China announced this morning a list of 696 U.S. products for which importers may apply for a tariff exemption. Importers must apply for the exemption by 2 March, with a particular volume of imports specified in the application. Import volumes above the applied for amount will be subject to the existing retaliatory tariffs. There is a 10 percent buffer on the applied for volumes. For a matter of scope, the 696 products are less than 14 percent of the 5,078 products targeted by China’s tariffs. However, today’s announcement also references products not on the list. Specifically, stating (very unofficial translation): … for products that are not on the list, the applicant may submit an application for adding ex...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.