Sino-American Trade War II U.S. President Donald Trump says he will impose tariffs on an additional $200 billion worth of imports from China, perhaps this week. He is tempering his attack by cutting the tariffs from an earlier 25 percent to just 10 percent. The Chinese have responded by saying they may back out of bilateral negotiations intended to end the war and, lacking sufficient imports from America against which to counter-retaliate, Beijing will instead restrict the export of items needed in the supply chain by U.S. manufacturers. Undermining China Taiwan went through its regularly scheduled WTO trade policy review last week, but it did something quite irregular – it committed not to claim special and differential tr...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...