Tying climate change requirements to trade agreements may seem wise, but doing so holds dangerous moral implications. Elsewhere, negotiation means everybody gets something and NAFTA renegotiations mean Mexico should target the U.S. sugar supply management program. Moral Based Trade When activists in Europe and the U.S. began insisting that trade agreements be conditioned on labor and environmental policy obligations, there were warnings about the slippery slope of adding externalities. Now members of the European Parliament are demanding that a trade agreement between the EU and India be conditioned on religious freedom. This moral conscious issue would be a problem in many countries, especially with those just across the Mediterranean fr...
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.