By Charles Benoit, CPA Trade Counsel The American people don’t want to be dependent on China for things we need. But some senior Republicans in Congress continue to choose multinational corporations over Americans. By extension, they’re also choosing multinationals’ fealties to the Chinese Communist Party (CCP). The current GOP troubles started last summer, when Senator…
On February 7, Biden will choose between China’s solar industry and the American-made one. Registered voters have already made their decision.
90% of voters think the U.S. should manufacture renewable energy domestically 70% say the U.S. should not be dependent on China and Chinese-controlled factories in Southeast Asia for solar imports Forced labor and coal use in Chinese solar supply chains, and U.S. taxpayer dollars funding purchases of Chinese solar equipment are top concerns among voters…
WASHINGTON — The Coalition for a Prosperous (CPA) urged Treasury Secretary Janet L. Yellen to take action to protect U.S. retail investors and pensioners from risky, dangerous Chinese A-share companies that are available via certain investment products like Exchange Traded Funds (ETFs) and other index funds. In December 2020, Congress passed the Holding Foreign Companies…
CPA sent the following letter to Secretary of the Treasury Janet L. Yellen urging her to take action to protect American investors from risky and dangerous investments in Chinese A-share companies. Dear Secretary Yellen, We write to draw attention to the troubling continuation of U.S. investment in problematic – and often officially sanctioned – Chinese…
In part two of a two-part series on the USTR hearing on the solar safeguard extension, a look at what solar manufacturers and the opposition told the Trade Committee as they wait for President Biden’s word on tariffs.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose marginally to 81.17 in December, up 0.08% from the previous month, reflecting slightly faster growth in high-wage jobs than low-wage in the month. The small rise of the JQI was driven mainly by growth…
With consumer price inflation (CPI) running at 6.8% as of November 2021, many importers are trying to use inflation as an excuse for repealing the tariffs enacted by former President Donald Trump and continued by President Joe Biden. This is special interest pleading and bad economics. A close look at the state of the U.S.…
The USTR recently held a hearing among stakeholders regarding the extension of the Section 201 safeguard tariffs for solar. Here’s an overview of what’s at stake and why John Kerry is the Joker’s Wild.
The U.S. will break a $1 trillion goods trade deficit with the world this year. Neither pandemic, nor supply chain bottlenecks, nor trade war tariffs could stop it as tariff circumvention to SE Asia and a strong dollar make importing easy.