World Perspectives

Vietnam FTA; Debt versus Efficiency; Gallows Humor

Vietnam FTA USDA’s Foreign Agricultural Service notes that the U.S. is the largest trading partner with Vietnam that lacks a free trade agreement. The result is that U.S. farm product exporters continue to lose market share, especially in higher valued goods. At the same time, Vietnam’s food imports are rising. The EU is implementing an FTA with Vietnam and will likely cause larger losses for U.S. suppliers. It is a little awkward since Washington just categorized Vietnam as a non-market economy, but it is U.S. domestic politics that precludes negotiating an FTA with Hanoi.   Debt versus Efficiency Neither Kamala Harris or Donald Trump are talking about the U.S. national debt despite its threat to the dollar and the...

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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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