Five Reasons to Take a Hard Line with China at Trade Talks

Washington. As the Trump administration embarks on a 13th round of trade talks with China, the Coalition for a Prosperous America (CPA) is urging US trade negotiators to take a hard line with Beijing. CPA believes there are important reasons why the US should hold firm unless Beijing makes substantial concessions. Please follow and like us:

CPA Study on China Decoupling Wins National Economics Award

Analysis Shows Permanent China Tariff Could Benefit US Economy Washington. The Coalition for a Prosperous America (CPA) has won the prestigious Edmund A. Mennis Award from the National Association for Business Economics (NABE) for a study showing that a permanent tariff on China would benefit the US economy. The award from the nation’s leading association … Read moreCPA Study on China Decoupling Wins National Economics Award

Press Release | CPA Praises Navarro Win at Universal Postal Union Talks

New agreement will eliminate postal subsidization of imports Washington. The Coalition for a Prosperous America (CPA) today praised the efforts of Peter Navarro, White House Director of the Office of Trade and Manufacturing Policy, for taking a tough negotiating position at last week’s Universal Postal Union (UPU) talks. The United States had threatened to withdraw … Read morePress Release | CPA Praises Navarro Win at Universal Postal Union Talks

Press Mention: Study Shows That Increasing China Tariffs Could Increase U.S. Jobs and Economy

Excerpt: The study states that the tariff would stimulate the economy through two channels. The Coalition for a Prosperous America (CPA) released updated study results in July showing that a permanent across-the-board 25 percent tariff (PATB-25) on all imports from China would stimulate GDP growth and jobs in the U.S. economy. Please follow and like us:

Former USTR General Counsel, Stephen Vaughn, to Join CPA Advisory Board

Also adds financial economist and real estate developer David Lynn Washington. The Coalition for a Prosperous America (CPA) continues to expand its leadership capacity as it advocates for new, national trade and economic policies. The group is proud to welcome two new members to its advisory board: Stephen Vaughn, who recently served as General Counsel … Read moreFormer USTR General Counsel, Stephen Vaughn, to Join CPA Advisory Board

Press Release: CPA Praises Trump Administration for Labeling China a ‘Currency Manipulator’

Currency designation will initiate consultations on trade barriers Washington. The Coalition for a Prosperous America (CPA) today strongly praised the Trump administration for formally designating China as a “currency manipulator.” US manufacturers have long complained about Beijing’s currency manipulation, which has made Chinese exports artificially cheap in the US market. This is the first time … Read morePress Release: CPA Praises Trump Administration for Labeling China a ‘Currency Manipulator’

Press Release: CPA Strongly Endorses Baldwin/Hawley Currency Legislation

Bipartisan bill would realign US dollar to eliminate trade deficit Washington. The Coalition for a Prosperous America (CPA) today offered its highest possible support and endorsement of the new, bipartisan Competitive Dollar for Jobs and Prosperity Act (CDJPA) introduced by Senators Tammy Baldwin (D-WI) and Josh Hawley (R-MO). The bill would require the Federal Reserve … Read morePress Release: CPA Strongly Endorses Baldwin/Hawley Currency Legislation

Op-ed: Warren’s Jobs Plan Should Go Further in Helping U.S. Manufacturers

Elizabeth Warren released an “economic patriotism” jobs plan recently that takes two bold positions. First, it emphasizes manufacturing as the key driver of middle-class job creation in the U.S. And second, it presents concrete proposals to actually rebuild domestic American manufacturing. This distinguishes her from other Democratic presidential contenders who are merely preoccupied with raising … Read moreOp-ed: Warren’s Jobs Plan Should Go Further in Helping U.S. Manufacturers

Press Release: New Study Shows China Tariffs Could Create Up To One Million Jobs

Across-the-board China tariff would produce more jobs, increased GDP Washington. The Coalition for a Prosperous America (CPA) today released the results of an updated studyon the impact of a permanent 25 percent across-the-board tariff on all imports from China (PATB-25), showing such a tariff would stimulate growth in GDP and jobs in the US economy. … Read morePress Release: New Study Shows China Tariffs Could Create Up To One Million Jobs

