The CPA is Washington’s leading organization fighting for a new trade policy to deliver balanced trade, restored health for American industries, broadly-shared economic growth, and more jobs for American workers. Learn about the key trade issues impacting the US economy that must be solved. Research by CPA staff takes a deeper look at these issues and which policy changes can lead to dramatic improvement.
May 21, 2020
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.
May 11, 2020
By Jeff Ferry, CPA Chief Economist Despite the COVID-19 crisis, Chinese technology company Huawei is having a good spring.
May 06, 2020
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...
May 05, 2020
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.
April 30, 2020
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...
April 24, 2020
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?
April 17, 2020
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 loan...
April 17, 2020
By Jeff Ferry, CPA Chief Economist According to rumors circulating in Paris, French president Emmanuel Macron recently had a phone call with Chinese president Xi Jinping in which the Frenchman asked for an emergency shipment of a billion face masks to cope with the COVID crisis. The Chinese president is...
Made in America 2030: A Smart Infrastructure and Industrial Strategy Can Make Post-COVID America Stronger
April 16, 2020
By Jeff Ferry, CPA Chief Economist Abstract As we emerge from the current lockdown and economic freeze, the US economy will need a substantial boost.
April 06, 2020
This is an update on the Paycheck Protection Program which is part of the Small Business Interruption Loan Program within the recently passed CARES Act. CPA members with 500 or less employees can start applying as of last Friday, April 3. You can start applying through your local bank.
April 02, 2020
By Steven L. Byers, PhD and Jeff Ferry US trade with China was drastically disrupted in February in the wake of the coronavirus pandemic.
March 30, 2020
By David Morse, Tax Policy Director The president just signed the CARES Act after a week of negotiations in the Senate, and a Congressional kerfuffle that required an emergency recall of House members to the Capitol. Newspapers have spent much ink on individual check expectations and considerable corporate loan restrictions....
“We Need More Equipment & We Need It Now” Reshoring Medical Supplies Could Create 302,000 New US Jobs
March 27, 2020
By Steven L. Byers, PhD and Jeff Ferry The US is in the midst of a public health crisis and the country is struggling with shortages of essential health care supplies.
March 26, 2020
Editor's Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund. The President and Congress are currently finalizing the CARES Act to address the major economic disruptions caused by the coronavirus. However, small employers around the country are wondering what the earlier new “Families...
March 17, 2020
Health, Security, Economic Benefits from Reshoring By Steven L. Byers, PhD and Jeff Ferry With the spreading coronavirus pandemic, Americans are becoming increasingly aware of our dependence on foreign sources for important pharmaceuticals and other health care products.
March 06, 2020
By Steven L. Byers, PhD and Jeff Ferry The US trade deficit in goods and services for January 2020 fell 6.7 percent from December, to $45.3 billion, as January’s monthly imports decreased more than exports.
March 05, 2020
How safe are the items you are purchasing online? By Greg Owens On January 24, 2020 there was a press conference in Washington given by the Department of Homeland Security, which is responsible for US Customs, and Dr. Peter Navarro, Assistant to the President for Trade and Manufacturing Policy.
March 04, 2020
In 2019, the US trade deficit, our total imports and our goods imports all declined. These are all positive developments for the US economy and especially so because key indicators of the overall US economy, including GDP and personal consumption expenditure, grew at healthy rates last year.
February 20, 2020
By Steven L. Byers, PhD and Jeff Ferry With the introduction of the Baldwin-Hawley bill (S 2359) into the US Senate, capital flow management tools are once again an important issue.
February 14, 2020
By Jeff Ferry, CPA Chief Economist The Section 232 steel tariffs are reducing the volume of steel imported into the US, providing breathing space for the US industry, which is expanding.