Trade Blame Game Deborah Elms of the Singapore-based Asian Trade Centre told a Washington audience this week that the U.S. flouting international trade rules is encouraging Asian countries to do likewise. This may be true if viewed in isolation, but then the inverse can also be said – Asia’s history of protectionism encouraged the U.S. to adopt similar intransigencies. After all, the number of dispute settlement cases against the U.S. has historically been proportional to its share of global commerce, whereas some other countries had caseloads in excess of their proportional contribution to trade. Importantly, the number of trade cases against the U.S. has increased substantially in concert with its expanded ill behavior. This...
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.