Flights of Fancy In response to a recent WTO ruling on respective subsidies for Airbus and Boeing aircraft, USTR announced the proposed retaliatory tariffs against European aircraft and core agricultural products like dairy, seafood and wine. Brussels immediately said it would retaliate against American goods with tariffs that are bigger than those imposed by the U.S. Both Washington and Brussels have conflicting accounts of what the WTO dispute settlement panel concluded in the 14-year-old case. Each claimed to have won greater retaliation rights than the other, which will only be settled when the WTO panel opines the actual monetary figures allowed. Meanwhile, China has reportedly agreed with the EU to intensify discussions regarding int...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.