WTO Foil Senator Josh Hawley (R-Missouri) added arguments to his call for a U.S. withdrawal from the WTO but they are not necessarily good ones. Hawley will use procedural requirements to get a Senate vote on WTO withdrawal and he will lose badly. The House has far more trade skeptics than the Senate and past efforts at withdrawal in that body managed to get just 12 to 19 percent support. Look for half that number at best in a Senate vote. His arguments reinforce President Trump’s complaints about the global trade body, but they are purely rhetorical. His latest is that the WTO limits the amount of subsidies that can be given to farmers. This is true but to a far less degree than the limits it places on most other countries. Moreove...
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.