Reports from Brazil indicate that the government is leaning toward extending the TRQ for U.S. ethanol imports for 90 days (the TRQ expired yesterday). There has been no official action yet. The expected extension is considered a compromise solution from President Bolsonaro. It would hep the Trump Administration by maintaining the quota for duty free ethanol imports, and it helps Bolsonaro politically as the domestic industry is calling for eliminating the tariff free quota altogether and applying a 20 percent tariff. The U.S. industry wants total duty-free access like in 2017; the Brazilian industry wants market access to the U.S. sugar market in order to give up the TRQ. Brazil is subject to a quota for sugar exports to the U...
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...
From WPI Consulting
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.