The Biden Administration went through a rapid succession of descriptors for its trade policy toward China before settling on de-risking. It initially called for decoupling but switched to re-shoring. This upset allies and so next it tried friend-shoring. It has stuck with de-risking for a while now and it has influenced trade flows. Imports from China have declined, with substitution particularly from Vietnam and Taiwan. Some argue that China’s exports to Mexico, Vietnam and other countries have surged and that U.S. imports continue from China but in an indirect form. What is striking is how U.S. imports from some of the same trading partners have changed over the period. Keeping in mind that U.S. food imports from many of thes...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
New Trade Agreements U.S. and Indian officials say that bilateral trade negotiations are progressing on a comprehensive deal to expand earlier completed chapters on market access, NTBs and purchases. Prime Minister Narendra Modi has become more free trade oriented since consolidating his power...
Free Trade to State Direction Conceptually, American farmers are huge winners under a free trade policy promising fair and equitable terms. As critics of President Trump’s trade wars will be quick to point out, “U.S. farmers have been some of the biggest beneficiaries of U.S...
From WPI Consulting
Illuminating the value of technical research
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