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CPA Research

Is China Even Trying to Fulfill its Phase One Commitments?

May 21, 2020

Beijing buys Brazilian soy and homegrown polysilicon rather than US

By Jeff Ferry, CPA Chief Economist

It is starting to look like China is unlikely to fulfill the terms of the so-called Phase One agreement on purchases of US goods and services.

5G Wireless: Pallone-Walden Bill Is a Good Start But We Need A More Aggressive Strategy

May 11, 2020

By Jeff Ferry, CPA Chief Economist

Despite the COVID-19 crisis, Chinese technology company Huawei is having a good spring. 

Tax Avoiders Should Not Get Bailout Money

May 06, 2020

Editor's Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund.

Right now, Washington is preoccupied with efforts to support struggling U.S. businesses during the COVID-19 pandemic. Surprisingly, some companies that use tax havens to avoid paying U.S. taxes are trying to get their...

March Trade Volume Collapses as US Deficit with China Hits New Low

May 05, 2020

Overall Deficit Rises 12% Due to EU, Mexico, & Canada

By Steven L. Byers, PhD and Jeff Ferry

As the US went into a self-imposed quarantine, US trade volume collapsed, with exports down 11 percent from a year ago and imports down 12 percent. 

Expect More and Get Way More than Expected: Buy American

April 30, 2020

Editor's Note: Greg Owens, owner Co-Founder & CEO, Sherrill Manufacturing/Liberty Tabletop, is the Co-Chair of CPA's Buy American committee. 

SHERRILL, N.Y. – Many of us have a renewed sense of purpose in our purchasing and are making conscious decisions to seek out and buy American made products. We all know this...

Videoconference with Zoom—and Invite Some Chinese Spies to Your Next Meeting

April 24, 2020

By Jeff Ferry, CPA Chief Economist

Millions of people stuck at home are now using the Zoom videoconferencing application. Zoom claims 300 million daily users. But how many of those 300 million know that Zoom is a product that is made in China?

Main Street Lending program

April 17, 2020

CPA is working to keep you up to date on the CARES Act lending programs. Here is additional information that may help your business regarding the new Main Street Lending program and the previously announced Paycheck Protection Program (PPP).

The PPP is the most popular lending program because the...

International View: Japan, France Preparing to Move Supply Chains Out of China

April 17, 2020

By Jeff Ferry, CPA Chief Economist

According to rumors circulating in Paris, French president Emmanuel Macron recently had a phone call with Chinese president Xi Jinping in which the Frenchman asked for an emergency shipment of a billion face masks to cope with the COVID crisis. The Chinese president is...

Made in America 2030: A Smart Infrastructure and Industrial Strategy Can Make Post-COVID America Stronger

April 16, 2020

By Jeff Ferry, CPA Chief Economist

Abstract

As we emerge from the current lockdown and economic freeze, the US economy will need a substantial boost.

Tax Strategy

Paycheck protection program update for CPA members

April 06, 2020

This is an update on the Paycheck Protection Program which is part of the Small Business Interruption Loan Program within the recently passed CARES Act. 

CPA members with 500 or less employees can start applying as of last Friday, April 3. You can start applying through your local bank. 

Trade in the Time of Coronavirus – China Trade Deficit Hits 14-Year Low

April 02, 2020

By Steven L. Byers, PhD and Jeff Ferry

US trade with China was drastically disrupted in February in the wake of the coronavirus pandemic.

What does COVID stimulus bill - CARES Act - do for small CPA member companies?

March 30, 2020

By David Morse, Tax Policy Director

The president just signed the CARES Act after a week of negotiations in the Senate, and a Congressional kerfuffle that required an emergency recall of House members to the Capitol. Newspapers have spent much ink on individual check expectations and considerable corporate...

“We Need More Equipment & We Need It Now” Reshoring Medical Supplies Could Create 302,000 New US Jobs

March 27, 2020

By Steven L. Byers, PhD and Jeff Ferry

The US is in the midst of a public health crisis and the country is struggling with shortages of essential health care supplies.

Employee Paid Sick Leave During the Corona Pandemic: What it means for America’s small businesses

March 26, 2020

Editor's Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund.

The President and Congress are currently finalizing the CARES Act to address the major economic disruptions caused by the coronavirus. However, small employers around the country are wondering what the earlier new “Families...

Reshoring US Pharmaceutical Production Would Create 800K Jobs

March 17, 2020

Health, Security, Economic Benefits from Reshoring

By Steven L. Byers, PhD and Jeff Ferry

With the spreading coronavirus pandemic, Americans are becoming increasingly aware of our dependence on foreign sources for important pharmaceuticals and other health care products.

US Tariffs Reducing Trade Deficit; Continued Improvement in 2020

March 06, 2020

By Steven L. Byers, PhD and Jeff Ferry

 The US trade deficit in goods and services for January 2020 fell 6.7 percent from December, to $45.3 billion, as January’s monthly imports decreased more than exports.

Buy American

E-Commerce and Your Family

March 05, 2020

How safe are the items you are purchasing online?

By Greg Owens

On January 24, 2020 there was a press conference in Washington given by the Department of Homeland Security, which is responsible for US Customs, and Dr. Peter Navarro, Assistant to the President for Trade and Manufacturing Policy. 

...

2019, A Year in Trade: Imports Decline; China Imports Relocate

March 04, 2020

In 2019, the US trade deficit, our total imports and our goods imports all declined. These are all positive developments for the US economy and especially so because key indicators of the overall US economy, including GDP and personal consumption expenditure, grew at healthy rates last year.

US Capital Flow Management in the 1960s: The Interest Equalization Tax

February 20, 2020

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

February 14, 2020

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.