World Perspectives

U.S.-EU Trade Agreement

President Trump and EU President Ursula von der Lynen announced on Sunday that they reached an outline of a Cooperation Agreement on Reciprocal, Fair and Balanced Trade. This is the Trump Administration’s fifth agreement to date, along with the UK, Japan, Indonesia, and Vietnam, which is still far short of the “90 deals in 90 days” goal of the Administration.  Under a “no deal” scenario, the EU would face 30 percent tariffs in the U.S., a level that the EU said would jeopardize transatlantic trade. Under the agreement, the EU will remove significant tariffs, including the elimination of all EU tariffs on U.S. industrial goods. The EU will pay the United States a tariff rate of 15 percent on all goods, incl...

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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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