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Research

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

British Trade Boost Shows Currency Devaluation Works

April 06, 2017
By Jeff Ferry, CPA Research Director Establishment free traders often claim trade policy reform is futile, urging us instead to simply trust the free market. Recent experience in Britain shows that one trade policy—currency devaluation—does work, and pretty quickly too. Despite imports growing more expensive, both consumption and exports increased....

Trump’s Executive Orders Will Help Manufacturing Revival

April 03, 2017
By Jeff Ferry, CPA Research Director On Friday, President Trump announced two executive orders that look like the beginning of a major offensive on trade policy. “Today….I set the stage for a great revival of American manufacturing,” the President said in Friday’s White House briefing. 
Balanced Trade

Support House Resolution 37: Eliminate The U.S. Trade Deficit!

March 29, 2017
By Jeff Ferry, CPA Research Director Two forward-thinking congressmen have introduced a congressional resolution urging the federal government to eliminate the U.S. trade deficit. This would be a major step forward in U.S. economic policy and a crucial step towards rebuilding the U.S. economy and restoring the American Dream of...
Trade Agreements

Aggressive Trump Trade Strategy Begins To Emerge

March 28, 2017
By Jeff Ferry, CPA Research Director Two developments in recent days provide an early indication that the Trump Administration is determined to take a new approach to international trade.  And it looks like this new approach is aggressively focused on trade agreement reform and policies that could lead to higher U.S...

China Targets World Leadership in Microchips

March 10, 2017
Jeff Ferry, Research Director, CPA The decision last month by microchip manufacturer GlobalFoundries to build a chipmaking plant in China reinforced fears in the U.S. technology industry over China’s ambitious plans to become a major player in the world semiconductor industry.
Balanced Trade

January Trade Deficit Surge Driven By Rising China, Japan, Germany Deficits

March 08, 2017
By Jeff Ferry, CPA Research Director   The United States’ trade deficit surged 12% in January 2017 to hit $48.5 billion, its highest level in almost five years. 
Trade Agreements

Why a Trade War Won’t Happen…But We Would Win If It Did

March 07, 2017
By Jeff Ferry, CPA Research Director  There has been lots of talk of the danger of “trade wars” in newspapers in recent months. The Trade War Alarmists are likely wrong. 
Balanced Trade

Economic Analysis: Re-Exports Are Not Real Exports

February 22, 2017
By Jeff Ferry, CPA Research Director Today the CPA published a new article on the U.S.’s Top Ten Bilateral Deficit Nation Trading Partners featuring the latest data for last year. You can read it here. In a nutshell, our trade deficit in goods has increased twenty-fold in the last 25 years...

Economic Analysis: America’s Top 10 Trade Deficit Countries: A Closer Look

February 22, 2017
By Jason Cooper, CPA Research Assistant In 2016 the U.S. ran an overall $946 billion trade deficit* in goods, seven times the 1992 level. In the 23 years from 1992 to 2016, the deficit has risen dramatically, from 1.3% of our GDP to 5.1%. Our global goods deficit is driven...
currency
Currency Misalignment

Fixing the Bloated Dollar

February 14, 2017
By Jeff Ferry, CPA Research Director The fear is growing that a rising dollar could sabotage any effort by the Trump Administration to improve the U.S. trade balance as a means of improving the health of our manufacturing industry.