Economic View: Tariffs Have Strengthened the U.S. Economy
The 2018-2019 tariffs have created thousands of U.S. jobs.
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China Faces Debt Meltdown. A Shift to Domestic Chinese Consumption is the Solution
China’s domestic consumption is 20 points lower than other major economies. It needs to raise consumption to address indebtedness and to raise living standards in China.
Steel Conduit Imports from Mexico Continue to Surge Far Above Agreed Limits
U.S. imports of steel conduit from Mexico have exploded since 2017.
Economic View: “Tariff-Jumping Investment,” The Success of the 2018 Washing Machine Tariffs
The success of the washing machine tariffs shows that “tariff-jumping investment,” i.e. inducing domestic industry growth via tariffs is a viable strategy for the U.S. in industries that have suffered decline.
Economic View: U.S. Steel Must Stay American
Japanese steelmaker Nippon Steel has offered $14 billion for historic American company U.S. Steel. The deal is a bad idea. It’s bad for America, bad for steelworkers, bad for the U.S. manufacturing base. It’s even bad for U.S. Steel itself. The U.S. has four major steelmakers. They are essential to the success and prosperity of…
Currency Misalignment Monitor, December 2023
The December Currency Misalignment Monitor found dollar overvaluation edging up once again, to 17.4% against the basket of 33 other currencies included in our model.
CPA Improves Leading Trade Model to Reflect Real-World Effects of Trade
Key Points The standard widely-used trade model, GTAP, has been wrong in its forecasts of every major U.S. trade agreement. CPA economists have modified the model to allow it to show more realistically the effects of trade policy on employment and the entire economy. Our modified GTAP model, GTAP-FP, finds that import restriction or policies…
Big Tech in the Cloud: Legislators in a Fog
Business/Technology Explainer: What is the Cloud? Key Points Big Tech has developed valuable software applications to store and manage data anywhere in the world There is a vigorous national and global debate about protecting consumer data and national security as copies of data can be kept anywhere in the world The four cloud computing companies…
CPA Model Shows Manufacturing Tax Credits Boost U.S. Economy by 6.3%, Create 11 Million Jobs
Key Points The CPA Pro-Growth Model provides superior analysis of the impact of changes in trade and industrial policies and their impact on the U.S. economy. Tax credits for all U.S. manufacturing sectors would stimulate the economy, create 11.2 million new jobs, and increase real household income by 9.1%. Real GDP would grow by 6.3%.…
Currency Misalignment Monitor, November 2023
The November Currency Misalignment Monitor found dollar overvaluation rising further, to reach 16.8% against the basket of 33 other currencies included in our model.
