GSP Leverage If the Trump Administration gets voted out of office next week, it will not be without having reset U.S. trade policy. The latest move is suspending Generalized System of Preference benefits to Thailand for failing to provide adequate access to American goods and services. It follows the model used to leverage policy change in India, which imports even less from the U.S. than Thailand, despite having an economy five times larger than the one managed by Bangkok. Should he be elected on Tuesday, Joe Biden will be challenged to return to the less confrontational trade policy approach of the past. The U.S. economy is challenged, unemployment remains high, the terms of trade are unfair, and Trumpians will be screaming about such in...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...