China Enforcement Problems President Trump says the U.S. will keep punitive tariffs on China to ensure it keeps its commitments. USTR Lighthizer reportedly wants to remove them gradually as China demonstrates adoption of the agreement’s obligations. Others say reapplication of the tariffs will be the enforcement mechanism, but China objects to such a one-sided approach. U.S. agriculture is concerned because unless they are removed, China will maintain its retaliatory tariffs with American products continuing to be blocked from the market. The need for an enforcement mechanism is logical. If the U.S. is certain that it will abide by any of its commitments, it should have no problem with a “fair and equal” enforcement mecha...
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.