World Perspectives

Trade Negotiation Update; Miscellaneous

Trade Negotiation Update There were no shortages of eye-opening news reports this week and the notable one on trade late today was President Trump’s announcement that he is ending trade negotiations with Canada. Ottawa’s decision to impose a retroactive digital services tax on American tech companies with payment due Monday precipitated the President’s announcement. It came just days after Mr. Trump agreed at the G7 meeting in Canada to drop his so-called revenge tax (Section 899 of the reconciliation bill) designed specifically to counter what are deemed unfair foreign taxes on American companies. Guess Canada interpreted his concession as a green light for their own punitive tax. President Trump promised he would inform...

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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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