As Food Imports Rise, FDA Drops Ball on Food Inspections Worldwide

As Food Imports Rise, FDA Drops Ball on Food Inspections Worldwide

Food imports into the U.S. are on the rise. The trend now is for agricultural commodity trade deficits, rather than surpluses, with key commodities like beef usually in a deficit. Despite the increase in food imports, the Food and Drug Administration conducted far fewer than the annual goal of 19,200 inspections, according to FDA data.

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At Scott Bessent Treasury Hearing: A Battle over Tax Cut Extensions and Questions About Tariffs

At Scott Bessent Treasury Hearing: A Battle over Tax Cut Extensions and Questions About Tariffs

Treasury Secretary nominee Scott Bessent faced a divided Senate Finance Committee on Thursday for another Trump nomination hearing this week. To his credit, Bessent demonstrated a masterful view of the macroeconomics around tariffs, trade, and currency.

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CPA Slams Biden Administration for Making Flawed De Minimis Pilot Programs Permanent

CPA Slams Biden Administration for Making Flawed De Minimis Pilot Programs Permanent

These programs, which allow foreign e-commerce vendors to bypass U.S. customs processes, will continue to ensure that the de minimis loophole remains a flawed system that undermines American workers, businesses, and national security.

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Surging Imports and Policy Failures Force U.S. Steel Plant to Halt Production of Key Product

Surging Imports and Policy Failures Force U.S. Steel Plant to Halt Production of Key Product

Nucor Corporation has announced it will halt production at its wire rod rolling mill in Connecticut, citing challenging market conditions created by a flood of low-priced imports from Canada, Greece, Mexico, Poland, and Ukraine.

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CPA Celebrates Chief Economist Jeff Ferry’s Legacy as He Retires

CPA Celebrates Chief Economist Jeff Ferry’s Legacy as He Retires

Widely regarded as one of the nation’s leading experts on tariffs, industrial policy, economic modeling, and trade policy, Ferry’s contributions to CPA and the broader economic policy landscape have been transformative.

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CPA Applauds Biden Administration Action to Block Nippon Steel’s Purchase of U.S. Steel

CPA Applauds Biden Administration Action to Block Nippon Steel’s Purchase of U.S. Steel

The Biden administration’s order followed a December 23 report by the Committee on Foreign Investment in the United States (CFIUS), which found that the acquisition posed unacceptable risks to America’s national security.

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