Michael Stumo on leadership: Build relationships, don’t force personal rigidity

Editor’s note: The Syracuse (NY) Post Standard featured an interview of Michael Stumo on leadership. Michael Stumo grew up on a family farm in Iowa. His first job after college was running a hog-buying station, where he lived in a trailer in a pasture. Inspired by a friend, he started studying for the LSAT (law … Read moreMichael Stumo on leadership: Build relationships, don’t force personal rigidity

More Than 600 U.S. Companies Sign Letter In Support Of Trump’s Tariffs

Editors note: CPA helped put a letter together in favor of the tariffs, to counter a letter by multinational corporation‘s that oppose the tariffs last week. Over 600 American companies support President Donald Trump’s use of tariffs on China. The Daily Caller obtained a letter to be submitted during a public hearing by the Office … Read moreMore Than 600 U.S. Companies Sign Letter In Support Of Trump’s Tariffs

CPA Op-ed: Beijing started this trade conflict; Trump intends to finish it

Excerpt: China’s leaders simply reneged on an initial commitment to start opening their markets and to halt such aggressive practices as IP theft, hacking and forced technology transfer. There’s an important point to remember in the current U.S.-China trade conflict: Beijing started it. For the past 20 years, China has been at war with the U.S. economy, using … Read moreCPA Op-ed: Beijing started this trade conflict; Trump intends to finish it

Fixing TCJA starts with getting multinationals to pay their fair share

Excerpt: “Essentially, this comes down to fairness. In 2018, 60 Fortune 500 companies paid no taxes on a total of $79 billion in profits. That means multinational entities are still managing to avoid paying the taxes that domestic companies continue to shoulder.” It’s been a year-and-a-half since the Tax Cuts and Jobs Act (TCJA) was signed by … Read moreFixing TCJA starts with getting multinationals to pay their fair share

CPA Op-ed: Reliance on foreign mines an environmental and national security risk

Excerpt: “less than half of the minerals used by America’s manufacturers are actually sourced domestically” Americans recently woke up to the news that China is threatening to cut off supplies of “rare earth” metals to the United States. It’s a troubling situation. But such alarming headlines could finally motivate Washington to rectify a longstanding problem … Read moreCPA Op-ed: Reliance on foreign mines an environmental and national security risk

Press Release: CPA Endorses Rubio’s EQUITABLE Act as Safeguard for US Investors

Legislation would block unaudited and state-influenced foreign companies from US capital markets Washington. The Coalition for a Prosperous America (CPA) today endorsed the introduction of the EQUITABLE Act (“Ensuring Quality Information and Transparency for Abroad-Based Listings on our Exchanges”). The bill, co-sponsored by Sens. Marco Rubio (R-FL), Bob Menendez (D-NJ), Tom Cotton (R-AR) and Kirsten Gillibrand … Read morePress Release: CPA Endorses Rubio’s EQUITABLE Act as Safeguard for US Investors

CPA Op-ed: Treasury overlooks the true culprit behind US dollar strength

Excerpt: U.S. products became globally competitive, and the U.S. trade deficit shrank. In 1988, Congress passed a law requiring the Treasury Department to issue twice-yearly reports identifying countries that manipulate their currencies After a long delay, the Treasury Department just released its latest semi-annual report on global currency exchange policies. The congressionally mandated report provides an assessment of … Read moreCPA Op-ed: Treasury overlooks the true culprit behind US dollar strength

Press Mention: Experts warn US dependence on China for medicine is national security threat

Editors note: CPA member Rosemary Gibson, author of “China Rx”, does a great job on Fox News explaining the national security implications of our reliance on China for medicines. Federal Drug Administration statistics show at least 80 percent of the active ingredients found in America’s pharmaceuticals come primarily from China. Please follow and like us:

Press Mention: Huawei’s Yearslong Rise Is Littered With Accusations of Theft and Dubious Ethics

Excerpt: “Fear of making waves also led senior management at Sunnyvale, Calif.-based optical networking firm Infinera Corp. to pull back from a plan to file a trade case seeking U.S. tariffs to penalize Huawei, says Jeff Ferry, a former executive at the firm. Mr. Ferry says he had compiled evidence a decade ago showing that … Read morePress Mention: Huawei’s Yearslong Rise Is Littered With Accusations of Theft and Dubious Ethics

CPA Op-Ed: Illinois’ tax system dings local manufacturers. Here’s a fix.

