US and UK Should Partner on a “Multiplier” Fund to Back 5G Startups
By Jeff Ferry, CPA Chief Economist
The United Kingdom is close to pulling out of its previous compromise solution for 5G telecom, which involved keeping Huawei at the so-called “edge” of British wireless networks.
America’s Trade Deficits
Editors note: Ken Austin, a former treasury official, explains the intricacies of capital flows, exchange rates, and the trade deficit.
Blame U.S. Policies – Starting With Tax Laws
Coronavirus Crisis Drives Collapse in April Trade, Deficit Worsens to $49 Billion
By Steven L. Byers, PhD and Jeff Ferry
The coronavirus disrupted international trade and led to a collapse in US trade volume which makes it difficult or impossible to draw conclusions about underlying trends.
Is China Even Trying to Fulfill its Phase One Commitments?
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
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
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
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
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
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
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...