As the potential for a trade war with China escalates, and the rhetoric about NAFTA continues to heat up, we thought we’d step back and talk a bit about the perception underlying current political concern regarding trade: trade deficits. President Trump’s comments early in March stated that the U.S. has a deficit with almost every […]
Author Archive | Kathy Baylis, Steve Burak and Jonathan Coppess
The Japanese beef market’s lessons for trade policy
By Steve Burak, Kathy Baylis, Jonathan Coppess and Qianting Xie on February 1, 2018 in Agriculture, Commodities, Consumer, Economics, Food and Nutrition, International
For ten consecutive years, Japan has increased its meat consumption; consumption increased by 3.4 percent last year over the previous year to produce the highest level of growth in five years. Beef consumption, in particular, is expected to grow nearly 4 percent this year after two straight years of decline. Japan is already one of […]