Editors note: Zach Mottl is a member of the CPA board. Over the past two decades, Illinois has lost roughly 280,000 manufacturing jobs. And as those good-paying jobs have departed, so too have many longtime residents. Illinois has now lost population for five consecutive years, with 45,000 residents leaving in the last year alone. Please … Read moreCPA Op-Ed: Illinois’ tax system dings local manufacturers. Here’s a fix.

Press Release: New CPA Research Finds Across-the-Board China Tariff Would Create 1.36 Million US Jobs

Decoupling from China, increased domestic production would boost economy Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the impact of a potential 25 percent across-the-board tariff on all imports from China. CPA research found that such a move would deliver significant, sustained benefits for the US economy, including the creation … Read morePress Release: New CPA Research Finds Across-the-Board China Tariff Would Create 1.36 Million US Jobs

Press Release: New CPA Study Shows Across-the-Board China Tariff Would Boost US Economy, Create Thousands of Jobs

Decoupling from China, increased domestic production would boost economy Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the impact of a potential 25 percent across-the-board tariff on all imports from China. CPA research found that such a move would deliver significant, sustained benefits for the US economy, including the creation … Read morePress Release: New CPA Study Shows Across-the-Board China Tariff Would Boost US Economy, Create Thousands of Jobs

Press Mention: Former Trump Adviser Dan DiMicco On China Tariffs

Excerpt: “Yet, free traders in their fantasy world want to keep saying the tariffs are raising prices. The reality is they’re not, and it’s demonstrated by the performance of the economy. And for every one that you could bring to me that says, oh, we’ve been harmed, I can give you a hundred examples where they’re not. You … Read morePress Mention: Former Trump Adviser Dan DiMicco On China Tariffs

Press Mention: Trump Increases China Tariffs as Trade Deal Hangs in the Balance

Excerpt. “To the president’s credit, the tariffs are working,” said Dan DiMicco, the chairman of the trade lobbying group Coalition for a Prosperous America and a former trade adviser to Mr. Trump during his 2016 campaign. “America’s manufacturers and workers are now seeing gains as manufacturing employment rises and China’s hold on the U.S. market … Read morePress Mention: Trump Increases China Tariffs as Trade Deal Hangs in the Balance

Press Mention: Trade war threatens to roil 2020 race as Republicans complain about the tariffs Trump loves

Excerpt: Dan DiMicco, a former steel executive and trade adviser to Trump’s 2016 campaign, said the president’s base wants him to maintain a tough position on trade, even if it causes some short-term economic head winds. “He believes that this trade issue is as important as the economy because they’re totally related,” he said. “He’s going … Read morePress Mention: Trade war threatens to roil 2020 race as Republicans complain about the tariffs Trump loves

First Ever Made in U.S.A. Trade Show

Excerpt: Michael Stumo, CEO of the CPA, said, “We’re very pleased to participate in the Made in America trade show. Consumers want to buy American-made products, and they understand the connection between good jobs at home and the viability of local producers. We highly recommend attending this important event and will be encouraging our members to … Read moreFirst Ever Made in U.S.A. Trade Show

The High Cost of Trade Deficits

Editors note: Michele Nash-Hoff is long standing member of CPA .  Free trade has resulted in enormous trade deficits in goods for the United States for over 40 years. Our last year of a positive trade balance was 1975. At best, free trade has benefited large, multinational global corporations that have manufacturing facilities located in … Read moreThe High Cost of Trade Deficits