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.

CPA Research

Foreign Direct Investors will Love the Market Access Charge (MAC)

September 18, 2017

By John R. Hansen, CPA Advisory Board

Would the MAC discourage foreign direct investment in the United States? 

Some readers have suggested that capital being brought into the United States to finance greenfield foreign direct investment should be exempted from the MAC. We should not, they argue, do anything to discourage...

Why the Market Access Charge is Necessary to Fix Trade Imbalances

September 08, 2017

By John R. Hansen, CPA Advisory Board

This note describes how a Market Access Charge (MAC) can fix US dollar overvaluation, what the MAC is, and how it would put US workers and factories back on the job. 

“Bring Me Some Tariffs” New Trade Policies Offer Growth Boost—and Scare Economic Traditionalists

August 31, 2017

By Jeff Ferry, CPA Research Director

As President Trump talks more openly about aggressive action on the trade front to support the US economy, traditional economists and commentators, especially many on Wall Street, are raising the volume on a scare campaign, aimed at suggesting all sorts of imaginary negative consequences. 

Trade Agreements

NAFTA Withdrawal Unlikely to Cause US Consumer Harm

August 29, 2017

By Michael Stumo, CEO of CPA, and Jeff Ferry, CPA Research Director

President Trump raised the possibility of withdrawing from the North American Free Trade Agreement last week in an Arizona speech.

“Personally, I don't think we can make a deal ... I think we'll end up probably...

Trade Agreements

Why Economists Can’t Connect Free Trade and Low Prices to Economic Growth

August 25, 2017

By Jeff Ferry, CPA Research Director

Economists in the US are overwhelmingly in favor of free trade. But they continue to be frustrated that the public doesn’t buy their arguments. 

Trade Enforcement

High Tech Anxiety: Made in China 2025 Worries Industry

August 17, 2017

By Jeff Ferry, CPA Research Director 

The Trump administration’s rumored Section 301 investigation of Chinese trade practices opens up a new front in the ongoing “trade wars” with China, this time over intellectual property. A key event driving concern over Chinese use or abuse of foreign intellectual property was China’s...

Balanced Trade

US Trade Deficit Up 10% Over 2016, On Track for $550B This Year

August 07, 2017

By Jeff Ferry, CPA Research Director 

New trade figures from the Department of Commerce show the US international trade picture continues to deteriorate. 

Trade Enforcement

Buy America Movement Gathers Force

July 24, 2017

By Jeff Ferry, CPA Research Director

President Trump’s “Buy American week” was largely a feel-good event, but behind the scenes there is growing nationwide support in the political and business worlds for more US spending to go on American-made goods and services. 

Steel: Famous Economists Get It Wrong

July 13, 2017

By Jeff Ferry, CPA Research Director

When a large number of famous economists from all sides of the political spectrum agree on something, the odds are that it is wrong. A new letter on the subject of steel tariffs is a good example of that rule. 

Currency Misalignment

The Threat of U.S. Dollar Overvaluation: How to Calculate True Exchange Rate Misalignment & How to Fix It

July 13, 2017

This memo explains (1) the dollar overvaluation problem, (2) how to accurately calculate the dollar’s misalignment against trading partner currencies, and (3) how the Market Access Charge (MAC) that CPA and others favor would fix this serious threat to America’s future.

by Michael Stumo (CEO)
Jeff Ferry (Research Director)
and John...

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