Responding to Trump Protectionism European farm ministers answered Donald Trump’s “protectionism” with, well more protectionism. German Farm Minister Julia Klöckner summarized the ministers CAP reform discussions this week by saying, “We need greater European autonomy on food supply.” In Orwellian fashion, the ministers supported country of origin labeling not for protectionism but because EU consumers have an increased interest in local and regional products. And it cannot be protectionist because it will be administered at the EU-level rather than by member states. Agriculture Commissioner Janusz Wojciechowski was more direct, complaining Europe was too dependent on imports, particularly fe...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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...