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Research Articles

July 03, 2017

It’s Time to Amend or Discard U.S.-Korean Trade Agreement

By Jeff Ferry, CPA Research Director

Press reports emerging on Monday, July 3rd, suggest that President Trump is pushing for a special 30-day review to amend the U.S.-South Korean trade deal known as KORUS. 

June 26, 2017

Administration Needs to Defend Our Steel Industry

By Jeff Ferry, CPA Research Director

This past April, on a 92-mile bike ride through the hills of Monterey, California, I met a young man I’m proud to call a friend, Rasheen Malone. 

June 16, 2017

Feds Should Stop Chinese Acquisition of Sole U.S. Rare Earth Mine

By Jeff Ferry, CPA Research Director

 A U.S. bankruptcy court has decided to sell a California mine, the sole U.S. source of rare earth minerals, to a consortium including Chinese mining company Shenghe Rare Earth Shareholding Co. If the transaction goes ahead, this would turn over the unique domestic producer...

June 12, 2017

CPA Written Testimony: NAFTA Negotiations

The Office of US Trade Representative requested comments from interested parties regarding a June 27, 2017 hearing regarding NAFTA Renegotiations. This is CPA's official written testimony submitted in response.

Summary

The US needs to rethink trade agreements and unilateral trade policy options to better connect them with...

June 07, 2017

US Fruit & Vegetable Imports Skyrocket After Trade Agreements

By Jason Cooper (CPA Research Assistant), Jeff Ferry (CPA Research Director), Michael Stumo (CEO of CPA)

Introduction

Trade in many fruit and vegetables has been disastrous for US agriculture and American farmers over the last two decades, following ratification of free trade agreements, notably those with Mexico (NAFTA),...

June 02, 2017

Trade Deficit Up, Employment Growth Weak in Latest Government Figures

By Jeff Ferry, CPA Research Director

 A strong rise in April’s trade deficit and lackluster growth in May employment figures underscore the challenges facing the Trump Administration as it tries to piece together an economic growth strategy. 

Tax · May 23, 2017

CPA Testimony: How Tax Reform Will Grow Our Economy and Create Jobs

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The Coalition for a Prosperous America (CPA) appreciates the opportunity to provide testimony to the Committee on Ways and Means regarding the likely impact of tax reform on the US economy. CPA is a national,...

May 23, 2017

CPA Testimony: Omnibus Report on Significant Trade Deficits - CPA2017

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The Coalition for a Prosperous America (CPA) appreciates the opportunity to provide testimony to the US Department of Commerce regarding the impact of significant bilateral deficits on the US economy. CPA is a national, non-partisan...

May 17, 2017

In Praise of William J. Baumol, Economist Who Identified Market Imperfections

By Jeff Ferry, CPA Research Director

On May 4th, Professor William J. Baumol died at the age of 95. He was a prodigious writer and innovator in economic theory, author of some 500 papers over the more than half a century he taught at Princeton University and NYU. 

May 15, 2017

Upcoming Commerce Department Hearings To Give New Impetus To Battle To Fix Trade

By Jeff Ferry, CPA Research Director

The Trump Administration’s views on some issues (think health care) has evolved over recent months. But on foreign trade, the Administration has consistently stuck to Donald Trump’s pre-election view that past trade deals have been a lousy deal for the U.S. worker and they...

April 23, 2017

Border-Adjustable Taxes, The Dollar and Alternatives

By Jeff Ferry, CPA Research Director, and Michael Stumo, CEO of CPA

The Republican business tax reform plan, also known as the House GOP Blueprint or the Ryan-Brady plan, features a type of border-adjustable tax (BAT). 

April 19, 2017

Don’t Believe What They Tell You About Foreign Investment

By Jeff Ferry, CPA Research Director

We often hear of state and federal officials chasing after foreign investment dollars, trying to bring money into the U.S. 

April 13, 2017

Trump Administration Focuses on Trade Enforcement

By Jeff Ferry, CPA Research Director

The Trump Administration is getting tough with foreign nations that don’t play by the rules of free and fair trade. That’s the message we’re getting from Administration sources.

April 06, 2017

British Trade Boost Shows Currency Devaluation Works

By Jeff Ferry, CPA Research Director

Establishment free traders often claim trade policy reform is futile, urging us instead to simply trust the free market. Recent experience in Britain shows that one trade policy—currency devaluation—does work, and pretty quickly too. Despite imports growing more expensive, both consumption and exports increased.

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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.