Domestic Tariff War Tariffs are applied to imported goods but in the U.S. the debate over their application to China has become a domestic fight. U.S. Treasury Secretary Janet Yellen told a House Ways & Means Committee this week that the Section 301 tariffs imposed on China by the Trump Administration “weren’t designed to serve our strategic interests” and her department is considering how to “reconfigure” them. It is unclear why it took Secretary Yellen a year and a half on a job overseeing 100,000 employees to reach that conclusion. Moreover, it appears in conflict with the implications of USTR Katherine Tai’s statement that their strategic value must be considered. Some members of Congress...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...