Evolving Biden Trade Policy Last year the Biden Administration was said to be focusing on prioritizing enforcement in trade policy and not negotiating new trade deals. The President’s foreign policy was said to focus on “the middle class” and promised no new trade talks until Washington undertakes “massive” domestic investments, with massive later described as “trillions of dollars.” Now USTR Katherine Tai says that lasting trade policy is focused on engagement more than enforcement mechanisms and has asked the ITC to investigate the impact of trade on the underserved. With the failure of the Build Back Better plan in Congress, the massive domestic investment has been $65 billion in th...
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.