State Planning For years the term industrial policy was anathema to the Washington consensus that markets work best. Now USTR Katherine Tai is calling for a new industrial policy to match a transforming global economy. If you can’t fight the Chinese model and get Beijing to change, the U.S. is instead joining the central planning of the communist party. She also believes there is a compromise with trading partners on the new EV subsidies though the solution is unclear. The Biden Administration knows that green subsidies for solar enabled other countries to supply the cheapest solar panels available. But they want EV’s to be produced in the U.S., or at least only partially supplied by countries with which there is a free trade a...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.