Transatlantic Firing Squad The WTO approved 71 percent of the amount the U.S. requested as retaliation for Europe’s subsidization of Airbus aircraft. Washington is likely to impose $7.5 billion worth of tariffs and/or withdraw trade concessions after getting final approval from the Dispute Settlement Body late this month. The EU would like the U.S. to instead call a truce and negotiate a bilateral settlement that encompasses an expected WTO ruling against state support for Boeing. However, that is an unlikely outcome. First, the Trump Administration feels slighted by Brussels, which refuses to negotiate a comprehensive “free, fair and reciprocal” trade agreement with Washington. President Trump was to renew his fru...
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.