World Perspectives

Doubling Down on Protectionism; Conflicting CAP Goals

Doubling Down on Protectionism Typically, the party platforms crafted every four years by Republicans and Democrats are equally meaningless. Some of their policy prescriptions become codified but many do not. But speakers at this week’s Republican Convention are leaving no doubt that “America First” is more than platitude. They are thinking and saying what is contained in the platform. The document itself is “Dedicated to the Forgotten Men and Women of America.” Specifically, Chapter 5 is headlined the Protection of American Farmers and Workers from Unfair Trade. The previously free trade Party now laments a trillion-dollar annual trade deficit and will seek a baseline of tariffs on imports, the decoupling fr...

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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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