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.
November 15, 2019
Paul Wellborn is the president of the largest family-owned cabinet manufacturing company in the United States. And as he sees it, the Trump Administration’s China tariffs are working.
November 13, 2019
The Organization for Economic Cooperation and Development (OECD) has proposed significant changes to the global tax system to combat profit shifting. The Coalition for a Prosperous America supports a much simpler, better, and fairer solution: Sales Factor Apportionment. The following submission was sent to the OECD on November 11th, 2019...
November 08, 2019
By Jeff Ferry, CPA Chief Economist On October 25th, America’s largest steelmaker Nucor opened a new steel mill in Hickman, Arkansas.
November 07, 2019
By John R. Hansen, CPA Advisory Board Executive Summary America's trade deficits, which are caused primarily by America's overvalued dollar, are eroding the American Dream of sustainably growing and equitably shared prosperity for all. By making American goods too expensive to compete with foreign goods in domestic and export markets,...
November 05, 2019
By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for September 2019 fell 4.7 percent or $2.6 billion, to $52.5 billion, as imports declined more than exports.
October 09, 2019
Many in Washington look at the Organization for Economic Cooperation and Development (OECD) in Paris to help with pressing business concerns in the global community. And recently, the OECD promised to tackle cumbersome issues related to international corporate taxation. Unfortunately, it appears that the OECD isn’t positioned to provide a...
October 05, 2019
By Jeff Ferry and Steven Byers The US goods deficit with the European Union (EU) is on track to triple in a decade.
October 04, 2019
Overall trade deficit on track to exceed 2018 total, but China deficit narrowing By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services increased by 1.6 percent in August, to $54.9 billion, up $0.9 billion from $54.0 billion (revised) in July.
September 30, 2019
After an initial review of the various 2020 Democratic presidential contenders’ tax proposals, the CPA tax committee noted a lack of progress on corporate tax reform. Committee members subsequently voted on the remaining corporate tax proposals. By David Morse, Tax Policy Director
September 24, 2019
By Jeff Ferry, CPA Chief Economist On Sept. 23rd, Apple announced that its Mac Pro computer will continue to be manufactured in Texas, rather than China, Taiwan, or southeast Asia, as the company was previously planning. The Mac Pro is currently the only Apple product assembled in the United States....
September 04, 2019
Goods deficit with China declines 10% from last year By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for July 2019 decreased by 2.7 percent, to $54.0 billion, down $0.2 billion from $55.5 billion (revised) in June.
August 21, 2019
By Jeff Ferry, CPA Chief Economist In his recent article, How Not to Restore American Industry, commentator David P. Goldman criticizes the Baldwin-Hawley bill, also known as the Competitive Dollar for Jobs and Prosperity Act, which was introduced into the Senate earlier this month. The bill would provide the Federal...
August 19, 2019
By Steven L. Byers, PhD U.S. Senators Tammy Baldwin (D-WI) and Josh Hawley (R-MO) recently introduced a bipartisan bill (Senate Bill S.2357) to realign the US dollar exchange rate to make U.S. exports more competitive, boost American manufacturers and farmers, and reduce our trade deficit. The Competitive Dollar for Jobs and...
August 15, 2019
After the year 2000, US manufacturing employment experienced a rapid, unprecedented decline with the loss of some six million manufacturing jobs. Many commentators have described this as a normal, even healthy evolution, with workers allegedly moving into “jobs of the future” in the service sector. By Jeff Ferry, CPA Chief...
August 13, 2019
By Michael Stumo Jennifer Hillman, a former Clinton trade official, recently wrote a misleading opinion article in the New York Times entitled “How to Stop Trump’s Trade War Madness.” Not only did Hillman work in the Clinton’s Office of the US Trade Representative, but she was USTR General Counsel and...
August 07, 2019
By David J. Lynn, Ph.D. China has become increasingly integrated into America's economy with a wide range of industrial and consumer goods being imported from China including electronics, clothing, furniture, drugs, food products, machinery and many high-technology components that are essential for our national defense. In fact, in the US, it...
August 02, 2019
By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for June 2019 decreased by 0.3 percent, to $55.2 billion, down $0.2 billion from $55.3 billion (revised) in May. The decrease is due to a decline in the goods deficit of $0.8 billion along...
July 29, 2019
By Jeff Ferry, CPA Chief Economist It took 20 years for China to disrupt global supply chains and build up the world’s largest manufacturing base. In the process they decimated US manufacturing sectors like computers, telecommunications, and furniture.
July 25, 2019
Among the various Democratic presidential contenders, there are a number of proposals for corporate tax reform. After reviewing all the candidates’ plans, we’ve identified the ‘Top 5 Democratic Tax Reform Proposals.’ By David Morse, Tax Policy Director
Working Paper Update: Across-the-Board Tariffs on China with Retaliation & Federal Spending Create Over 1 Million Jobs in Five Years
July 23, 2019
This Working Paper presents the results of a CPA econometric model showing that a permanent tariff on Chinese imports would stimulate the US economy. by Jeff Ferry (Chief Economist) and Steven Byers (Senior Economist)