Trade Policy Confusion Indian Prime Minister Narendra Modi decried protectionism at the World Economic Forum today. In a speech widely perceived to be an attack on Donald’s Trump’s “America First” policy, Modi follows similar exhortations by Chinese President Xi Jinping at last year’s Forum. The graph below shows differences between the three countries in terms of applied tariffs. However, this ignores the much higher bound tariff rates by India and China as well as their larger number of nontariff barriers. Many in U.S. agriculture, which runs a trade deficit with India, have given up trying to export their products to Modi’s countrymen due to the hostility they face to any imports that would compete wi...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...