WTO Gets Trumped The WTO was thrown out back on 2 April when President Trump announced his reciprocal tariffs. The tariffs totally violated U.S. obligations under the WTO but the signal was clear that the U.S. would no longer be constrained by any agreements at the WTO. Still, the Administration appointed trade negotiators to work in Geneva and participate in WTO deliberations. However, the latest salvo declared the WTO broken, unable to address Washington’s concerns about global trade imbalances and over-capacity. The Trump Administration declared the era of most-favored-nation treatment (treating all countries equally) is over. Much the way President Trump threatened to withdraw from NAFTA before renegotiating the USMCA, the strateg...
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...
From WPI Consulting
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.