The Trump Administration is planning a suspension of tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means to address high beef prices in the U.S. U.S. cattle and beef prices have increased based on exceptionally strong consumer demand, the smallest U.S. cattle herd in 75 years, and the suspension of feeder cattle imports from Mexico due to the New World Screwworm (NSW). TRQs allow a certain amount of beef, established as a quota based on historic volumes imported, into the U.S. at a relatively low tariff rate, and anything above the set quota faces a much higher rate. For the biggest catch-all category, known as the “Other Countries” quota, which is a “first come, first served” quota, beef imp...
From WPI Consulting
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.