Trump Appointees Defy ‘Buy American,’ Protect Chinese Manufacturing

This post was originally published on this siteExcerpt: “GOP globalists are a big threat to the economic recovery,” Stumo said. “President Trump’s nomination team needs to have a litmus test to screen out globalists when considering appointees. The president should now be tweeting about these America Last FTC commissioners as vigorously as he tweets against the Federal Reserve.” President … Read moreTrump Appointees Defy ‘Buy American,’ Protect Chinese Manufacturing

General Counsel Discusses White House Meeting With Trade Officials

This post was originally published on this siteEditors note: CPA board member Burl Finkelstein is featured in this article on our trade conference last month in March. While trade tensions have left some companies feeling uneasy, especially those with a global footprint, others are applauding the Trump administration’s “America First” stance. And a contingent of … Read moreGeneral Counsel Discusses White House Meeting With Trade Officials

Employment Opportunity: Part-Time Tax Research Assistant

This post was originally published on this siteBackground: The Coalition for a Prosperous America (CPA), a 501(c)(3) nonprofit organization, is seeking a part-time Tax Research Assistant to support the CPA Economics team with research on corporate taxation issues. CPA is a bipartisan coalition of US manufacturers, agricultural groups, and labor unions. CPA engages in educational … Read moreEmployment Opportunity: Part-Time Tax Research Assistant

CPA Letter Calling For Investigation Into Chicago Rail Deal with China SOE

This post was originally published on this siteThe Coalition for a Prosperous America (CPA) is formally requesting a Buy America Pre-Award Desk Review of the Chicago Transit Authority’s (CTA’s) $1.3 billion contract with China’s state-owned enterprise CSR Sifang to build 846 commuter railcars. Please follow and like us:

CPA Endorses Reciprocal Trade Act, HR. 764

This post was originally published on this siteSees legislation as key step to addressing trade barriers Washington. The Coalition for a Prosperous America (CPA) has endorsed H.R. 764, the Reciprocal Trade Act (RTA) recently introduced by Rep. Sean Duffy (R-WI). The RTA would expand the president’s ability to defend domestic US manufacturers and agricultural producers against foreign protectionism … Read moreCPA Endorses Reciprocal Trade Act, HR. 764

CPA Analysis: January US Trade Deficit Improves By $8.8 Billion

This post was originally published on this siteChina goods trade deficit shrinks to 7-month low Washington. Coalition for a Prosperous America (CPA) Chief Economist Jeff Ferry has analyzed this morning’s Commerce Department data showing that the monthly US trade deficit shrank dramatically in January, to $51.1 billion, an $8.8 billion drop from December. Most of the decline … Read moreCPA Analysis: January US Trade Deficit Improves By $8.8 Billion

CPA Honors Three American Trade Heroes at Annual Conference

This post was originally published on this siteAt its Annual Trade Conference, the Coalition for a Prosperous America recognized three leading political figures for their activities to improve US international trade, the economy, national security, and America’s global political standing with its annual American Trade Hero awards. Please follow and like us:

Press Mention: A different kind of farm organization

This post was originally published on this siteExcerpt: “The laissez-faire, free-trade approach just burned up our countryside,”  BELLEVUE, Wash. — Farmers at the 117th anniversary convention of the National Farmers Union this week had the same worry as the ones who attended the organization’s first gathering more than a century ago — low incomes. Please follow … Read morePress Mention: A different kind of farm organization

Press Release: US Goods Trade Deficit Hits Major New Record in 2018

This post was originally published on this siteOvervalued dollar drives record US deficits with China, rest of world Washington. Annual data released this morning by the Commerce Department shows that America’s overall trade balance continued to worsen in 2018. Not only did the United States record its highest-ever global trade deficit in goods—at $891.3 billion—but … Read morePress Release: US Goods Trade Deficit Hits Major New Record in 2018

Press Mention: Fiat Chrysler to Reopen Idled Plant in Detroit, 6,500 jobs

This post was originally published on this siteExcerpt: “President Trump’s threat of auto tariffs likely supported this major investment decision,” Stumo continued. “If the tariffs on imported autos are imposed, it will help FCA’s Jeep and Ram further increase sales and market share, benefitting the Michigan economy and creating even more good paying jobs.” Fiat Chrysler to … Read morePress Mention: Fiat Chrysler to Reopen Idled Plant in Detroit, 6,500 jobs

