Americans are impatiently waiting for their chance to receive a COVID-19 vaccination. It’s estimated 70 to 85 percent of the nation will need to be fully vaccinated in order for the United States to return to “normal” living conditions. So far, however, only about three percent of the U.S. population has been fully vaccinated. Clearly, there’s a lot of…
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The biggest goods deficit was seen in 2020. Jeff Ferry, Chief Economist; along with Industry Analyst, Ken Rapoza discuss why in this weeks episode of Coalition Conversations. See also The Year in Trade 2020
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By Kenneth Rapoza, CPA Industry Analyst President Biden makes first call to Xi Jinping since winning the White House. By the looks of things, we have a continuation of the previous government’s take on China. President Joe Biden spoke with his China counterpart on Wednesday evening, and after wishing him a Happy Lunar New Year…
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By Steven L. Byers, PhD, and Jeff Ferry Last year the US registered its largest trade deficit in 12 years and its largest-ever deficit in goods trade. In this article, we review the main trends in US international trade in 2020. The US trade deficit continued to deteriorate in 2020 as it rose to a 12-year…
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By Kenneth Rapoza, CPA Industry Analyst USTR Senior Advisor Mark Wu shares our view on the World Trade Organization. He warns that the Biden Administration will likely realize that they do have to go it alone sometimes in dealing with China, just like the previous administration did. If you have never heard of Mark Wu,…
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By Kenneth Rapoza, CPA Industry Analyst New hires inside the USTR bode well for CPA view on trade, currency. Joe Biden is filling new roles at the United States Trade Representative, led by Katherine Tai, whom we suspect will replace Robert Lighthizer. The new hires are interesting, including former Obama/Biden Treasury Department economist Brad Setser.…
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Rosemary Gibson chairs the healthcare committee of the Coalition for a Prosperous America. She is the author of “China Rx: Exposing the Risks of America’s Dependence on China for Medicine.” Over the past year, the COVID-19 pandemic has claimed many American lives. Millions are still out of work. This is the public toll of the…
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The Broken Tax System: Is It Hurting American Domestic Business? Discussing economic implications, revenue streams and corporate tax avoidance. David Morse, the tax policy director for CPA sheds some light on Sales Factor Apportionment and why it’s needed. Watch episode 3: Trade
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CPA sent the following letter to President Biden asking that he take into consideration three suggestions to ensure the strongest Buy American provisions possible. Dear President Biden: The Coalition for a Prosperous America (CPA) would like to reiterate our thanks following our press release last week supporting your Buy American Executive Order (EO).[1] Your emphasis…
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The Job Quality Index (JQI) rose 0.54 to 79.36 in the February reading as the decline in low-quality jobs prompted a small increase in the JQI. The JQI, produced by the Coalition for a Prosperous America in partnership with academics from Cornell Law School, measures the ratio of high-quality to low-quality jobs where high quality…
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