Restarting Tariff Exclusions Undermines Build Back Better, Rewards CCP Recalcitrance

By Charles Benoit, CPA Trade Counsel Regrettably, the Biden Administration announced last week that they’re open to tariff cuts to imports of Made-in-China merchandise. First up are 549 different products, mostly machinery and technology products. But more may be coming. Ambassador Tai stated in her recent speech at the Center for Strategic and International Studies…

Details

CPA Statement on President Biden’s Remarks on the Global Supply Chain Crisis

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following President Biden’s remarks on the global supply chain crisis. “For months, the U.S. economy has been plagued by a global supply chain crisis that has illuminated America’s dependence on foreign producers and workers for critical products,” said Michael Stumo, CEO of…

Details

Commerce Department Must Address Chinese Circumvention, Protect U.S Companies from Chinese Retaliation

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed a response with the U.S. Department of Commerce regarding illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The Department of Commerce requested additional information from the group…

Details

Job Quality Index Falls to 81.67 as More Service Sector Workers Return to Work

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell slightly to 81.67 in August, down 0.91% from the previous month, as low-quality jobs increased in sectors including food service, hospitality, and arts/recreation. The relative wage in manufacturing sectors including medical equipment and plastic…

Details

OECD Tax Agreement Must not Disadvantage U.S. Domestic Companies Over Multinational Competitors

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding closed door negotiations in the Organization for Cooperation and Economic Development (OECD) on how to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. The negotiations have two separate…

Details