According to the ideological prejudices of the present, built up over nearly four decades of globalization, free trade and deregulation represent the natural order of things. History, however, tells us that the United States was a protectionist power for much of its existence, and the tariff was a crucial factor in its dethronement of Britain … Read More
Consumers may save money now by buying Chinese-made toys, shoes, apparel, and the like. However, they are simultaneously cutting the lifespan of Social Security – and therefore future benefits for themselves – by not buying goods from American producers. Foreign producers don’t pay taxes to America for the benefit of any taxpayer-funded program popular with … Read More
Andrew Jackson, in explaining his support for a tariff, wrote: “We have been too long subject to the policy of the British merchants. It is time we should become a little more Americanized, and, instead of feeding the paupers and laborers of Europe, feed our own, or else, in a short time, by continuing our present policy, … Read More
“If China were subjected to a 25 percent across-the-board tariff, GDP would increase by $125 billion over five years, with 721,000 new jobs created,” it said. CPA’s CEO Michael Stumo stated in a press release Dec. 13 that “China’s behavior remains unacceptable, and only a permanent, across-the-board tariff will make a dent in Beijing’s predatory … Read More
Get two FREE Buy American books when you reserve Roger Simmermaker’s new book UNCONSTITUTIONAL: Our Founding Fathers Rejected FREE TRADE And So Should We. UNCONSTITUTIONAL brings to light perspectives on the trade war that are being entirely missed by the media. With each advance order of my new book, you’ll get a FREE copy of … Read More
The acquisition would turn London-based Cineworld into the world’s No. 2 exhibitor behind industry giant AMC Entertainment, which is owned by China’s Dalian Wanda Group. In other words, the U.S. movie theater industry is basically gone. Read the article.
The company said Tuesday that about $750 million will go to the Michigan Assembly Plant in the Detroit suburb of Wayne, where 2,700 jobs will be added during the next three years. Another $700 million will be invested in the truck plant in Dearborn, Michigan, where 300 new jobs will be added. Read the article
Congressional leaders reached an agreement to bar Chinese buses and rail cars in a move that could severely hinder the electric vehicle industry’s ability to meet demand from cities that want to lower their carbon emissions. Read the article
Trade wars are an aftereffect of protectionism. Protectionism is not necessarily a bad thing. For instance, the Boston Tea Party was part of a trade war. Tariffs can help protect domestic businesses, jobs, and revenue against competition from foreign imports. Read the article
CPA believes that the tariffs on China should be increased to 25 percent across the board, and made permanent. CPA research has demonstrated that such tariff action could boost US GDP by $125 billion over five years, with 721,000 new jobs created. Read the article