Press Mention: Trump expects to sign trade deal with China fairly soon

This post was originally published on this siteExcerpt. “The Wall Street and globalist wing of the administration seem to be pushing for a short-term deal that we know will not be sufficient for our long-term interests,” [Michael Stumo] said. President Trump stoked expectations Monday for a successful conclusion to U.S.-China trade talks, saying he anticipated signing … Read morePress Mention: Trump expects to sign trade deal with China fairly soon

CPA Statement: President Trump should Stay Strong on China

This post was originally published on this siteSees compromise agreement with Beijing as loss of bargaining power  Washington. In response to recent reports that President Trump is moving towards an agreement with China, Dan DiMicco (CPA Chairman) and Michael Stumo (CPA CEO) issued the following joint statement: Please follow and like us:

CPA Op-ed: The verdict is in: Trump’s tariffs are working ‘bigly’

This post was originally published on this siteU.S. manufacturing is once again in the news. New data shows America’s factories adding 261,000 jobs from January 2018 to January 2019. In the State of the Union, President Trump emphasized the urgency of confronting predatory trade from countries like China…. Please follow and like us:

Press Release: New CPA Study Shows Competitive US Dollar Could Produce Over 6 Million New Jobs

This post was originally published on this siteGroundbreaking study quantifies economic costs of overvalued dollar  Washington. A new study of the US economy from the Coalition for a Prosperous America (CPA) economics team shows that the US dollar is overvalued by 27 percent. Adjusting the dollar to a competitive level would yield large benefits to the economy, … Read morePress Release: New CPA Study Shows Competitive US Dollar Could Produce Over 6 Million New Jobs

China mobilizes anti-ship missiles after Navy patrol in South China Sea – News – Stripes

This post was originally published on this siteEditor’s note: US consumers are paying for China’s ability to engage in military aggression against us.  “Last month, Chinese Rear Adm. Lou Yuan told an audience in Shenzhen that sinking a pair of U.S. aircraft carriers would settle issues of sovereignty in the South China Sea. What the United States fears … Read moreChina mobilizes anti-ship missiles after Navy patrol in South China Sea – News – Stripes

Huawei Case Shows China Keeps Stealing Its Way to Success

This post was originally published on this siteCPA OP-ed: Huawei Case Shows China Keeps Stealing Its Way to Success In 2001, when China joined the WTO and officially entered the world trading system, politicians and economists of every stripe confidently predicted that China would soon become very similar to many other Western market economies… Please … Read moreHuawei Case Shows China Keeps Stealing Its Way to Success

Press Release: CPA Supports Executive Order to Expand Buy America Preferences

This post was originally published on this site Focus on state-level infrastructure projects will close potential gaps in coverage Washington. The Coalition for a Prosperous America (CPA) today praised President Trump’s executive order to strengthen Buy America preferences for infrastructure projects. While Buy America typically covers federal projects, the executive order will now extend such requirements to state-level … Read morePress Release: CPA Supports Executive Order to Expand Buy America Preferences

CPA Op-ed: Fighting Countries Who Don’t Play By The Rules The Only Way for America to Win on Trade

This post was originally published on this sitePresident Trump often criticizes the way other countries keep taking advantage of the United States. And he’s right. There is an inherent unfairness in how other countries trade with America. For decades, the U.S. has generously imposed low tariffs on imports. But in response, other countries continue to … Read moreCPA Op-ed: Fighting Countries Who Don’t Play By The Rules The Only Way for America to Win on Trade

Press Release: CPA Pushes for Trade-Competitive Tax Policies

This post was originally published on this siteUrges Congress to consider pro-American tax reform  Washington. The Coalition for a Prosperous America (CPA) is asking Congress to improve the federal tax system to promote US trade competitiveness. In a letter to both the Senate Finance and House Ways & Means Committees, CPA pressed for consideration of … Read morePress Release: CPA Pushes for Trade-Competitive Tax Policies