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.
Research Articles
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
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).
Tax
Tax Strategy
working paper
Public Company Corporate Tax Under the TCJA and Sales Factor Apportionment
October 21, 2020
In this article, published in Tax Notes Federal on Sept 21, 2020, CPA Chief Economist Jeff Ferry and CPA Board Member Bill Parks analyze the federal corporate tax paid by the S&P 500 companies in 2019 and find they paid on average less than 9% in cash federal tax last...
CPA Testimony on Economic Modeling of Trade Agreements
October 06, 2020
On Oct. 6th, CPA testified at a hearing of the US International Trade Commission on trade agreements. We focused on the failure of economic models to accurately forecast the impact of trade agreements on the US economy. We demonstrated how modifications of the standard economic model for trade can make...
Tax
Tax Strategy
Why OECD is Now Center of Global Tax Debate
September 22, 2020
By David Morse The passage of the 2017 Tax Cut and Jobs Act (TCJA) lit the fuse for corporate tax reform that has been debated internationally over the last two years. Essentially, the United States' willingness to recognize failures in the international tax system have now prompted action in other...
Aluminum Tariffs Re-Imposed After Canada Breaches USMCA Commitment
August 11, 2020
By Jeff Ferry, CPA Chief Economist
Last week the Trump administration re-imposed aluminum tariffs on imports of Canadian aluminum to stem the Canadian surge which violated Ottawa’s USMCA promise to avoid increased imports.
June Trade Deficit Falls Slightly In Pandemic, Stands At $50.7 Billion
August 05, 2020
By Ken Rapoza, CPA Industry Analyst The pandemic has curtailed exports and imports and today’s trade numbers showed a slight decline in the trade deficit. The June deficit came in at $50.7 billion, 7.5 percent better than the $54.8 billion deficit in May, based on the Bureau of Economic Analysis...
Don’t Let China Take Over the U.S. Solar Industry
July 16, 2020
Though it has not been covered by the mainstream media, one of the major success stories of the Trump Administration can be found in U.S. solar manufacturing. Over the past three years American solar manufacturing capacity has increased nearly ten-fold, with factories opening and expanding in nearly a dozen states....
US Trade Deficit Deepened to $54.6 Billion in May As COVID Impacted Trade
July 02, 2020
By Jeff Ferry, Chief Economist
The monthly US trade deficit climbed to $54.6 billion in May as the COVID crisis dented exports more than imports.
