Trump Trade Policy Explained In a Foreign Policy magazine article by USTR Robert Lighthizer, the Trump Administration’s trade policy is explained as a rejection of the historic bifurcated view of it either being geopolitical or economic, and instead the focus being on the well-being of Americans. Specifically, the goal is to maximize competition to the point that it doesn’t hurt the half of Americans that are not college educated and have been hurt most by outsourcing manufacturing. He says it is callous for ivory-tower types to argue free trade should prevail and society should be forced to adapt. He believes trade policy should reflect the type of society that is desired. He defends the Administration’s kinetic a...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.