Biden SOTU versus EU Hopes President Joe Biden in his State of the Union address tonight will call for increased application of Buy America provisions in government contracting. Separately, German Economy Minister Robert Habeck thinks a free trade agreement with the U.S. limited to just critical minerals will unlock access for German automakers toward obtaining American taxpayer subsidies under the IRA. Meanwhile, Jonathan Packroff of Euractiv questions the whole EU hissy fit over the IRA, noting that it involves no more subsidies than EU countries themselves already spend on wind, solar and EV’s. The critical issue is that the IRA conditions tax credits on Made in America, something Biden is doubling down on and is WTO-illega...
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.