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.
WASHINGTON — The Coalition for a Prosperous America (CPA) today urged members of the Senate Judiciary Committee to oppose the nomination of Katherine Vidal to be Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO). CPA’s letter outlines Ms. Vidal’s career of working on behalf of…
WASHINGTON — The Coalition for a Prosperous America (CPA) urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to prohibit inclusion of certain Chinese companies in indices, Exchange-Traded Funds (ETFs), and other index funds provided by American index providers and asset managers. In the letter to Chairman Gensler, CPA outlined how four of the…
Global capital flows are the driving force behind the rise of the dollar, which rose 3.9% in 2021. In the last ten years, the dollar is up 25.5%[1]. The US attracts capital for many reasons, including tax avoidance, speculative trading, and a relatively small amount of genuine investment. The deregulation of financial markets in the…
Michael Stumo \ January 3, 2022 \ The Washington Times In addition to the health crisis spawned by the COVID-19 pandemic, the United States is now experiencing significant shortages of consumer goods. These troubles extend across a wide range of products, including everything from bicycles and cars to prescription medicines. But the problems run even…
