World Perspectives

Japan–U.S. Trade Deal Implemented

The U.S.-Japan trade deal is now in place. It provides for a 15 percent tariff on most goods entering from Japan. For goods that were subject to tariffs less than 15 percent will now face higher duties at 15 percent, but goods that faced duties of 15 percent or higher will not increase. The tariffs apply retroactively to goods entered for consumption on or after 12:01 a.m. EDT on 7 August 2025 and shall replace earlier reciprocal duties imposed under the administration’s tariff program. However, the tariffs are still subject to uncertainty in the U.S. legal system for at least another month, specifically, those tariffs implemented under the International Emergency Economic Powers (IEEP) Act. A U.S. appellate court confirmed the findin...

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USMCA Review Underway

U.S. trade officials have started the formal review process for the U.S.-Mexico-Canada Agreement (USMCA), inviting public comment ahead of next year's renegotiation of the pact. Under the process, the Office of the U.S. Trade Representative (USTR) will eventually be required to provide reports...

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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.

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