African Alphabet Rep. Don Beyer (D-Virginia) is asking the Biden Administration to reconsider Ethiopia’s suspension from AGOA trade benefits, arguing that it needs trade with the U.S. to recover from a two-year civil war. Such a review would be out of the normal review cycle. Separately, a State Department official has suggested the Administration is considering how to integrate AGOA with the African Continental Free Trade Agreement (AfCFTA). Intentionally or not, these issues elevate the fact that with GSP and other forms of trade and aid policies, the U.S. operates a hodgepodge of alphabet soup policies that lack integration and coordination. Green Subsidies War U.S. agriculture has feared a new trade war with Europe after...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
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.