United States Trade Representative (USTR) Jamieson Greer on Wednesday announced the initiation of investigations regarding the “acts, policies, and practices” of various countries under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors. These investigations will determine whether those acts, policies, and practices are unreasonable or discriminatory and burden or restrict U.S. commerce. Greer’s office will begin accepting public comments by 15 April. The Administration will then hold a public hearing on or around May 5. The announcement comes after the 20 February ruling by the Supreme Court against the International Emergency Economic Powers Act (IEEPA),...
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.