Clinton’s failed policy positioning China as world superpower This month marks 20 years since the U.S. Senate voted to approve “normalized” trade with China. It was a mistake that now threatens to help position China as the world’s superpower. [Michael Stumo | September 23, 2020 | Duluth News Tribune] At the time, President Bill Clinton…
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Report on the House Ways & Means Committee’s Trade Subcommittee Hearing on September 17, 2020. by Kenneth Rapoza, CPA Industry Analyst Thursday’s Trade Subcommittee hearing at the House and Ways Means Committee had just one industry leader providing testimony on the Xinjiang, China ban and the biggest takeaway is that tracing sources of supply is…
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Supports Federal Transit Administration challenge to China railcar contract Washington. The Coalition for a Prosperous America (CPA) today praised a Federal Transit Administration (FTA) call for American-made railcars in purchases by the Washington Metropolitan Area Transit Authority (WMATA). In a letter to WMATA General Manager Paul Wiedefeld, FTA Deputy Administrator K. Jane Williams urged the agency…
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Each year, the Office of the U.S. Trade Representative (USTR) produces a report on China’s compliance with its World Trade Organization (WTO) commitments. Ahead of this year’s report, the Coalition for a Prosperous America (CPA) has submitted comments to the USTR. CPA’s letter focuses on China’s many broken promises, particularly in the automotive and electric…
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By Kenneth Rapoza, CPA Industry Analyst The Customs and Border Protection Agency has been alerted and is taking action against loopholes in the China Section 301 tariffs found in low value e-commerce. Customs and Border Protection is looking to close a loophole allowing goods priced at under $800 to escape the China trade war tariffs.…
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By Kenneth Rapoza, CPA Industry Analyst Labor and human rights move to the fore in dealing with China. Sourcing cotton or computer equipment from Xinjiang? Look out. This week, Customs and Border Protection issued orders to block imports from five new companies stationed in Xinjiang, the infamous Western China province that is home to “re-education…
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CPA’s Take: The WTO just pounded more nails into its own coffin. CPA is quoted in this article. U.S. disputes finding, has long called World Trade Organization provisions inadequate [Josh Zumbrun and Daniel Michaels | September 16, 2020 | WSJ] The World Trade Organization ruled Tuesday that some U.S. tariffs against China broke international trading rules,…
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“Conscious Beauty. Clean Beauty. Green Beauty. Sustainable Packaging. Selfcare. Wellness. Health. Safety…” These are key buzzwords for today’s conscious-beauty consumer. She/he strives to protect the environment, prevent animal testing, ensure healthy ingredients, guarantee fairness in manufacturing and labor, and support noble social causes — all while looking beautiful. [Randa Fahmy | September 8, 2020 |…
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Smaller U.S. companies continue to pay a higher effective tax rate, stunting their growth and encouraging more offshoring by large multinationals The presidential election campaign is in high gear and both Donald Trump and Joe Biden are busy making their case to the American people. And clearly the economic toll of the COVID-19 pandemic has…
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Ruling is latest evidence of failed global governance Washington. The Coalition for a Prosperous America (CPA) today condemned a World Trade Organization (WTO) ruling against U.S. tariffs on imports from China. The tariffs, imposed in March 2018 under Section 301 of U.S. trade law, addressed China’s longstanding practices of forced technology transfer, intellectual property theft,…
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