World Perspectives

Geopolitics and Trade; Labor’s Distortions

Geopolitics and Trade Post WWII trade policy by Washington was largely driven by Cold War tactics. Offer countries easier access to the big American consumer market in exchange for supporting the West against the Soviet Union. There was a brief 20-year period after the fall of the USSR in which geopolitics and economics became less entangled but Russia’s invasion of Ukraine and China’s hysteric reaction to a U.S. Congresswoman going to Taiwan has changed the calculus. Now the Biden White House has put possible tariff cuts on Chinese goods on hold, and it has imposed ample sanctions on Russia. Labor’s Distortions USTR Katherine Tai made clear in her presentation this week to the United Steelworkers’ union that orga...

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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.

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