The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreApr 2018
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The trade tariff wars between the US and China have reached new highs, as more product groups and industries are being affected on both sides. The recent introduction of increased tariffs on agricultural commodities has left US farmers questioning their business future. While initial threats were seen by pork processing and fruit, vegetable and nut farming, the extended list included soybeans, which is raising the level of concern..
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
As China plays a significant role in ensuring business and pricing stability for US soybean farmers, soybean farming will experience the highest impact from tariff increases.
Expanding production of cotton in the US and the restrictive Chinese measures are likely to push down US cotton prices, negatively affecting Texas and southern states.
Wisconsin will be most affected by the tariffs on ginseng, as loss of trade with China would undoubtedly affect state income and market prices.
The US meat industry is expected t lose exports of less marketable swine and bovine products, such as edible pork offal or bovine hides and skins.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.