It was another day of market turmoil over tariffs. There is still not enough clarity or transition time for businesses. The high tariffs between the U.S. and China seem likely to be permanent. The public will only accept the high cost of this war if they understand and accept its goals. History is not kind on this score. Christopher Irons notes that four previous presidents raised tariffs (John Quincy Adams, 1828); John Tyler, 1842; Benjamin Harrison, 1890; and Herbert Hoover, 1930) and "...each of those earlier presidents and their parties lost subsequent elections, and their tariff policies were repealed." Economist Craig Pirrong says China is the sole focus of Trump’s trade war, and that the tariffs are not fit for purp...
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
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.