To the Editor: Re “Congress’s Critical Role on Trade” (editorial, March 2): You write, “Congress has a responsibility to give the American negotiators clear instructions on what it would like to see” in a trade agreement. We agree, but in the case of the Trans-Pacific Partnership, those instructions are five years late. [Reposted from the…
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Freshmen GOP Reps. Tom Emmer (above) of Minnesota and Mimi Walters of California tried to get all the GOP freshmen to sign a letter supporting an enormous increase in President executive authority through Fast Track. I didn’t really work. Only 26 of the 46 GOP freshmen would sign the letter (see PDF). Twenty refused to…
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Trade is great. We all trade. A lot of us trade labor for money that buys other things. A farmer trades corn for money that buys other things, and so on. No one is “against trade.” [Reposted from the Campaign for America’s Future blog | Dave Johnson | March 9, 2014] But is anything called…
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U.S. Census BureauU.S. Bureau of Economic AnalysisNEWSU.S. Department of Commerce * Washington, DC 20230U.S. INTERNATIONAL TRADE IN GOODS AND SERVICESJanuary 2015 * See below for links to data tables and supplementary materials. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services…
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Charlie Blum (CPA Government Relations Director) and Bill Bullard (CPA Board member and CEO of R-CALF USA) will be at the White House Monday urging the President to protect country of origin labeling for food from challenges by the Mexican and Canadian governments and from international food companies. They are also urging that the administration…
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We are pleased to present the recording of the webinar: “Senator Ben Cardin: Progressive Consumption Tax Act”, hosted by the Coalition for a Prosperous America on February 5, 2015.
There has been a great deal of press about advanced manufacturing since the establishment of Advanced Manufacturing hubs by the Obama administration. However, most people don’t know what this really means. The Brookings Institute recently released a new report that provides the answer: “America’s Advanced Industries, what they are, where they are, and why they…
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Another win! CPA members are in DC this week. We learned that the Senate Finance Committee has delayed Fast Track at least until April! That’s a big – if temporary – victory! The trade deficit in the chart above shows the massive failure of past trade deals. The WTO, CAFTA, NAFTA, Korea FTA, etc. Why…
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NAFTA – the North American Free Trade Agreement – was sold with promises of jobs and prosperity on all sides of the border. What really happened was that an increased trade deficit sucked demand and jobs out of the U.S. economy; workers lost bargaining power, resulting in pay and benefit cuts; and income inequality rose…
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In another bit of progress, Sen. Orrin Hatch expressed reserved “interest” in a consumption tax as a part of tax reform. Why is CPA, a trade focused organization, interested in consumption taxes? Because foreign consumption taxes are charged at the foreign border, have replaced tariffs, and thus our exports are double taxed (US tax…
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