Shadowy Trade Policy White House press spokesman John Kirby prefaced President Biden’s trip to Northern Ireland this week by saying, “He’s going to talk about trade and economic prosperity in Northern Ireland and all the opportunities that opens up between ... the United States and the UK.” Yet President Biden kept his meeting with UK Prime Minster Rishi Sunak very brief, and he ignored press questions about a free trade agreement. Meanwhile, a survey of business leaders by Inside U.S. Trade reflected a large amount of uncertainty about the Indo-Pacific Economic Framework for Prosperity (IPEF) negotiations. The Administration has focused on its relationship with organized labor while keeping its distance from indust...
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...