US Capital Flow Management in the 1960s: The Interest Equalization Tax
By Steven L. Byers, PhD and Jeff Ferry
With the introduction of the Baldwin-Hawley bill (S 2359) into the US Senate, capital flow management tools are once again an important issue.
Steel Tariffs Deliver Higher Growth, Lower Imports and Lower Prices
By Jeff Ferry, CPA Chief Economist
The Section 232 steel tariffs are reducing the volume of steel imported into the US, providing breathing space for the US industry, which is expanding.
Tariffs Help US 2019 Trade Deficit Fall To $617B
By Steven L. Byers, PhD and Jeff Ferry
The US trade deficit in goods and services fell for the first time in six years in 2019. That’s according to US Commerce Department figures which showed our trade deficit dropped 1.7 percent to $616.8 billion in 2019.
We Need a 5G Wireless Technology Made in the USA
By Jeff Ferry, CPA Chief Economist
You are probably hearing a lot about 5G wireless, which is the next big thing in cellular telephone networks.
Harvard and Tampa Cancer Center Tarnished By Chinese IP Theft Scandals
By Jeff Ferry, CPA Chief Economist
On December 9th, Harvard cancer researcher Zaosong Zheng was boarding a Hainan Airlines flight to Beijing at Boston’s Logan Airport when US Customs officials pulled him aside to question him about his luggage.
US Trade Deficit Shrinks to Smallest in Three Years
By Steven L. Byers, PhD and Jeff Ferry
The US scored the smallest trade deficit since October 2016 as tariffs slowed the flow of imports into the country.
Tariffs Are Working, to the Consternation of the Economics Profession
By Jeff Ferry, CPA Chief Economist
The New Year dawns on an America where many manufacturing sectors are in a state of aggressive growth.
Blog: US-China Deal Must Be Watched Closely
By David Lynn, Ph.D.
President Trump is doing what no other president has ever done on trade—actually making progress as opposed to uttering empty rhetoric and finger-wagging.
Report to CPA members on the US China Phase 1 trade deal
from Michael Stumo, CEO
After a call with the White House and Office of US Trade Representative regarding the US-China Phase 1 trade deal today, I would like to share what I have learned with our CPA members.
How To Steal an Airplane
The Story of Turbine Panda
By Jeff Ferry, CPA Chief Economist
In April 2018, a Chinese intelligence agent named Xu Yanjun got off a plane in Brussels, Belgium and headed for St. Catherine Square, a bustling area of shops and quaint cobblestone streets.
US October Trade Deficit Reaches 18-Month Low
Trade deficit with China continues to decline
By Steven L. Byers, PhD, CPA Senior Economist
The US international trade deficit in goods and services fell 7.6 percent in October, to $47.2 billion, as imports declined more than exports.
OECD Corporate Tax Compromise Savaged By Multinationals in Public Meetings
By Jeff Ferry, CPA Chief Economist
For the past year, tempers and words have been heating up in an international war over corporate taxation. France raised the heat in the battle last year, when it announced it would levy a tax on the corporate profits of a small number of...
America’s Kitchen Cabinet Makers Support Tariffs on China Imports
Paul Wellborn is the president of the largest family-owned cabinet manufacturing company in the United States. And as he sees it, the Trump Administration’s China tariffs are working.
CPA submits opinion to OECD Tax Committee
The Organization for Economic Cooperation and Development (OECD) has proposed significant changes to the global tax system to combat profit shifting. The Coalition for a Prosperous America supports a much simpler, better, and fairer solution: Sales Factor Apportionment. The following submission was sent to the OECD on November 11th, 2019...
Steel Tariffs Are Driving US Economic Growth
By Jeff Ferry, CPA Chief Economist
On October 25th, America’s largest steelmaker Nucor opened a new steel mill in Hickman, Arkansas.
Making America Competitive Again, The Bipartisan Baldwin-Hawley Bill
By John R. Hansen, CPA Advisory Board
Executive Summary
America's trade deficits, which are caused primarily by America's overvalued dollar, are eroding the American Dream of sustainably growing and equitably shared prosperity for all. By making American goods too expensive to compete with foreign goods in domestic and export markets,...
US September Trade Deficit Falls as US-China Deficit Continues to Shrink
By Steven L. Byers, PhD, CPA Senior Economist
The US trade deficit in goods and services for September 2019 fell 4.7 percent or $2.6 billion, to $52.5 billion, as imports declined more than exports.
OECD Proposal Fails to Help Domestic US Manufacturers
Many in Washington look at the Organization for Economic Cooperation and Development (OECD) in Paris to help with pressing business concerns in the global community. And recently, the OECD promised to tackle cumbersome issues related to international corporate taxation. Unfortunately, it appears that the OECD isn’t positioned to provide...
US Trade Deficit with EU Triples in 10 Years
By Jeff Ferry and Steven Byers
The US goods deficit with the European Union (EU) is on track to triple in a decade.
US Trade Deficit Increases Slightly in August
Overall trade deficit on track to exceed 2018 total, but China deficit narrowing
By Steven L. Byers, PhD, CPA Senior Economist
The US trade deficit in goods and services increased by 1.6 percent in August, to $54.9 billion, up $0.9 billion from...