The Biden Administration is trying to shore up support for its trade policy ahead of next year’s election, but some are not buying it. National Security Advisor Jake Sullivan gave a long rambling speech on the topic last week but former USTR economist and now Progressive Policy Institute (PPI) trade specialist Ed Gresser mocked significant parts of it. He lauded Sullivan’s remarks on China but cautioned that, “Some other sections don’t hold up so well. The lengthier passage on trade policy in fact mixes eccentric history with jumbled policy arguments and ends with puzzlement about where the administration really wants to go.” He characterized the trade policy comments as a “study in breezy mis-summarizat...
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.
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...