Currency Misalignment Monitor, July 2023
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 14.8% against global currency basket from 14.3% last month Japanese yen
Buy American
⋆CPA PRIORITY⋆ BUY AMERICAN CPA is working hard to ensure government procurement dollars go to domestic producers. We’re up against powerful import lobby groups who
ADVOCACY
⋆COALITION for a PROSPEROUS AMERICA⋆ ADVOCACY CPA has been at the forefront of the discussions to successfully help companies build, compete and strengthen the U.S.
Pro-Growth Tariffs: Modified Economic Model Shows Domestic Growth (Updated)
Economic models used to forecast the impact of international trade agreements have an in-built bias to favor free trade. This has led these models to
Section 301 Tariffs Reduced U.S. Dependence on China, Decoupling Has Begun
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017
Lighthizer: Raise Tariffs on Everything Made in China
The China tariffs, enacted by Lighthizer under Trump, are under review later this year. Will they stay or will they go? Lighthizer thinks they should stay…with more tariffs added.
Supply Chain Crisis, Not Tariffs, Stoked Inflation
Don’t blame the China tariffs on inflation. Supply chain snafus were a much bigger deal, a Federal Reserve report says.
Taiwan Agreement Risks Treasury Rewriting Customs Law Globally
On June 1, 2023, the United States and Taiwan signed “the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade.” “Initiative”? “21st Century Trade”?
Katherine Tai Says Globalization No Longer Sustainable
At National Press Club, Katherine Tai talks about supply chain issues, what ‘de-risking’ from China might look like, and how USTR thinks about it.
