Over the weekend and yesterday, President Trump sent letters to 14 countries proposing new blanket rate tariffs to go into effect on 1 August unless a trade deal is reached. These tariffs would affect all imports beyond key sectoral tariffs already proposed. In the letters, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own duties. Trump signed an Executive Order determining that certain tariff rates, which were initially set to expire on 9 July – i.e. tomorrow – will now expire on 1 August. Trump took these actions based on information and recommendations from senior officials, including information on the status of trade negotiations. Since he modified the tariff rates ro...
Key Takeaways: The EU's new deforestation regulations, taking effect 30 December 2026, could alter global soymeal trade through stricter traceability requirements and higher compliance costs. Brazil's complex supply chains are likely to complicate compliance with the new regulations, potential...
The brewing West Coast port strike involving about 250 maritime watchmen, or approximately 2 percent of port employees, has been postponed until 5 November after the workers agreed to extend the strike deadline. The watchmen control and inspect truck and employee access at terminal gates. A sho...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.