With China’s economic data scheduled to be released tomorrow, the U.S. has made yet another round of adjustments to the pending 10 percent tariffs on additional imports from that country. When the bilateral trade talks broke down in May, President Trump announced that he’d proceed with new tariffs on $300 billion worth of Chinese imports. A list of those products was published on 17 May, and, the president announced on 1 August that the duties would go into effect on 1 September. Today, the U.S. Trade Representative (USTR) announced that some products would be exempted based on health, safety and national security considerations. Other goods that are mostly imported (75 percent or more) from China will be exempted until 15 Dece...
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.