World Perspectives

Overwrought Iron; Ethanol Compromise Conflict; Inflation and Market

Overwrought Iron President Trump announced today that he would be imposing protective duties on imports of steel (25 percent) and aluminum (10 percent). The Twitteria reacted with scorn, calling them “heavy” duties, and the Washington Post’s Jennifer Rubin warned that if “Trump starts a trade war, any recession will be on him.” Perhaps, but some balanced perspective is needed. First, Trump is not the first president to fulfill a campaign promise and impose punitive duties on steel imports. George W. Bush did likewise in 2002. Like Trump, he said they would be imposed for a long time. After a WTO dispute settlement panel ruled them illegal because there had been no surge in steel imports, though, Bush withdrew...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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