CPA Fact Sheet: Forced Labor in China

CPA FACT SHEET: Forced Labor in China An analysis of the Uyghur Forced Labor Prevention Act  The problem. Since 2017, more than a million Uyghurs and other ethnic minorities in China have been forced into a vast network of “re-education camps” in the far west region of Xinjiang. The U.S. State Department has assessed this as “genocide.”…

Good Financial Actions on Russia. Biden Must Go Further

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.…

Tariff schedule

Congress Must Undo its Permanent Normal Trade Relations Votes for Russia, and China

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…