Afternoon Coffee: U.S. threatens more tariffs for EU; Spend Matters Nexus launches as advisory for private equity, C-suite; trade war lessons

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Amid the U.S.-China trade war, the U.S. government threatened to impose tariffs on $4 billion of additional EU goods, on top of the previous tariffs worth $21 billion that were announced in April. Reuters reported the U.S. Trade Representative’s office made public the list of new products added to the tariff list, including olives, Italian cheese and Scotch. Over the weekend at the G-20 summit, the Trump administration decided not to add tariffs to products to China.

Spend Matters Nexus — M&A intel, corporate advisory

Spend Matters Founder Jason Busch announced the launch of Spend Matters Nexus, a new membership, research and advisory organization.

Nexus serves both private equity firms, investors and corporate development by providing market intelligence, market access, expert advisory and due diligence expertise, as well as CEOs, boards and leadership teams by offering insights covering product strategy, corporate development and business development initiatives. All members can attend invitation-only networking opportunities.

“When capital allocation and strategy are optimally aligned and executed against,” Busch said, “the best products get built, the best partnerships are forged and nurtured, and the right companies are brought together. A continuous flow of improvement and innovation funnels back to customers.”

Trade war lessons: U.S. pork producers enter new markets to offset losses

The U.S. pork sector has offset the hundreds of millions of dollars in export losses due to the U.S.-China trade war by adding new markets. According to a Reuters analysis of data from the U.S. Meat Export Federation and the U.S. Department of Agriculture (USDA), this sector now targets new customers in smaller markets, from Colombia to Vietnam. The pork industry’s success contrasts the sharp sales reductions experienced by other U.S. farm sectors, such as soybeans and sorghum.

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