A look at Argentina’s fiscal and economic policy is instructive on two levels. First, understanding its impact for Argentina’s position in ag commodity trade, and second as a policy analog. President-elect Trump will create the new Department of Government Efficiency (DOGE) which will be part of the Office of Management and Budget (OMB) and has announced that Elon Musk and Vivek Ramaswamy will be DOGE’s leaders. Recently, Musk said Argentina had made "impressive progress,'" while Ramaswamy said that the U.S. needed "Milei-style cuts on steroids." Both comments were posted on the social media platform X (which Musk owns).Argentine President Javier Milei was elected in October 2023 and assumed office on 10 December 2023. Milei is a supply sid...
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
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.