Tariff Follies Begin There is playing from strength, like having the leverage of oversized trade deficits, and then there is overplaying one’s hand. Blanket 25 percent tariffs on Canada and Mexico for ephemeral reasons fentanyl and immigration, two things Mr. Trump cannot even control in his own country, seems rash. Canada and Mexico will retaliate, and they may even drag out negotiations in a gambit that American consumers can get as irate as government grant recipients were early in the week when the President tried to stall their payments. Using the trade imbalance as leverage to achieve improved terms of trade could be legitimate. The rationale is not only flimsy, but the implementation tomorrow without protection for existing dea...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.