World Perspectives

Why Trump Wants Trade War; Beggar Farm Policy; Heavy Pruning for Finance

Why Trump Wants Trade War The U.S. media is emphasizing the impending harm from steel and aluminum tariffs to be imposed by President Donald Trump. These include Europe’s threat to retaliate with tariffs on Kentucky bourbon, Wisconsin motorcycles and Hollywood movies. Swedish Prime Minister Stefan Löfven correctly warned in Washington today, “Increased tariffs will hurt us all in the long run….” However, trade wars are not one and done. Retaliation by Europe, for example, would lead to counterretaliation by the U.S. and then counter-counterretaliation, etc. This is the slippery slope hoped for by President Trump since he believes that scenario works to the favor of a large trade deficit nation like the U.S. Bo...

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Remembering 9-11

Twenty-four years ago, on September 11, 2001, the U.S. experienced one of the most tragic and influential days in the nation’s history. The events of that day would spark great unity, and later division, as our nation grappled with terrorism’s fallout. The days and weeks immediately...

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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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