It’s tariff day! President Trump followed through on his plan to impose tariffs on various imported products across the economy. At 12:01 a.m. EST today, 25 percent tariffs on Canadian and Mexican goods and an additional 10 percent tariff on Canadian energy products went into effect. President Trump also amended an Executive Order to raise the existing tariff on Chinese goods to 20 percent from 10 percent, citing China’s failure to take adequate measures to reduce the flow of synthetic opioids into the U.S. China: The tariff increase drew a response from China. The Council announced new 15 percent duties on U.S. chicken, wheat, corn, and cotton, set to begin Monday. Sorghum, soybeans, pork, beef, aquatic products, fr...
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...