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Research Articles

November 08, 2018

Experts Say China Telecom Diverted US Internet Traffic Through China

By Jeff Ferry, CPA Research Director

Three Internet security experts have accused state-owned telecom giant China Telecom of diverting internal US Internet traffic through China.

November 06, 2018

Memo: USMCA Rules of Origin, Further Details

By Jeff Ferry, CPA Research Director

The USMCA Agreement contains rules of origin for the automotive industry that will have a wide-ranging effect on the auto industry.

November 02, 2018

US Manufacturing Resurgence is Broad-Based

By Jeff Ferry, CPA Research Director

Manufacturing employment in the US has now shown year-on-year growth of more than 250,000 employees for six consecutive months, the largest and most sustained manufacturing job growth we’ve seen since 1998.

November 02, 2018

US Trade Deficit Hits $54 Billion in September

Widening Trade Deficit Contrasts with Strong Jobs Picture, as China Trade Deficit Sets Another Record

 

The federal government’s employment report for October showed the US economy continues to perform strongly, with job growth of 250,000 in the month, including 32,000 added manufacturing jobs. Unemployment continues to be low and...

October 05, 2018

August Trade Deficit Hits $53.2 billion; China Trade Deficit Sets Another Monthly Record

New trade data from the Department of Commerce shows that America’s trade deficit continues to rise, with the August seasonally-adjusted deficit of $53.2 billion rising 6 percent above the July figure and a staggering 20 percent worse than the August 2017 figure of $44.2 billion. On a year-to-date basis,...

October 03, 2018

What Trade War? CPA Members See Business Gains in Recent Months

Free traders predicted economic armageddon from new tariffs on steel, aluminum and Chinese products. But, with the significant exception of agriculture, CPA members’ businesses are booming. They are raising wages, investing in new equipment, reopening production lines and seeing production move back from China.

October 03, 2018

US-Mexico-Canada Deal is a Conceptual Breakthrough But Details Will Be Critical

By Jeff Ferry, CPA Research Director

The three magic numbers for understanding the new US-Mexico-Canada trade agreement (USMCA) negotiated by the Trump administration are 16, 16, and 6.

October 02, 2018

China Tries To Whitewash Aggressive Trade Practices

“White Paper” Offers Cliches and Feelgood Rhetoric, Not Substance

By Jeff Ferry, CPA Research Director

Last week, China’s State Council, effectively the Cabinet of the Chinese government, issued a “White Paper” on trade, to argue its case in front of the world that China is playing by the rules of...

Currency · September 19, 2018

Up To $100 Billion Annual Revenue Potential From the MAC

CDJPA Research Note #4

By Jeff Ferry, CPA Research Director

CPA advocates the Market Access Charge (MAC) as an innovative tool to address systemic dollar overvaluation due to excessive demand from the international capital markets for dollar-denominated assets.

September 07, 2018

US Bilateral Deficit with China Hits All-Time High of $36.8B

July Trade Deficit Up 9.5% to $50.1B 


By Jeff Ferry, CPA Research Director

Wednesday’s trade report from the US Commerce Department for July reported that the US bilateral deficit with China hit a new all-time high of $36.8 billion in July, 9.5% worse than the July 2017 figure....