CPA Supports Reciprocity Bill to Rebalance Trade

News Release 

Contact: Michael Stumo

October 27, 2009

CPA Supports Reciprocity Bill to Rebalance Trade

The Coalition for a Prosperous America (CPA) expressed support today for new legislation introduced by Rep. Louise Slaughter (D-NY-28) and Sen. Sherrod Brown (D-OH) called the “Reciprocal Market Access Act of 2009.”  The bill will help solve the problem of the U.S. making tariff concessions in trade negotiations, while failing to gain effective foreign market access in return.

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Pat Choate video for CPA Issues Forum

Pat Choate spoke before the CPA Issues Forum on October 21, 2009.  The full video of the event is here

Note:  This is our first time videoing the event, and we did it ourselves, not with a professional.  So hold your criticism of any problems.  You get what you pay for.

 

 
Pat Choate data on value added taxes

Pat Choate's recent book, "Saving Capitalism," includes a chapter documenting how foreign value added taxes are harming our trade balance.  He includes substantial data in an appendix showing the tariff and subsidy impact of foreign VAT's on U.S. trade.  The Washington law firm of Stewart & Stewart compiled the data for Mr. Choate's book.

This is the summary bar chart.


This rich data is now available for you below the fold, in spreadsheet form.

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CPA Disappointed in U.S. Treasury’s Failure to Cite Currency Manipulation

News Release

Contact:  Michael Stumo

October 19, 2009

CPA Disappointed in U.S. Treasury’s Failure to Cite Currency Manipulation


The Coalition for a Prosperous America (CPA) expressed disappointment today that the U.S. Treasury failed to cite China as a currency manipulator.  The October 15, 2009 report by Treasury stated that China’s currency is undervalued and that global economic balances persist as a result.  But the report did not conclude deliberate manipulation existed.

 

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