World Perspectives

Wishful Thinking; Better Buyers than Sellers; Siloed Market

Wishful Thinking The EU is developing a new trade policy intended to rapidly respond to “coercive measures” by third countries, such as Donald Trump’s steel and aluminum tariffs, or China’s recent squeeze on tiny Lithuania. The idea is that if foreign countries knew that Brussels could respond more quickly and harshly with its own punitive trade measures, it might prevent adverse actions by adversaries. Maybe. Europe counter-retaliated against Trump tariffs and that was anticipated. Making governance more responsive to fast-moving events is laudable but they must be overwhelmingly large, not comparable, to be preventative. That is why it will take collective western action to prevent Vladimir Putin from taking Ukrai...

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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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