Tariffs and Trade Have Little Impact on Inflation
The evidence is clear: neither tariffs nor the surge of imports from trade liberalization have had a significant effect on inflation, positive or negative.
New Federal Reserve Study Confirms Low Inflation Impact for Trump Tariff Proposals
The study confirms that even President Trump’s most substantial tariff increases have a minimal impact on inflation, leading to a small total cumulative price increase, likely spread out over several years.
China’s Manufacturing Share to Hit 45% by 2030 as U.S. Falls to 11%, Report Warns
China is forecast to account for 45% of the world’s global industrial production by 2030. That growth comes at the expense of the West, which is projected to drop to 11% of global production in the next five years.
CPA Applauds President Trump’s Global Steel and Aluminum Tariffs
This long-overdue action will protect American manufacturers and workers from the devastating surge of foreign imports that has harmed U.S. industry, particularly from Mexico in blatant violation of the 2019 Joint Steel and Aluminum Agreement.
Imports of Steel Surging Into the U.S. From Around the World
Despite Section 232 global steel tariffs and quotas on European raw steel, imports of steel slabs and steel products like steel rebar are up. The surge is eating into domestic producer market share, and companies are closing shop.
CPA Chairman: U.S. Must Impose Tariffs on Steel Imports
America’s steel industry supports millions of American workers and is the backbone of critical industries. By imposing tariffs on steel imports and its derivatives, Trump can restore America’s industrial strength and secure a prosperous future for workers.
In USTR Nominee Hearing, Senate Finance Bemoans Tariffs, Wants Open Markets for Agriculture
Jamieson Greer seems certain to be approved as the next United States Trade Representative (USTR), but the Democrats on the Senate Finance Committee proved once again that they are anti-tariff—unless the target is China.
CPA Strongly Supports Jamieson Greer as the Next U.S. Trade Representative
CPA submitted a formal statement of support to the Senate Finance Committee, urging Greer’s confirmation and highlighting his leadership in implementing policies that protected U.S. manufacturers, farmers, and ranchers from being displaced by imports.
Trump’s Three-Pronged Tariff Strategy
The tariff threats against America’s northern and southern neighbors were designed to exact concessions from these countries to help Trump address the flow of migrants and drugs across the border.
CPA Praises Trump Administration’s Universal Tariffs on Mexico, Canada, and China
CPA strongly supports the Trump administration’s expected announcement today imposing 25% universal tariffs on Mexico and Canada and 10% universal tariffs on China—a long-overdue step to rebalance trade, strengthen U.S. manufacturing, and restore American economic independence.