Transatlantic Deal - Not The EU is making the ‘generous’ offer to drop its $4 billion trade retaliation against Boeing if the U.S. will drop its $7.5 billion trade retaliation against Airbus. The imbalance in concessions aside, the Biden Administration is looking like the Trump wolf in sheep’s clothing when it comes to trade policy, which means it is unlikely to be so magnanimous. The White House is not only keeping tariffs on steel and aluminum imports but reversed Mr. Trump’s decision to lift them on products from the UAE. Trump’s proposed tariff removal was a quid pro quo for Abu Dhabi signing the Abraham Accords Peace Agreement so it is unclear what this says about Mr. Biden’s views toward Israel. Th...
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.