May Trade Deficit Shrinks 7% To $43B, Year-to-Date Deficit Up 8% at $245B
By Jason Cooper, CPA Research Assistant
According to the latest US government report the US trade deficit in May was $43.1 billion, the smallest deficit since September of 2017. The smaller deficit was driven by a $3.7 billion increase in exports from April to May, with exports of $144.9...
Stumo Commentary: Whose Trade War Is It Anyway?
by Michael Stumo, CEO of CPA
I was asked, after the US Trade Representative announced tariffs on another $200 billion of Chinese goods, whether I would admit that we are now in a trade war. Members of the CPA board asked me to share my response more widely. Here it...
How The Dollar Exchange Rate Can Help US Agriculture
By Jeff Ferry, CPA Research Director
Some agricultural commodities have seen price declines in recent weeks due to uncertainty over international trade relationships.
Harley Davidson Loves Tariffs
by Michael Stumo, CEO of CPA
Contrary to what you may have heard, Harley Davidson, the iconic American motorcycle company loves high tariff countries. Company management loves tariffs so much, it moves production to countries with the highest motorcycle tariffs in the world.
White House Documents Tools and Strategies Behind Chinese “Economic Aggression”
By Jeff Ferry, CPA Research Director
The White House published on Tuesday a document detailing the wide range of tools and strategies used by the Chinese government to steal, extort, and otherwise gain access to American intellectual property (IP) to support their drive to become a leading global economy with...
Aluminum Tariffs Must Be Extended To Cover Aluminum Cables
By Jeff Ferry, CPA Research Director
On March 8th, the president announced tariffs of 25% on steel imports and 10% on aluminum tariffs.
CDJP Act Webinar
CPA held a webinar discussing how to fix the dollar and balance trade with the Competitive Dollar for Jobs and Prosperity Act. In case you missed it, the slides for the webinar are below. They are a good resource to become educated on the economics and the proposed bill itself...
Capital Flow Management Lessons from Other Countries
CDJPA Research Note #3
By John Hansen (CPA Advisory Board) and Jeff Ferry (Research Director)
Passage of the Competitive Dollar for Jobs and Prosperity (CDJP) Act by Congress will establish the Market Access Charge as America’s first permanent tool to drive the US dollar to a competitive value and keep...
CDJP Act: Minimal Impact on Interest Rates
CDJPA Research Note #2
By John Hansen (CPA Advisory Board) and Jeff Ferry (Research Director)
The aim of the Competitive Dollar for Jobs and Prosperity Act is to make the dollar exchange rate competitive by discouraging foreign investment in dollar-denominated financial assets. The CDJPA does this by establishing a Market...
How Much Will the CDJP Act Devalue the Dollar Value to Achieve its Goals?
CDJPA Research Note #1
By John R. Hansen (CPA Advisory Board) and Jeff Ferry (CPA Research Director)
Implementation of the Competitive Dollar for Jobs and Prosperity Act (CDJP Act) will gently lower the dollar’s value to a competitive exchange rate and keep it competitive over time. The Act provides the...
Address by Michael Stumo to the John William Pope and Jesse Helms Center Foundations
Address by Michael Stumo, CEO, the Coalition for a Prosperous America (CPA), to the John William Pope and Jesse Helms Center Foundations.
May 11, 2018, Raleigh, NC.
Foreign Policy, Trade, and Energy Challenges in the Age of Trump.
Free-Trade Economists Begin To See the Light on Trade and Globalization
By Jeff Ferry, CPA Research Director
For decades, economists have taught David Ricardo’s Law of Comparative Advantage as if it is an absolute law. But the tide is turning, as some highly respected economists are now moving away from the doctrinaire position that all free trade is always good everywhere,...
Top Ten Cases of Chinese IP Theft
By Jeff Ferry, CPA Research Director
Industrial espionage has been going on for centuries, but experts agree China’s espionage campaign is on a different scale from anything we’ve seen in history.
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.
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