Tariff Confusion Fun Reactions to the U.S. Supreme Court’s ruling that general use of tariffs is not within the President’s authority under the International Emergency Economic Powers Act (IEEPA) have been wildly diverse. Mass media headlines initially celebrated the “smack down” of President Trump’s pomposity. That then morphed into uncertainty. The European Parliament first said it was stopping consideration of the transatlantic trade deal forced into negotiation by IEEPA tariffs, then the European Commission warned the White House that “a deal is a deal” when the President reverted to other tariff authorities. Trade policy experts have long noted that there are many alternative U.S. trade authori...
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.