Fitch reports on Chinese tariffs impacting US agriculture
Chinese tariffs stinging farmers
- Chinese tariffs on US agricultural imports escalate trade related risks to US farm sector , which is experiencing falling sales and land values
- Ongoing trade wars impact equipment loan and lease ABS collateral performance
- Ongoing trade wars have placed greater pressure on already stressed US agricultural sector
Biting tariffs will get Trump to the dealing table quicker than anything else, I would say. He won't want to see tariffs stinging the US.