CPA Statement on Trump Phase One Deal with China

CPA members see tariffs working, want them made permanent Washington. The Coalition for a Prosperous America (CPA), which represents producers throughout the nation’s heartland, is pleased that President Trump’s Phase One deal with China appears to be keeping the current tariffs in place and adding some tariffs to additional imports on December 15.  Please follow and … Read moreCPA Statement on Trump Phase One Deal with China

Op-ed: Steel Tariffs Are Reviving Forgotten U.S. Communities

Excerpt:The tariffs are speeding the evolution of U.S. steelmaking into a world-class, state-of-the-art industry. Steelmakers, like U.S. Steel and AK Steel, have eliminated some jobs. But the cuts are being made to older, less-efficient plants. Media commentators often criticize the Trump Administration’s steel tariffs. But the evidence from around the United States shows that the … Read moreOp-ed: Steel Tariffs Are Reviving Forgotten U.S. Communities

Press Release | Manufacturers’ Petition Shows Support for December 15 Tariff Increase

Over 260 Industrial Companies Thank Trump for China Tariffs Washington. Hundreds of US manufacturers have jointly signed a petition to President Trump reiterating their support for Section 301 tariffs on subsidized imports from China. In a letter to the president, sent ahead of a planned December 15 tariff increase, more than 260 domestic manufacturers expressed their “sincerest appreciation” … Read morePress Release | Manufacturers’ Petition Shows Support for December 15 Tariff Increase

I-BAND holds annual meeting

Editors note: Brian O’Shaughnessy, CPA Vice Chairman, recently was keynote speaker at a North Dakota Cattle association conference . On Nov. 15-16, the Independent Beef Association of North Dakota (I-BAND) held its 14th annual meeting at the Ramada Wyndam in Bismarck. Dozens of cattle producers from across North Dakota and surrounding states participated in a … Read moreI-BAND holds annual meeting

Press Release | CPA Urges OECD to Support Sales Factor Apportionment for Global Corporate Tax Reform

Sales-based system could address corporate tax avoidance Washington. The Coalition for a Prosperous America (CPA) is urging the Organization for Economic Cooperation and Development (OECD) to support a move to sales factor apportionment (SFA) as part of its comprehensive review of international corporate tax systems. CPA submitted public comments to the OECD last week. The … Read morePress Release | CPA Urges OECD to Support Sales Factor Apportionment for Global Corporate Tax Reform

Press Release | CPA Partners on Release of National Jobs Quality Index

Washington. The Coalition for a Prosperous America (CPA) today announced the launch of a comprehensive new economic indicator, the US Private Sector Job Quality Index (JQI). CPA has partnered with Cornell University, the University of Missouri, and the Global Institute for Sustainable Prosperity (GISP) to unveil a new measure of America’s changing employment situation. The … Read morePress Release | CPA Partners on Release of National Jobs Quality Index

Press Release: CPA opposes tariff reduction with China

Supports permanent tariffs on subsidized imports from China Washington. As the Trump administration considers potential cuts to the tariffs it has imposed on China since 2018, the Coalition for a Prosperous America (CPA) is making clear that the tariffs must continue. Not only have the tariffs reduced China’s exports to the US, but domestic producers … Read morePress Release: CPA opposes tariff reduction with China

CPA Op-ed | Digital tax is poor fix for corporate tax avoidance

France made some big news recently in the world of global taxation. It enacted a tax targeting large U.S. tech companies – including Facebook, Amazon, Google and Apple – that are earning massive global profits. For years these multinational enterprises have avoided paying corporate taxes in the U.S., thanks to shell operations in tax havens like the … Read moreCPA Op-ed | Digital tax is poor fix for corporate tax avoidance

Chinese Companies Trading on U.S. Stock Markets May Be Worse Than Enron Scandal

It makes little sense for American investors to risk their money on shadowy companies, as this op-ed points out. Enron stock was valued at $83.13 per share back in December 2000. Its market capitalization exceeded $60 billion. By November 2001, its per-share value had fallen to $1. Please follow and like us:

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.