Business lobbyists in Washington are urging the Trump Administration to seek a less confrontational approach with Europe but White House officials wonder where is the conciliatory attitude from Brussels? The silence thus far out of Europe on the killing of Iranian General Qasem Soleimani is viewed only as a concession if it is deliberate and not simply the result of an inability to reach a consensus opinion. The pressure on Europe begins tomorrow with a USTR hearing on retaliation against a French tax on U.S. tech firms. French President Emmanuel Macron is viewed as weakened by protests over his planned pension reforms. Next week, USTR finishes receiving comments on fully imposing Airbus retaliatory duties. Also next week, UST...
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.
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...