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
US October Trade Deficit Reaches 18-Month Low
December 05, 2019
Trade deficit with China continues to decline
By Steven L. Byers, PhD, CPA Senior Economist
The US international trade deficit in goods and services fell 7.6 percent in October, to $47.2 billion, as imports declined more than exports.
OECD Corporate Tax Compromise Savaged By Multinationals in Public Meetings
November 26, 2019
By Jeff Ferry, CPA Chief Economist For the past year, tempers and words have been heating up in an international war over corporate taxation. France raised the heat in the battle last year, when it announced it would levy a tax on the corporate profits of a small number of...
America’s Kitchen Cabinet Makers Support Tariffs on China Imports
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.
Tax Strategy
CPA submits opinion to OECD Tax Committee
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...
Steel Tariffs Are Driving US Economic Growth
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.
currency
Currency Misalignment
Making America Competitive Again, The Bipartisan Baldwin-Hawley Bill
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,...
US September Trade Deficit Falls as US-China Deficit Continues to Shrink
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.
Tax Strategy
OECD Proposal Fails to Help Domestic US Manufacturers
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...
US Trade Deficit with EU Triples in 10 Years
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.
US Trade Deficit Increases Slightly in August
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.
