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.
CPA Research
February Trade Deficit Improves 3.4% To $49.4B As China Deficit Hits Best Level in 23 Months
April 17, 2019
By Jeff Ferry, CPA Chief Economist
The US trade deficit in goods and services for February was $49.4 billion, an improvement of 3.4 percent over the January figure of $51.1 billion, providing more evidence that tariffs are reducing the US deficit. That’s according to figures published today...
Tax Strategy
What is the Golden Age of Taxation?
April 11, 2019
By David Morse, Tax Policy Associate Director
“There is not going to be a return to a golden age of tax, this is about change,” declared Will Morris, chair of the Business and Industry Advisory Committee to the OECD’s Committee on Taxation and Fiscal Policy.
January US Trade Deficit Improves By $8.8B as China Deficit Shrinks to 7-Month Low
March 27, 2019
By Jeff Ferry, CPA Chief Economist
The US trade deficit in January 2019 shrunk dramatically, coming in at $51.1 billion, $8.8 billion below the December level and $1.9 billion below the year-ago January level.
US Trade Deficit Hits $621B in 2018; Goods Deficit & China Deficit Hit New Records
March 06, 2019
By Jeff Ferry, CPA Chief Economist
Data published this morning by the Department of Commerce show that US trade figures continued to worsen in December and for the year 2018, in response to the strengthening dollar, a fast-growing US economy, and a surge in imports to front-run last year’s tariffs,...
Chinese Provinces Still Quietly Implementing Made in China 2025
March 05, 2019
By Steven Byers, CPA Senior Economist
Last summer, Chinese officials began talking about the liberalization of Chinese markets, in response to criticism of the highly nationalist and protectionist Made in China 2025 (MIC2025) strategic plan. That was in response to growing trade tensions with the US, and other foreign governments and...
Solar Power Deployments Up 4.5% Last Year as Tariffs Stimulate Manufacturing Expansion
February 14, 2019
By Jeff Ferry, CPA Chief Economist
The solar power industry enjoyed a healthy 2018, with solar deployments rising 4.5 percent to 11.6 Gigawatts installed last year.
Currency Misalignment
Working Paper: Quantifying Economic Growth and Job Creation from a Competitive Dollar
February 14, 2019
This Working Paper presents the results of a CPA econometric model testing how much dollar adjustment is needed to balance US trade in six years and the dramatic economic benefits that would result from the adjustment.
by Jeff Ferry (Chief Economist) and Steven Byers (Senior Economist)
New Anti-Tariff Study Again Cries “Wolf”
February 08, 2019
Erroneous 2018 Predictions Repeated
By Steven Byers, CPA Senior Economist
Nearly a year after predicting 470,000 jobs would be lost due to President Trump’s tariffs on imported steel and aluminum, Trade Partnership Worldwide has published an updated study titled “Estimated Impacts of Tariffs on the US Economy and Workers.” The new
Trade Deficit Moderates to $49.3B in November; China Deficit Improves Sharply
February 07, 2019
By Jeff Ferry
CPA Chief Economist
Trade data for November 2018 published Wednesday by the Department of Commerce indicates that the Trump Administration’s tariffs may finally be improving our balance of trade.
Why China is Losing the Trade War
February 05, 2019
By Jeff Ferry, CPA Chief Economist
Three things happened last week that made me feel more confident than ever that US tariffs are working and China is losing the so-called “trade war,” which is not a war at all but simply a battle to enable the US economy to stand...
