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Michael Stumo is the Chief Executive Officer of the Coalition for a Prosperous America (CPA), a coalition of US-based agriculture, manufacturing and organized labor associations, companies and individuals. CPA works for policies to reform U.S. trade, maintain U.S. sovereignty, and develop an effective national production and economic strategy.
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Tuesday, January 26, 2016
How To Think About The New Peterson Institute Report On The TPP The Peterson Institute for International Economics (PIIE) released a report today that trumpets embarrassingly small gains from the Trans-Pacific Partnership trade agreement. The PIIE and media headline writers wrongly focus upon one number - $141B increase to US incomes - to create the illusion of future prosperity from the TPP.
Tuesday, January 26, 2016How To Think About The New Peterson Institute Report On The TPP The Peterson Institute for International Economics (PIIE) released a report today that trumpets embarrassingly small gains from the Trans-Pacific Partnership trade agreement. The PIIE and media headline writers wrongly focus upon one number - $141B increase to US incomes - to create the illusion of future prosperity from the TPP.
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Friday, November 20, 2015
More U.S. Plants Closing Thanks to Washington's Trade Negotiators Cliffs Natural Resources, a Minnesota iron ore producer, will shut down a plant. Alcoa is idling or closing two plants in Washington and New York states due to a recent thirty percent price drop for aluminum. The steel industry in the U.S. is operating at a fraction of its full capacity. However, Alcoa's production in China and elsewhere will continue.
Friday, November 20, 2015More U.S. Plants Closing Thanks to Washington's Trade Negotiators Cliffs Natural Resources, a Minnesota iron ore producer, will shut down a plant. Alcoa is idling or closing two plants in Washington and New York states due to a recent thirty percent price drop for aluminum. The steel industry in the U.S. is operating at a fraction of its full capacity. However, Alcoa's production in China and elsewhere will continue.
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Friday, October 16, 2015
TPP: Cutting 18,000 Tariffs? So what? Michael Froman, the US Trade Representative, is promoting the Trans-Pacific Partnership (TPP) to a skeptical Congress with the lead claim that the deal will cut 18,000 tariffs. The implication is that the result will be American growth. But he does not claim US growth because that would be a lie.
Friday, October 16, 2015TPP: Cutting 18,000 Tariffs? So what? Michael Froman, the US Trade Representative, is promoting the Trans-Pacific Partnership (TPP) to a skeptical Congress with the lead claim that the deal will cut 18,000 tariffs. The implication is that the result will be American growth. But he does not claim US growth because that would be a lie.
