China is set to implement retaliatory tariffs on a variety of U.S. goods starting as soon as today, further intensifying trade tensions between the two economic giants. The new tariffs, ranging from 10 to 15 percent will target American exports such as crude oil, liquefied natural gas, farm equipment, as well as other key products. These measures were announced last week in direct retaliation for new tariffs on Chinese imports, including the 10 percent additional tariff on imported Chinese goods that came into force after the leaders of Mexico and Canada were able to negotiate a 30-day pause on the implementation of 25 percent duties on goods bound for the U.S. Trump declared last week that the fentanyl crisis in America constituted a &ldqu...
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
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.