CPA Releases New Economics Report on America’s Chip-for-Chip Tariff Policy

CPA Releases New Economics Report on America’s Chip-for-Chip Tariff Policy

The report, titled “America’s Chip-for-Chip Tariff Policy: The Urgent Fight to Reclaim Industrial Independence Before It’s Too Late,” finds that the United States now produces only 10 percent of the world’s chips—and almost none of the most advanced ones—while China has captured the majority of global capacity for legacy chips, the mature semiconductors essential to cars, medical devices, and industrial equipment.

Tariffs Are Not Causing Inflation: Breaking Down August 2025 CPI

Tariffs Are Not Causing Inflation: Breaking Down August 2025 CPI

The August 2025 inflation report has reignited debate over tariffs. Some pundits have been quick to blame trade policy for rising prices, invoking Smoot-Hawley comparisons and warning of disaster on the scale of the Great Depression. But the data tells a different story.

Torsekar: Defending America’s Copper Mills Will Take More Than Tariffs

Torsekar: Defending America’s Copper Mills Will Take More Than Tariffs

Data centers powering AI need copper wiring and transformers. EVs use nearly four times more copper than gas-powered cars. Wind turbines, solar farms and the modern electric grid all depend on it. As such, copper is a building block of tomorrow’s economy and the backbone of America’s national security.

The Price Impact of Generic Drug Tariffs: Why Patients Do Not Bear the Cost

The Price Impact of Generic Drug Tariffs: Why Patients Do Not Bear the Cost

America is dangerously reliant on high-risk foreign suppliers for essential generic drugs, especially APIs concentrated in China and India. That over-reliance has already triggered preventable crises, such as nationwide chemotherapy shortages when a single overseas plant shut down.

Restoring America’s Generic Drug Independence

Restoring America’s Generic Drug Independence

America’s generic drug supply is at a crisis point. As detailed in previous reports, the United States is dangerously reliant on a high-risk imported drug supply, and today’s widespread drug shortages stem not from shipping delays or unexpected demand—but from a collapse in domestic production.

Trade Agreements: The Export Myth That Masked a National Giveaway

Trade Agreements: The Export Myth That Masked a National Giveaway

For decades, U.S. politicians have sold free trade agreements as a beacon of prosperity for the American economy. The logic was tidy: “Most of the world’s consumers live outside the U.S.—so if we open foreign markets, prosperity will follow.” On paper, it sounded plausible. But in practice, it became one of the most costly economic miscalculations in our modern history.