World Perspectives

Creeping Toward CPTPP

President Biden said he would first build back America’s infrastructure before re-engaging the U.S. in trade agreements. It should be noted that his infrastructure packages are stalled on Capitol Hill at the same time his trade policy has been creeping along toward fruition. Transatlantic agreements include a recently launched Trade and Technology Council and soon an agreement on steel imports. USTR Katherine Tai is actively involved in WTO negotiations, even if the details include the prior Administration’s efforts on transparency and reform of the dispute settlement process. A policy toward China has been articulated but it remains the 800-pound gorilla for the White House when it comes to trade and Asia.  China’s...

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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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