India Concessions U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet tomorrow at the White House. Trump says other countries treat the U.S. badly and perhaps none more than India. Its trade policy is dominated by protectionism. It has led the movement by developing countries at the WTO to retain large border measures (Special & Differential Treatment) while demanding greater concessions by rich countries. This dynamic has stalled most progress at the global trade forum forcing like-minded countries into plurilateral agreements. It continues to subsidize agriculture and export its surpluses in contravention of WTO rules. But in contrast with the EU, New Delhi is being conciliatory, signaling it is willing to lower t...
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.
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...