Channeling HamiltonAlexander Hamilton, the first U.S. Secretary of the Treasury, encouraged the Tariff Act of 1789, the Tariff Act of 1790, and the Tariff Act of 1792. He used tariffs to fund the government and protect domestic industries from British exports. President-elect Trump has pledged large tariffs on China and more recently said he would impose more tariffs on China, Canada, and Mexico until they stop sending fentanyl and migrants to the U.S. Current Treasury nominee Scott Bessent has a 3-3-3 policy: bring U.S. deficits down to 3 percent of GDP (currently 6.3 percent), lift economic growth to 3 percent (from 2.5 percent in 2023), and increase oil production by 3 million barrels/day. He has characterized the threat of tariffs...
World Perspectives, Inc. welcomes Steve Wolf as Director of Commodity Intelligence. Steve brings a broad range of agribusiness, commodity market, and consulting experience to WPI from previous roles at Tyson Foods and Informa Economics (now part of S&P Global). Steve most recently spent thr...
What You Need to Know Today: The USTR says Brazil has committed “unreasonable” acts against global trade rules and is recommending at 25 percent tariff on nearly all Brazilian ag products (unclear whether this includes beef amid President Trump’s effort to lower beef prices)...
Beef prices hit record highs in April 2026, and that is in large part due to robust consumer demand. Despite economic pressures on consumers, there is not much evidence of consumers trading down from beef. Much of that was due to the COVID pandemic when consumers learned new ways to...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.