Indian Commerce and Industry Minister Piyush Goyal says that India would be “happy and willing” to negotiate a trade agreement with the U.S. American farmers should be pummeling the White House to pursue such a deal. India runs a large trade surplus with the U.S. and benefits from substantially lower tariffs than those it applies to U.S. products. The Biden Administration is negotiating a trade agreement with Kenya, which would bring far less benefits to the American economy than a deal with India. Even if such a negotiation fails, it would highlight the mercantilist structure of India’s trade policy. ...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
The Trump Administration is planning a suspension of tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means to address high beef prices in the U.S. U.S. cattle and beef prices have increased based on exceptionally strong consumer demand, the smallest U.S. cattle herd in 75...