SunPower Buys SolarWorld Americas to Produce in Oregon
By Jeff Ferry, CPA Research Director
After opposing tariffs on imported solar cells and modules for years, and claiming the US manufacture of solar cells would never be profitable, San Jose, California-based SunPower Corporation announced last week plans…to become a leading US manufacturer of solar cells and modules.
China Retaliatory Tariffs: The Age of Appeasement Must End
By Michael Stumo, CEO of CPA
The Coalition for a Prosperous America (CPA) strongly supports the Trump administration’s shift from naive “free trade” to the realpolitik “strategic trade” practiced by most industrial nations. Strategic trade will lead to industrial recovery, better jobs and prosperity in the US.
The China Endgame: Let’s Build USA 2025
By Jeff Ferry, CPA Research Director
President Trump has just made what could be the biggest gamble of his presidency: he’s betting that he can make a significant difference in the US economy by taking action against Chinese mercantilism.
Steel & Aluminum Tariffs Produce Minimal Impact on Jobs, GDP
By Jeff Ferry, CPA Research Director
CPA Economic Model Refutes Alarmist Trade Partnership Study A Coalition for a Prosperous America (CPA) modeling study of the impact of the Section 232 tariffs on the U.S. economy shows minimal national macroeconomic impact of the tariffs. The study shows that U.S. GDP would...
CPA's Issue Flyers
Members of the Coalition for a Prosperous America (CPA) visited more than 100 House and Senate offices in the nation’s capital this week to sound an alarm: America’s massive, growing trade deficit is killing jobs, harming communities, and stifling economic growth. In a two-day blitz, CPA members left their mark...
SolarWorld Plans Solar Cell Production Ramp-Up, Hiring 300
By Jeff Ferry, CPA Research Director
SolarWorld Americas is ramping production of solar cells at its Hillsboro, Oregon facility.
US Notches Dismal Productivity Performance in 2017
By Jeff Ferry, CPA Research Director
The productivity figures for the US economy in 2017, published by the Bureau of Labor Statistics (BLS) last month, show the US economy continuing to underperform on productivity growth, one of the most important metrics for the long-term health of the economy.
...World Steel Market By The Numbers
By Jeff Ferry, CPA Research Director
The pundits who declare ominously that we are on the brink of a trade war have it wrong. In fact, we are in the midst of a war for domination of the world steel market. And as a quick look at the numbers makes...
Why We Need Tariffs on Steel
By Jeff Ferry, CPA Research Director
The Department of Commerce report on steel imports and national security asks Americans a fundamental question:
How Facebook Can Help Rebuild US Manufacturing
By Jeff Ferry, CPA Research Director
In a highly polarized nation, Facebook has accomplished the amazing achievement of getting itself intensely disliked by both right and left.
Solar Industry Gears Up For More US Production As Tariffs Take Effect
By Jeff Ferry, CPA Research Director
Safeguard tariffs imposed by President Trump on imported solar cells and panels have been in effect for just over a week, but already we’re seeing moves to boost US solar production in response. No fewer than nine solar manufacturing companies...
Why The Business Roundtable NAFTA Study is Wrong
By Jeff Ferry, CPA Research Director
Business Roundtable (BR) and others have published economic forecasts that purport to show that the US withdrawing from or substantially modifying NAFTA would lead to US losses in GDP and jobs. We analyze the BR study and show...
A Rising Dollar Yields a Rising Trade Deficit
By John R. Hansen, Advisory Board, Coalition for a Prosperous America
Yogi Berra once said, “It's tough to make predictions, especially about the future.” That’s undoubtedly true in the complicated world of global trade.
But a look at America’s trade flows—and growing trade deficit— clearly indicates that a “strong dollar” has been a...
Five Reasons Why the Big 2017 Trade Deficit Affects You
by Michael Stumo, CEO of CPA
The big news this week is that the annual US trade deficit increased in 2017 by 12% over 2016. Here are five reasons you should care.
Full-Year 2017 Trade Deficit Holds Back GDP Growth
By Jeff Ferry, CPA Research Director
The US trade deficit last year surged 12.1%, rising at three times the rate of nominal GDP growth, hampering US economic performance, employment levels, and incomes.
The Beltway Squabbles Over America’s Overvalued Dollar
By Jeff Ferry, CPA Research Director
It may have been obscured by the looming State of the Union address, but there was quite a kerfuffle in Washington recently.
CPA on USA Today: Trade predators destroy U.S. jobs
For too long, America has been led by a naive embrace of free trade that overlooks the predatory behavior of our trade competitors. Widespread trade cheating and poorly designed trade deals have led to persistent U.S. trade deficits causing job losses, manufacturing decline and income stagnation.
[Michael Stumo | January...
Revenue Gains From Sales Factor Apportionment Corp Income Tax
"Reprinted from Tax Notes, November 27, 2017”
By Jeff Ferry, CPA Research Director
The U.S. corporate income tax system is failing to deliver for the government and taxpayers. Receipts are falling steadily as a share of corporate profits as corporations exploit loopholes to shift profit out of...
America’s Monetary Policy Needs a Major Overhaul
Tinkering with Interest Rates Will Not Make America’s Economy Great Again!
By John R. Hansen, CPA Advisory Board
In his New York Times article on January 9 (As Economy Strengthens, Fed Ponders New Approach), Mr. Appelbaum notes the rising dissatisfaction both outside and inside the Federal Reserve with America’s current...
How To Make China Pay For US Solar Industry Expansion
By Jeff Ferry, CPA Research Director
Later this month, President Trump faces one of the biggest trade decisions of his presidency.