Tariff Tuesday As usual, there is some agreement with Donald Trump on his goal, in this case – improved terms of trade for a country running a perpetual trillion-dollar trade deficit. But then his negotiating tactic is so over-the-top kinetic that it throws the baby out with the bath water. Or as Neil Dutta of Renaissance Macro Research frames it, “He finally shot the hostage.” Even the President’s description of the problems and solutions are convoluted. The tariffs are being applied because other countries failed to stem the flow of illegal drugs or immigrants into the U.S., but if you bring in business investment you may avoid the tariffs. His America First Trade Policy released yesterday says it will reduce...
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: 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...