Trade Programs Renewal: Trade promoting Republicans want to use their new majority in the U.S. House to push through renewal of the Generalized Systems of Preferences and a Miscellaneous Tariff Bill. India raised its desire to have renewed GSP benefits at this week’s 13th U.S.-India Trade Policy Forum. International Data Body: Japan will use its presidency of the G7 this year to push forward the creation of a permanent digital governance body. The goal is to have a free flow of trusted data. Industrial Policy: Europe is getting closer to responding to the U.S. Inflation Reduction Act and protecting its own auto makers by starting its own industrial strategy and subsidies. This is not new to the transatlantic with Boeing...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.