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. 

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...

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...

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.

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. 

By Jeff Ferry, CPA Research Director

The United States trade deficit for 2016 rose to $502.3 billion, its highest level since 2012, as a growing U.S. economy, a rising U.S. dollar, mercantilist practices by many foreign trading partners, and generally lackluster economic growth in foreign markets combined to make the trade...

By Jeff Ferry, CPA Research Director

The US trade deficit grew 6.8% in November to $45.2 billion, its worst monthly figure in nine months. The November report hammered home the challenge of a large and growing manufacturing deficit and large bilateral deficits with many trading partners. 

By Jeff Ferry, CPA Research Director 

A new CPA economic analysis estimates that for each $1 billion of additional imports into the U.S. costs the nation 4,552 jobs. On this basis, the rise in imports from 2009 to 2015 has meant the loss of over 3 million jobs. 

By Jason Cooper, CPA Research Assistant

US Buy America laws mandate that the government prefer domestic products over foreign ones when making purchases.  Free trade agreements (FTAs) carve out exceptions to that mandate by requiring that the government treat the products of most of our major trading partners...

By Jason Cooper, CPA Research Assistant

The USA places duties on trade in response to unlawful trade practices by foreign companies, but in some cases companies illegally bypass those duties, gambling that they won’t get caught.  In February of 2016 the Enforce and Protect Act (EAPA) was passed to...

By Jeff Ferry, CPA Research Director

Summary

The US government should adopt balanced trade as a key performance measure for trade policy. Following 40 years of recurrent trade deficits, our industrial base is depleted, American living standards have suffered, many of our cities and towns are in disrepair, and social...

By Michael Stumo

The US International Trade Commission (USITC) and private think tanks usually do "studies" to project the impacts of trade deals. We now have more information on how freakishly wrong those studies are.

By Michael Stumo

While identity politics was a big part of the media's election narrative, those issues did not actually drive voters' election choices. Instead, exit polls showed they voted on the basis of the economy, not identity.

by Michael Stumo

This is a great election season.  Why? Because the disparity between the utopian globalist elite and the various flavors (good and bad) of nationalism is in stark relief. We have a great opportunity for a reset whoever wins.

Yes, yes, I know that the political discourse is ugly....