Playing Down Tariffs President Biden’s National Security Advisor Jake Sullivan last week conceded that “there is still work to be done bringing tariff levels down in many other countries” but insisted that there are other fundamental trade priorities than simply bringing down tariffs. The Administration is correct that nontariff barriers and regulatory standards are important, but agriculture groups note that tariffs or duties are the go-to tool for managing trade. The Biden Administration itself has used tariffs on steel, aluminum, solar panels and other goods as its preferred form of border measure. The whole safeguard system of countervailing and antidumping measures relies on tariffs. So the Administration can try to...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.