WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose slightly to 81.68 in May, up 0.39% from the previous month, as high-quality jobs increased in sectors including health care and automotive dealerships in May. The JQI increased only slightly because those high-quality jobs…
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Chinese dissident Cai Xia, now at Stanford University’s Hoover Institution, says the U.S. engagement policy on China fed the dragon. The CCP owes a lot of its might to U.S. multinationals, Washington and — increasingly — Wall Street.
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Despite a decline in imports from China, the U.S. trade deficit in May is up again thanks in large part to commodities imports like oil and Canadian timber. At this pace, a $1 trillion goods deficit is guaranteed for 2021.
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Original by CPA Chief Economist Jeff Ferry published in Foreign Policy News Early in June, the Senate passed its signature “China bill,” a wide-ranging piece of legislation intended to counter Beijing’s industrial rise and spur U.S. technological competitiveness. Included in the bill was a reauthorization of the longstanding Generalized System of Preferences (GSP), a tariff…
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Chinese “Uber for trucking” company, Full Truck Alliance (FTA), raised $1.6 billion in an initial public offering in the United States with help from Wall Street banks. While the initial haul is impressive, it is a mere fraction of the $20 billion FTA hopes to raise in the near future. To gain some appreciation for…
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By Dan DiMicco and Jeff Ferry \ June 2021 \ The Hill As former manufacturing executives, we have seen firsthand how high-quality jobs in our industry benefit Americans from all backgrounds. We also know that the quality of jobs created – not just the quantity – matters. The troubling results of our organization’s new economic study show why. In recent…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after 130 countries and jurisdictions, representing more than 90% of global GDP, joined a statement establishing a new framework for international tax reform. According to the announcement, the “framework updates key elements of the century-old international tax system, which is no longer…
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On June 8, the U.S. Senate passed the U.S. Innovation and Competition Act of 2021, a bill aimed at countering China on a plethora of fronts, though some of its provisions leave the door open for unstrategic tariff removal. Passing with a 68-vote majority, the bill is now with the House of Representatives where it…
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Entrepreneurs like Mark Cuban are putting real money on the line to build-up and promote domestic manufacturers instead of Asian ones. Will it be enough to slow a trillion-dollar goods deficit?
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Jeff Ferry \ June 30, 2021 \ Real Clear Energy As the U.S. transitions away from fossil fuels, it’s clear that solar power will play a key role in providing clean, renewable energy for the nation. However, Washington must decide whether solar power will come from American companies and workers—or from China. That’s because years…
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