China Strikes First The Biden Administration’s light-handed approach to trade is starting to reveal its cost. Ecuador has just announced completing a free trade agreement with China. Ecuadorian President Guillermo Lasso, a South American moderate politician, visited Washington last month and while President Biden promised to strengthen the U.S. relationship with his country, there was no offer of a free trade agreement. Ecuador is a well-functioning democracy with an economy pegged to the dollar. President Biden recently signed a Congressionally approved U.S.-Ecuador Partnership Act, which transfers a couple of used Coast Guard cutters to Quito, and promises more economic integration and other supports, but China has the big price...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...