We explore some geometric and analytic consequences of a curvature condition introduced by Ma, Trudinger, and Wang in relation to the smoothness of optimal transport in curved geometry. We discuss a conjecture according to which a strict version of the Ma-Trudinger-Wang condition is sufficient to prove regularity of optimal transport on a Riemannian manifold. We prove this conjecture under a somewhat restrictive additional assumption of nonfocality; at the same time, we establish the striking geometric property that the tangent cut locus is the boundary of a convex set. Partial extensions are presented to the case when there is no pure focalization on the tangent cut locus