US-PRC - What to Believe? The negotiations are going great again. All is well. Be calm markets. Are the two sides, China and the U.S. on track together? Is Trump nervous about the economy and willing to settle for less than before? Is Xi nervous about the Chinese economy, or just giving Trump another opportunity? Is this just another shot of morphine to ease the pain and elongate tolerance for the war? In some ways, the bar for Trump is getting lower. Democratic presidential candidate Beto O’Rourke says that as president, he would end the tariffs and simply ask China to fundamentally change their economy because we want them to do. This attitude inoculates Trump against the charge that he settled for too little. But when the w...
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.