Currency Misalignment Monitor, October 2023
The October Currency Misalignment Monitor shows that dollar overvaluation rose yet again last month, reaching 15.8% against the basket of 33 other currencies included in our model.
Details
Sens. Manchin, Barrasso Sound Alarm On IRA Failings Related To EVs, Natural Resources
The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
Is Foreign Ownership of U.S. Farmland & Agribusiness Becoming A Problem?
The Senate Agriculture Committee discusses foreign ownership and corporate concentration in America’s food supply. It’s getting worse, everyone agrees. Now what?
CPA Applauds Ambassador Tai for Confronting Mexico Over Violations of 2019 Steel Agreement
Mexico Agrees to Goal of Reinstating Export Monitoring Regime WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded United States Trade Representative (USTR)
Washington Likely Reason For Ford’s Pause On CATL EV Battery Factory
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
If Companies Are Leaving China, Where Are They Going, And Why?
Dan Harris, international lawyer at Harris Bricken and founding author of the China Law Blog talks about companies leaving China. Are any coming here?
Former Senator Phil Gramm is Wrong on U.S. Trade Policy
By Bill Jones Former Senator Phil Gramm’s recent WSJ opinion article “Trump’s Trade War Was a Loser” gets many things wrong about U.S. trade policy.
Repealing China’s Most Favored Nation Status Would Create 2 Million Jobs, Grow U.S. Economy by 1.75%
WASHINGTON — A new economic analysis by the Coalition for a Prosperous America (CPA) found that revoking China’s Most Favored Nation (MFN) status would result
CPA: Ford Should Cancel Deal with China’s CATL
Congress Should Pass Legislation Prohibiting Chinese Companies from Receiving Inflation Reduction Act Tax Credits WASHINGTON — The Coalition for a Prosperous America (CPA) today
Removing China’s MFN Status Would Create 2 Million Jobs, Grow U.S. Economy by 1.75%
Key Points We find that further decoupling from China would grow the U.S. economy and result in higher incomes and more jobs for Americans and
