By Kenneth Rapoza, CPA Industry Analyst President Biden’s Executive Order on critical supply chains and their resiliency needs special attention to be placed on the mining and the recycling of key minerals used in electronics, electric car batteries and magnets used in defense navigational equipment. President Joe Biden issued an Executive Order last week to…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today announced its support for Katherine Tai’s nomination to serve as U.S. Trade Representative (USTR). CPA is the only national, bipartisan organization representing exclusively domestic producers across many sectors of the U.S. economy. CPA believes in working towards a new and positive U.S. trade policy that…
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By Kenneth Rapoza, CPA Industry Analyst Shipping companies are preferring to send empty containers to Asia, in order to offload them and fill them with China goods bound for the US at a much higher price. Twenty-four Senators from farm states are now getting involved. Our new export to China: empty space inside a container…
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By Kenneth Rapoza, CPA Industry Analyst With the exception of scolding China and threatening fines against companies doing business in Xinjiang — home to the Uyghur Muslims — many of our key allies from Canada to Europe do not see eye-to-eye with Washington on dealing with Beijing’s economic model. Even the WSJ and FT are…
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By Kenneth Rapoza, CPA Industry Analyst Following her Senate hearing, future USTR Katherine Tai responds to written questions. Here’s how she handled questions on the Section 301 China tariffs, solar and Biden’s Made in America Executive Order. Fresh off her hearing with the Senate Finance Committee, Biden’s pick for USTR, Katherine Tai, has now responded…
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Washington. The Coalition for a Prosperous America (CPA) has hired Nick Iacovella as its new Communications Director. Iacovella, who begins work today at CPA, will engage with national media on behalf of CPA and its members. He previously served as Deputy Director of Communications for Sen. Marco Rubio (R-FL) and Director of Communications for the…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today recommended that President Joe Biden should address the overvaluation of the U.S. dollar in order to bring back manufacturing jobs to the United States as part of his administration’s Build Back Better initiative. As first reported by The New York Times, CPA presented ideas on…
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By Kenneth Rapoza, CPA Industry Analyst China is increasing its coal capacity at a time when the US and Europe are increasingly worried about climate change. The Biden administration has come out with at least two major talking points (three, if you count diversity and inclusion) since winning the White House. Both run counter to…
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How does trade work when we don’t have a free trade agreement in place? What kind of tariffs do we have in place? Melissa speaks with Chuck Benoit, CPA’s Trade Counsel, to talk about this issue and why it’s time to reform our default tariffs.”
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By Steven L. Byers, PhD, and Jeff Ferry Key Points The CPA Reshoring Index (CRI) came in at 69.0 in Q3 2020, a decline of 165 basis points (1.6 percentage points) as compared to the Q2 level of 70.6, indicating that US manufacturers lost share to imports in Q3. US manufacturing production rose sharply in…
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