New, Old Approach Having had its broad IEEPA approach to applying global tariffs shot down by the High Court, USTR announced yesterday that it is launching Section 301 investigations against 16 countries for unfair trading practices. Unlike IEEPA, Section 301 of the Trade Act of 1974 has a long and grounded legal history. More cases are promised, but the initial set focuses on structural excess capacity in manufacturing. The language being used could equally apply to American agriculture. USTR produces the annual National Trade Estimates report with nearly 400 pages covering asserted unfair trading practices by around 60 countries. USTR Jamieson Greer himself said these “have been concerns for a very, very long time.” Only...
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.