CPA believes that foreign adversaries like China should not be able to exploit U.S. capital markets and tens of millions of unwitting American investors in order to fund activities that pose a threat to U.S economic and national security.
In order to protect retail investors and pensioners, CPA believes that companies should only be able to access U.S. capital markets if they are in compliance with all U.S. laws for transparency and accountability. Additionally, any company, including its subsidiaries, sanctioned by the U.S. government should be prohibited from accessing our markets, and no American investor — retail or institutional — should be able to invest in any financial product of a sanctioned company, including securities and other investment products like Exchange Traded Funds (ETFs).
U.S. investors are inadvertently funding Chinese companies involved in activities contrary to the national security, economic security, and human rights interests of the United States. For decades, Wall Street has profited by helping the Chinese Communist Party (CCP) fund its companies via U.S. capital markets, exploiting tens of millions of unwitting American investors in the process. Currently, there are Chinese companies integrated into U.S. capital markets that actively assist the CCP and its campaign of evil, including Beijing’s genocide and human rights abuses against the Uyghurs and companies helping to strengthen and modernize the People’s Liberation Army, Navy, and Air Force.
CPA advocates for the inclusion of more companies on existing sanctions lists, as well as creating new sanctions to protect American investors from these harmful companies that not only pose material risk to the return on investment, but also threats to American security. Via legislative, regulatory, and executive branch tools, CPA advocates for a U.S. government strategy that cuts off funding to the CCP and protects hard-earned investment capital.
House Speaker Mike Johnson (R-LA) and Senate Majority Leader Chuck Schumer (D-NY) each have expressed their desire to move forward this Congress with a bill to prohibit U.S. capital, economic incentives, and trade preferences from benefitting China and other adversarial nations. Importantly, this legislative package would also seek to build American productive capacity to eliminate dependence on those nations, especially in industries that are critical to U.S. economic and national security. The Coalition for a Prosperous America (CPA) endorses the following legislation for inclusion in any such package.
The Committee hearing on shipbuilding took place on July 22. Like everything else tied to global trade, China competition was the impetus to building a shipbuilding and modern port infrastructure industry domestically.
This report shows in stark numbers what American patients and pharmacists already feel every day – our medicine cabinet has been hollowed out, and we are now dangerously dependent on a handful of foreign, sometimes even adversarial, countries for the drugs that keep people alive.
For the first time on record, the United States makes barely a quarter of the medicine it needs.
President Trump’s revision to the steel tariff in 2025 was meant to fix the tariff inversion problem – situations where we tariff steel imports, but not things made of steel. Putting a tariff on metal can imports, but not metal cans filled with food, is a perfect example of mindless tariff inversion driving offshoring. This precise problem was solved and settled in 1930, and Commerce and USTR can fix it at any time with existing authority.
Meanwhile, Others Call for Tariffs on Lamb Meat, Sugar and Steel-Making Ores
Companies making goods from the Department of War (DoW) will now need much clearer visibility into their supply chains, especially if a product they make or buy includes critical minerals.
