World Perspectives

Future of Trump Trade Policy; Iced Coffee

Future of Trump Trade Policy  The U.S. has lower tariffs and fewer nontariff barriers than most other countries. The theory of Trump trade policy has involved an eye for an eye – imposing tariffs to leverage more equitable treatment. It has not worked well. South Korea, Canada and Mexico were turned, but most other countries have simply reciprocated in kind. If tariffs are punitive and harmful, it is apparently only at the margins. New Delhi is being forced to accept the loss of its nonreciprocal benefits under Generalized System of Preferences (GSP), but India is among the top 20 least trade-dependent, developing countries. The latest threat of tariffs on Mexico for failing to secure the southern side of the border with the U...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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