Biden Trade Agenda Speculation remains ripe over the trade policy changes that are likely under President-Elect Joe Biden. Trade is said to not be a top priority due to the ongoing economic stresses, which is somewhat contradictory given that trade is a boost for the economy. There is hope that the TransPacific Partnership (TPP) will be re-elevated, though TPP highlights the political sensitivity of trade. Rejoining the Paris climate agreement is politically easy compared to making concessions on trade. As a Lame Duck, President Trump has little leverage over Beijing. Alternatively, Mr. Trump’s eagerness to wear the black hat could make him a useful trope for the incoming Biden team. The two sides seem unlikely to work together but t...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...