Research Articles

Trade Enforcement

China Retaliatory Tariffs: The Age of Appeasement Must End

April 03, 2018

By Michael Stumo, CEO of CPA

The Coalition for a Prosperous America (CPA) strongly supports the Trump administration’s shift from naive “free trade” to the realpolitik “strategic trade” practiced by most industrial nations. Strategic trade will lead to industrial recovery, better jobs and prosperity in the US.

Competitiveness Strategy

The China Endgame: Let’s Build USA 2025

March 29, 2018

By Jeff Ferry, CPA Research Director

President Trump has just made what could be the biggest gamble of his presidency: he’s betting that he can make a significant difference in the US economy by taking action against Chinese mercantilism.

Trade Enforcement

Steel & Aluminum Tariffs Produce Minimal Impact on Jobs, GDP

March 20, 2018

By Jeff Ferry, CPA Research Director

CPA Economic Model Refutes Alarmist Trade Partnership Study A Coalition for a Prosperous America (CPA) modeling study of the impact of the Section 232 tariffs on the U.S. economy shows minimal national macroeconomic impact of the tariffs. The study shows that U.S. GDP would...

CPA's Issue Flyers

March 16, 2018

Members of the Coalition for a Prosperous America (CPA) visited more than 100 House and Senate offices in the nation’s capital this week to sound an alarm: America’s massive, growing trade deficit is killing jobs, harming communities, and stifling economic growth. In a two-day blitz, CPA members left their mark...

Trade Enforcement

SolarWorld Plans Solar Cell Production Ramp-Up, Hiring 300

March 11, 2018

By Jeff Ferry, CPA Research Director

SolarWorld Americas is ramping production of solar cells at its Hillsboro, Oregon facility.

US Notches Dismal Productivity Performance in 2017

March 06, 2018

By Jeff Ferry, CPA Research Director

The productivity figures for the US economy in 2017, published by the Bureau of Labor Statistics (BLS) last month, show the US economy continuing to underperform on productivity growth, one of the most important metrics for the long-term health of the economy.


World Steel Market By The Numbers

February 28, 2018

By Jeff Ferry, CPA Research Director

The pundits who declare ominously that we are on the brink of a trade war have it wrong. In fact, we are in the midst of a war for domination of the world steel market. And as a quick look at the numbers makes...

Why We Need Tariffs on Steel

February 28, 2018

By Jeff Ferry, CPA Research Director

The Department of Commerce report on steel imports and national security asks Americans a fundamental question:

Competitiveness Strategy

How Facebook Can Help Rebuild US Manufacturing

February 21, 2018

By Jeff Ferry, CPA Research Director

In a highly polarized nation, Facebook has accomplished the amazing achievement of getting itself intensely disliked by both right and left.

Solar Industry Gears Up For More US Production As Tariffs Take Effect

February 15, 2018

By Jeff Ferry, CPA Research Director

Safeguard tariffs imposed by President Trump on imported solar cells and panels have been in effect for just over a week, but already we’re seeing moves to boost US solar production in response. No fewer than nine solar manufacturing companies...

Why The Business Roundtable NAFTA Study is Wrong

February 14, 2018

By Jeff Ferry, CPA Research Director

Business Roundtable (BR) and others have published economic forecasts that purport to show that the US withdrawing from or substantially modifying NAFTA would lead to US losses in GDP and jobs. We analyze the BR study and show...

Currency Misalignment

A Rising Dollar Yields a Rising Trade Deficit

February 13, 2018

By John R. Hansen, Advisory Board, Coalition for a Prosperous America

Yogi Berra once said, “It's tough to make predictions, especially about the future.” That’s undoubtedly true in the complicated world of global trade.

But a look at America’s trade flows—and growing trade deficit— clearly indicates that a “strong dollar” has been a...

Five Reasons Why the Big 2017 Trade Deficit Affects You

February 06, 2018

by Michael Stumo, CEO of CPA

The big news this week is that the annual US trade deficit increased in 2017 by 12% over 2016. Here are five reasons you should care.

Full-Year 2017 Trade Deficit Holds Back GDP Growth

February 06, 2018

By Jeff Ferry, CPA Research Director

The US trade deficit last year surged 12.1%, rising at three times the rate of nominal GDP growth, hampering US economic performance, employment levels, and incomes.

The Beltway Squabbles Over America’s Overvalued Dollar

February 05, 2018

By Jeff Ferry, CPA Research Director

It may have been obscured by the looming State of the Union address, but there was quite a kerfuffle in Washington recently.

CPA on USA Today: Trade predators destroy U.S. jobs

January 30, 2018

For too long, America has been led by a naive embrace of free trade that overlooks the predatory behavior of our trade competitors. Widespread trade cheating and poorly designed trade deals have led to persistent U.S. trade deficits causing job losses, manufacturing decline and income stagnation.

[Michael Stumo | January...

Revenue Gains From Sales Factor Apportionment Corp Income Tax

January 30, 2018

"Reprinted from Tax Notes, November 27, 2017”


By Jeff Ferry, CPA Research Director

The U.S. corporate income tax system is failing to deliver for the government and taxpayers. Receipts are falling steadily as a share of corporate profits as corporations exploit loopholes to shift profit out of...

America’s Monetary Policy Needs a Major Overhaul

January 29, 2018

Tinkering with Interest Rates Will Not Make America’s Economy Great Again!

By John R. Hansen, CPA Advisory Board

In his New York Times article on January 9 (As Economy Strengthens, Fed Ponders New Approach), Mr. Appelbaum notes the rising dissatisfaction both outside and inside the Federal Reserve with America’s current...

How To Make China Pay For US Solar Industry Expansion

January 22, 2018

By Jeff Ferry, CPA Research Director

Later this month, President Trump faces one of the biggest trade decisions of his presidency.

Why China Likely Won’t Buy Fewer U.S. Treasury Bonds

January 15, 2018

Editor's Note: While the CPA Research section of our website is generally reserved for CPA’s original research and analysis, we are cross posting this outside article due to its importance to understanding the dynamics of trade and capital flows.

The furor over recent comments by Chinese officials that they may...