On Saturday, the U.S. government, European Commission, and five major nations issued a statement on financial sanctions against Russia which targets some of the largest Russian banks and drastically reduces the ability of the Russian central bank to support the value of the ruble currency by restricting their access to their reserves held outside Russia.…
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War in Ukraine Highlights Critical US Dependencies on Russia-China Axis By Jeff Ferry and Amanda Mayoral Summary Points The Russian invasion of Ukraine reveals the weakness of US industrial strategy and our over-reliance on imports in manufactured goods and raw materials. The US is import-dependent in many industries critical to US national security. A…
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Should Washington move to sanction China for “aiding and abetting” Russia’s military operation in Ukraine? If more sanctions are imposed on anyone, Washington must make rebuilding supply chains domestically a core part of that policy to reindustrialize the U.S.
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Cuba and North Korea don’t receive our Normal Trade Relations; Russian exports should face the same tariffs as they do. By Charles Benoit, CPA Trade Counsel Less than 10 years ago, by votes of 92-4 in the U.S. Senate and 365-43 in the House, Congress voted to grant Russia ‘Permanent Normal Trade Relations’ (PNTR). We…
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China-Russia axis poses serious threat to U.S. national and economic security.
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To sidestep the business communities concern over sanctions, Washington must include moves to re-industrialize. If not, U.S. rivals can easily choke supply chains.
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WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after LG Electronics Inc. announced it was exiting the global solar panel business, a decision that will impact 160 employees and roughly 60 contract workers at LG’s corporate campus in Huntsville, Alabama, where the company has been assembling solar panels since 2018.…
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Capital flow management is coming back into vogue among economists, government officials in other countries and in international institutions. As international capital flows continue to grow to tens or even hundreds of trillions of dollars per year, washing around unpredictably between countries and financial institutions, officials are increasingly looking at ways to put some sort…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today released publicly for the first time a coalition letter signed by over 2,000 U.S. companies and bipartisan organizations representing American businesses and workers in support of online country-of-origin-labeling (COOL). Last July, CPA applauded the Senate passage of Senator Tammy Baldwin’s (D-WI) COOL Online Act, which…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that Julianna Keeling, Founder and CEO of Terravive, is joining the Board of Directors. Terravive is an American manufacturer and global supplier of eco-friendly, sustainable, and compostable products with operational capacity to 50 billion products across 16 different manufacturing facilities and distribution centers in…
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