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.
Pharmaceutical
manufacturing
supply chain
Cut Out the Middlemen to Make Room for US Pharmaceutical Manufacturers
January 20, 2021
By Jeff Ferry, CPA Chief Economist Drug shortages are a widespread problem in the US today. The American Medical Association reported a spike in drug shortages in early 2020 as COVID cases required doctors to write prescriptions for patients afflicted with the virus. The shortage particularly affected “analgesics, sedatives, and...
Ten Proposals for the Biden Administration
January 18, 2021
By Jeff Ferry, CPA Chief Economist
As the Biden administration takes office, our nation is in the grip of bitter bipartisan divisions. However, beneath the superficial rhetoric, there is a surprising degree of agreement on some important issues.
Five Signs of the Coming Deglobalization
January 04, 2021
By Jeff Ferry, CPA Chief Economist As 2021 begins, there are some encouraging signs of the coming deglobalization. Globalization in the economic sense is the process by which production moves from high-income nations to low-income nations, driving all nations towards a global mean, with a reduction in living standards for...
Why There Will Be a UK-EU Trade Deal By New Year’s Eve---and What the US Can Learn From It
December 14, 2020
By Jeff Ferry, CPA Chief Economist If you’re not following the UK-EU trade deal negotiations, this is Europe’s greatest current cliffhanger, pushing even the COVID crisis off the front pages in Britain and many EU nations. The European Union is no stranger to last-minute, through-the-night negotiations, but the stakes are...
Tax Strategy
Paycheck Protection Program (PPP) Legislation for Christmas
December 09, 2020
by David Morse, Tax Policy Director Congress seems likely to attach COVID-19 relief to a must-pass omnibus spending package before adjourning at Christmas this year. However, Congress will need more time to negotiate both regular government funding and extra relief provisions. The new bipartisan package that restarted negotiations includes a...
featured
manufacturing
technology
A National Manufacturing Strategy for Semiconductors
November 30, 2020
By Jeff Ferry, CPA Chief Economist Joe Biden is getting lots of advice from many quarters for his new administration. But last week he got some from an unexpected quarter: Bob Swan, CEO of Intel, published an open letter urging Biden to pursue a national manufacturing strategy for the US...
tariffs
steel
China
manufacturing
Trade and Tariffs
jobs
wages
supply chain
U.S. Steel Production is Booming Due to Steel Tariffs
November 12, 2020
By Jeff Ferry, CPA Chief Economist On Oct. 20th, US Steel produced the first ton of steel from a brand new steelmaking facility in Fairfield, Alabama. The new facility uses the latest, cleanest steelmaking technology, an electric arc furnace (EAF), and will produce 1.6 million tons of steel a year....
manufacturing
Trade and Tariffs
How Tariffs Are Benefiting US Manufacturing
October 28, 2020
By Jeff Ferry, CPA Chief Economist
Last year, the US raised the share of domestic demand for manufactured goods met by US production for the first time in six years.
Renewable Energy
US Must Resist China’s Latest Efforts to Dominate Solar Power Industry
October 27, 2020
By Jeff Ferry, CPA Chief Economist
Last year was a great year for the US solar power industry.
trade
Trade and Tariffs
Towards Better Economic Modeling of Trade Agreements
October 25, 2020
Summary of CPA Testimony to the ITC on Oct. 6, 2020
By Jeff Ferry, CPA Chief Economist
On Oct. 6th, CPA submitted oral and written testimony to the US International Trade Commission on the economic modeling of trade agreements (TA’s).