Research Articles

April 03, 2017

Trump’s Executive Orders Will Help Manufacturing Revival

By Jeff Ferry, CPA Research Director

On Friday, President Trump announced two executive orders that look like the beginning of a major offensive on trade policy. “Today….I set the stage for a great revival of American manufacturing,” the President said in Friday’s White House briefing. 

March 29, 2017

Support House Resolution 37: Eliminate The U.S. Trade Deficit!

By Jeff Ferry, CPA Research Director

Two forward-thinking congressmen have introduced a congressional resolution urging the federal government to eliminate the U.S. trade deficit. This would be a major step forward in U.S. economic policy and a crucial step towards rebuilding the U.S. economy and restoring the American Dream of...

March 28, 2017

Aggressive Trump Trade Strategy Begins To Emerge

By Jeff Ferry, CPA Research Director

Two developments in recent days provide an early indication that the Trump Administration is determined to take a new approach to international trade.  And it looks like this new approach is aggressively focused on trade agreement reform and policies that could lead to higher U.S...

March 10, 2017

China Targets World Leadership in Microchips

Jeff Ferry, Research Director, CPA

The decision last month by microchip manufacturer GlobalFoundries to build a chipmaking plant in China reinforced fears in the U.S. technology industry over China’s ambitious plans to become a major player in the world semiconductor industry.

March 08, 2017

January Trade Deficit Surge Driven By Rising China, Japan, Germany Deficits

By Jeff Ferry, CPA Research Director 

 The United States’ trade deficit surged 12% in January 2017 to hit $48.5 billion, its highest level in almost five years. 

March 07, 2017

Why a Trade War Won’t Happen…But We Would Win If It Did

By Jeff Ferry, CPA Research Director 

There has been lots of talk of the danger of “trade wars” in newspapers in recent months. The Trade War Alarmists are likely wrong. 

February 22, 2017

Economic Analysis: Re-Exports Are Not Real Exports

By Jeff Ferry, CPA Research Director

Today the CPA published a new article on the U.S.’s Top Ten Bilateral Deficit Nation Trading Partners featuring the latest data for last year. You can read it here. In a nutshell, our trade deficit in goods has increased twenty-fold in the last 25...

February 22, 2017

Economic Analysis: America’s Top 10 Trade Deficit Countries: A Closer Look

By Jason Cooper, CPA Research Assistant

In 2016 the U.S. ran an overall $946 billion trade deficit* in goods, seven times the 1992 level. In the 23 years from 1992 to 2016, the deficit has risen dramatically, from 1.3% of our GDP to 5.1%. Our global goods deficit is driven...

Currency · February 14, 2017

Fixing the Bloated Dollar

By Jeff Ferry, CPA Research Director

The fear is growing that a rising dollar could sabotage any effort by the Trump Administration to improve the U.S. trade balance as a means of improving the health of our manufacturing industry.

February 09, 2017

CPA Commentary: More Economists and Leading Politicians Recognize the Trade Problem

By Jeff Ferry, CPA Research Director

Sometimes the victories come so thick and fast, you have to sit down, take a deep breath, and count them.