Presses USTR Lighthizer to pursue broad reset of tariffs at WTO Washington. The Coalition for a Prosperous America (CPA) today sent a letter to U.S. Trade Representative Robert Lighthizer supporting a substantial renegotiation of bound tariffs set at the World Trade Organization (WTO). Specifically, CPA is urging Lighthizer to begin a GATT Article XXVIII process…
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By Kenneth Rapoza, CPA Industry Analyst It makes no sense to allow China airport passenger bridge maker CIMC Tianda to benefit from Federal grants. They get them already from Beijing. Congress took an important step in halting the flow of taxpayer money to Chinese jet bridge manufacturers recently. They figured out that it’s unwise to…
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CPA’s take: It’s great to see the Trump administration invoking the DPA to lend Kodak some serious money, great to see a historic US company getting into the pharma business, and great to see 300 jobs to be created in Rochester NY. The Eastman Kodak Company has secured a $765 million Defense Production Act loan to…
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by Kenneth Rapoza, CPA Industry Analyst A recent Ways & Means Committee meeting shows Congress is not on the same page with the post-pandemic reshoring of critical supply chains. Relying on allies is too kumbaya for us. The US Congress can only influence, and truly depend, on one supply chain—our own. One of the biggest…
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CPA’s take: China pigeons. Those who acknowledge Chinese racial authoritarianism or other bad behavior but then pivot to argue for no action or for irrelevant or cliche solutions. There is a new breed of China watcher stalking editorial pages. Potentially concerned, though not always, about various China misdeeds which few deny but clinging to unrealistic…
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CPA’s take: Secretary of State Pompeo says 50 years of engagement with China was a mistake. We were hoodwinked. See the video starting at the 2:22 mark. Secretary of State Michael R. Pompeo delivers a speech on “Communist China and the Free World’s Future” at the Richard Nixon Presidential Library in Yorba Linda, California. [July…
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CPA’s take: This is a very good quote from Attorney General Barr. “The ultimate ambition of China’s rulers isn’t to trade with the United States. It is to raid the United States. If you are an American business leader, appeasing [China] may bring short-term rewards. But in the end, [China’s] goal is to replace you.” US…
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The AFL-CIO, USW, and 19 other groups released a joint statement on bringing PPE manufacturing back to the States. On July 20, a coalition of 21 groups asked the U.S. government to support efforts to invest in domestic production of PPE, or personal protection equipment. The coalition included several manufacturing trade groups and unions, including…
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CPA’s take: Peterson Institute received $400K+ funding from Huawei Peterson Institute for International Economics works with regime officials to rebut China criticism [Yuichiro Kakutani | July 21, 2020 | Washington Free Bacon] A prominent U.S. think tank that received hundreds of thousands of dollars from Huawei has repeatedly given senior Chinese officials a megaphone to rail…
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Editor’s Note: Don Buckner has been a CPA member since 2019. Problem: We are at war and we don’t even know it. by MadeinAmerica.com The old saying: He who owns the Gold makes the rules. The United States has completely lost its sovereignty through the transfer of wealth to other nations, this is due to…
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