X

Research Articles

December 05, 2019

US October Trade Deficit Reaches 18-Month Low

Trade deficit with China continues to decline

By Steven L. Byers, PhD, CPA Senior Economist

The US international trade deficit in goods and services fell 7.6 percent in October, to $47.2 billion, as imports declined more than exports.

November 26, 2019

OECD Corporate Tax Compromise Savaged By Multinationals in Public Meetings

By Jeff Ferry, CPA Chief Economist

For the past year, tempers and words have been heating up in an international war over corporate taxation. France raised the heat in the battle last year, when it announced it would levy a tax on the corporate profits of a small number of...

November 15, 2019

America’s Kitchen Cabinet Makers Support Tariffs on China Imports

Paul Wellborn is the president of the largest family-owned cabinet manufacturing company in the United States. And as he sees it, the Trump Administration’s China tariffs are working.

November 13, 2019

CPA submits opinion to OECD Tax Committee

The Organization for Economic Cooperation and Development (OECD) has proposed significant changes to the global tax system to combat profit shifting. The Coalition for a Prosperous America supports a much simpler, better, and fairer solution: Sales Factor Apportionment. The following submission was sent to the OECD on November 11th, 2019...

November 08, 2019

Steel Tariffs Are Driving US Economic Growth

By Jeff Ferry, CPA Chief Economist

On October 25th, America’s largest steelmaker Nucor opened a new steel mill in Hickman, Arkansas.

Currency · November 07, 2019

Making America Competitive Again, The Bipartisan Baldwin-Hawley Bill

By John R. Hansen, CPA Advisory Board 

Executive Summary

America's trade deficits, which are caused primarily by America's overvalued dollar, are eroding the American Dream of sustainably growing and equitably shared prosperity for all. By making American goods too expensive to compete with foreign goods in domestic and export markets,...

November 05, 2019

US September Trade Deficit Falls as US-China Deficit Continues to Shrink

By Steven L. Byers, PhD, CPA Senior Economist

The US trade deficit in goods and services for September 2019 fell 4.7 percent or $2.6 billion, to $52.5 billion, as imports declined more than exports.

October 09, 2019

OECD Proposal Fails to Help Domestic US Manufacturers

Many in Washington look at the Organization for Economic Cooperation and Development (OECD) in Paris to help with pressing business concerns in the global community. And recently, the OECD promised to tackle cumbersome issues related to international corporate taxation. Unfortunately, it appears that the OECD isn’t positioned to provide...

October 05, 2019

US Trade Deficit with EU Triples in 10 Years

By Jeff Ferry and Steven Byers

The US goods deficit with the European Union (EU) is on track to triple in a decade.

October 04, 2019

US Trade Deficit Increases Slightly in August

Overall trade deficit on track to exceed 2018 total, but China deficit narrowing

By Steven L. Byers, PhD, CPA Senior Economist

The US trade deficit in goods and services increased by 1.6 percent in August, to $54.9 billion, up $0.9 billion from...