Position statement:

CPA supports a domestic industrial strategy, including trade and tariff policy, that restores a broad array of industrial supply chains to the United States.

 

Strategy Summary:

America has become weaker and poorer in recent decades by pursuing trade agreements and policies that encourage economic deindustrialization. Millions of good paying jobs, thousands of manufacturing firms, and scores of industries have been lost. Our country has shifted too far towards the service sector which too often consists of low wage, low hour jobs, generates too little productivity, and exacerbates income insecurity. China and other trade competitor countries have outperformed us in the quantity and quality of industries and employment which give rise to prosperity and national strength.

CPA supports trade policies that support, rather than cripple, a national strategy to rebuild our economy into a wealth producing engine that generates broadly shared prosperity. We support increasing tariffs to address trade cheating, achieve reciprocal market access and to protect the industries important to our economy. CPA believes it is crucial to achieve balanced trade to ced future growth.

Miscellaneous Tariff Bill

Miscellaneous Tariff Bills are advertised as temporarily reducing or eliminating tariffs on intermediate products used by American manufacturers that are not produced or available domestically. The truth is that this process is used by vendors with no domestic manufacturing to speak of, importing finished goods and undermining our domestic producers and their domestic supply chain.

Our issue experts are available for media interviews. Please Contact Nick Iacovella, CPA Communications Director to learn more.

P: 202-688-5145 ext 0 | E: [email protected]

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