Long Answer to Short WTO Deputy Director-General Angela Ellard explained the role of international trade in addressing climate change at a meeting of “Global Leaders for Climate Action” but not in a straight-forward fashion. She properly endorsed a global carbon tax as the fairest means for addressing externalities and argued that generally taxes, tariffs, subsidies, regulatory measures and other instruments are relevant for implementing climate policies. She acknowledged that “it is tempting to think only that trade contributes to climate change through emissions caused by the production and transportation of goods. But this view is incomplete because trade is also a central part of the solution, enhancing both adaptatio...
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.
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...