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Research Articles

October 28, 2020

How Tariffs Are Benefiting US Manufacturing

By Jeff Ferry, CPA Chief Economist

Last year, the US raised the share of domestic demand for manufactured goods met by US production for the first time in six years.

Renewable Energy · October 27, 2020

US Must Resist China’s Latest Efforts to Dominate Solar Power Industry

By Jeff Ferry, CPA Chief Economist

Last year was a great year for the US solar power industry.

October 25, 2020

Towards Better Economic Modeling of Trade Agreements

Summary of CPA Testimony to the ITC on Oct. 6, 2020

By Jeff Ferry, CPA Chief Economist

On Oct. 6th, CPA submitted oral and written testimony to the US International Trade Commission on the economic modeling of trade agreements (TA’s).

Tax · October 21, 2020

Public Company Corporate Tax Under the TCJA and Sales Factor Apportionment

In this article, published in Tax Notes Federal on Sept 21, 2020, CPA Chief Economist Jeff Ferry and CPA Board Member Bill Parks analyze the federal corporate tax paid by the S&P 500 companies in 2019 and find they paid on average less than 9% in cash federal tax last...

October 06, 2020

CPA Testimony on Economic Modeling of Trade Agreements

On Oct. 6th, CPA testified at a hearing of the US International Trade Commission on trade agreements. We focused on the failure of economic models to accurately forecast the impact of trade agreements on the US economy. We demonstrated how modifications of...

Tax · September 22, 2020

Why OECD is Now Center of Global Tax Debate

By David Morse

The passage of the 2017 Tax Cut and Jobs Act (TCJA) lit the fuse for corporate tax reform that has been debated internationally over the last two years. Essentially, the United States' willingness to recognize failures in the international tax system have now prompted action in other...

August 11, 2020

Aluminum Tariffs Re-Imposed After Canada Breaches USMCA Commitment

By Jeff Ferry, CPA Chief Economist

Last week the Trump administration re-imposed aluminum tariffs on imports of Canadian aluminum to stem the Canadian surge which violated Ottawa’s USMCA promise to avoid increased imports.

August 05, 2020

June Trade Deficit Falls Slightly In Pandemic, Stands At $50.7 Billion

By Ken Rapoza, CPA Industry Analyst

The pandemic has curtailed exports and imports and today’s trade numbers showed a slight decline in the trade deficit. The June deficit came in at $50.7 billion, 7.5 percent better than the $54.8 billion deficit in May, based on the Bureau of Economic Analysis...

July 16, 2020

Don’t Let China Take Over the U.S. Solar Industry

Though it has not been covered by the mainstream media, one of the major success stories of the Trump Administration can be found in U.S. solar manufacturing. Over the past three years American solar manufacturing capacity has increased nearly ten-fold, with factories opening and expanding in nearly a dozen...

July 02, 2020

US Trade Deficit Deepened to $54.6 Billion in May As COVID Impacted Trade

By Jeff Ferry, Chief Economist

The monthly US trade deficit climbed to $54.6 billion in May as the COVID crisis dented exports more than imports.