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.
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 report examines potential future impacts from...
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.
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...
January 30, 2019
By Jeff Ferry, CPA Chief Economist On January 16th, a grand jury in the US District Court in Seattle, Washington indicted Chinese telecom equipment maker Huawei for theft of trade secrets and attempting to corruptly obstruct a civil lawsuit.
December 20, 2018
By Jeff Ferry, CPA Research Director General Motors is having a very good year in 2018. That’s right. You read that right, a good year. Maybe even an excellent year.
December 13, 2018
By Jeff Ferry, CPA Research Director Last week, Canadian authorities arrested the Chief Financial Officer of Huawei, Sabrina Meng Wanzhou. The US government alleges that she was involved in a plot to circumvent US sanctions on Iran by using a dummy company, secretly owned by Huawei, to sell networking equipment...
December 11, 2018
By Jeff Ferry, CPA Research Director On Dec. 6th, the Tax Foundation published a brief document claiming that the tariffs implemented by the Trump administration earlier this year impose a $42 billion cost on Americans. The claim is wrong and based on misleading analysis, as a quick look at the...
December 06, 2018
Non-competitive Dollar, Front-Running of Tariffs Drive Up October Deficit, Imports By Jeff Ferry, CPA Research DirectorThe monthly US trade deficit rose by $0.9 billion in October, reaching $55.5 billion, as exports fell slightly while imports rose by $600 million. The monthly data suggests that tariffs have yet to impact the...
December 04, 2018
By Jeff Ferry, CPA Research Director Since January, the Trump administration has implemented five major tariff policies, on the solar panel, washing machine, steel, and aluminum industries, as well as the so-called Section 301 tariffs affecting $250 billion worth of Chinese imports, chiefly in intermediate manufactured goods.
December 04, 2018
By Jeff Ferry, CPA Research Director It’s now eight months after the first set of Trump administration tariffs went into effect, and so far the much-feared economic costs of tariffs have yet to appear.