly along party lines. Here is what we liked about what’s inside. And where we hope the House will do some rewrites on trade matters.
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WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed key findings from the 100-day review mandated by the Biden-Harris administration’s Executive Order 14017 on “America’s Supply Chains.” Signed in February, CPA supported the Executive Order and called on the administration to “quickly pivot from assessment to action.” Importantly, the review makes clear that…
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Calls for Removing Toomey Amendment that Undercuts Buy America Efforts WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Senate passage of the Make PPE in America Act (S. 1306), bipartisan legislation introduced by U.S. Senators Rob Portman (R-OH) and Gary Peters (D-MI) that will strengthen efforts to onshore production of personal…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Senate passage of Senator Tammy Baldwin’s (D-WI) COOL Online Act, which would mandate that country-of-origin labeling (COOL) be clearly and conspicuously stated in any website description of a product. This would protect Americans’ right to know where the products they buy are made…
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The trade deficit fell in April as imports from China shrank by $6 billion. That likely won’t be enough to break the $1 trillion goods deficit barrier in 2021.
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James Stuber \ June 6, 2021 \ The Gazette One significant result of the COVID-19 pandemic is that U.S. consumers have become more interested in buying American-made products. Recent polling shows that 40% of consumers will no longer buy anything made in China. This is good news for America’s manufacturers because the poll also found…
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Greg Owens \ June 7, 2021 \ Industry Week The COOL bill would mandate prominent disclosure of where a product is produced, for all online retailers. Amazon has been in the news of late due to concerns over its workplace conditions. But Americans now have another reason to be apprehensive about Amazon and other e-commerce…
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WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Finance Ministers and Central Bank Governors of the G7 economies announced that they support the Organization for Economic Cooperation and Development’s (OECD) efforts “to address the tax challenges arising from globalisation and the digitalisation of the economy and to adopt a…
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