Last Friday China announced it would impose temporary anti-dumping duties on pork imports from the EU. China's commerce ministry said that the investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union are being dumped." The investigation is thought to be retaliation for the EU investigating subsides for China’s electric car industry. The new duties will enter into force tomorrow, on 10 September. For EU companies that cooperated with the investigation, the tariffs were set at 15.6 percent to 32.7 percent, for all others the tariff was set at 62.4 percent. The provisional measures, which require deposits, are still subject to China&rs...
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...