World Perspectives

Tariffs, but It’s NTBs; Measuring War; Other Distortions; Bye-Bye Pruitt

Tariffs, but It’s NTBs Additional retaliatory tariffs were applied by Mexico today, and another round of U.S. tariffs will be applied to China at the stroke of midnight. Soon there will be more retaliatory tariffs and, presumably, counter-retaliatory tariffs. Two-thirds of U.S. agricultural exports go to countries that President Trump has declared war against. Former Australian economics editor Alan Mitchell thinks tariffs miss the real problem, which is nontariff barriers (NTBs). Indeed, at least one Trump administration official says that gaming the trade rules is so prevalent that it’s hard to see who is benefitting anymore. Mitchell speculates that maybe the trade war will bring attention to this problem since the WTO has r...

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Summary of Futures

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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.

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