EU to Pursue Tech Tax If OECD’s Global Push Fails, Vestager Says

The transcript discusses the impact of the trade war on various sectors, including operating leases in construction equipment and the broader industrial market. It highlights the cautious approach of companies due to economic uncertainty, affecting both short and long cycle investments. The agricultural sector, particularly soybeans and corn, is significantly impacted by retaliatory tariffs, with a shift in demand to Brazil. The discussion also touches on the seasonal nature of agricultural purchases and the potential for short-term recovery if trade relations improve.

What is the significance of the phase one deal in relation to the trade war and its economic implications?

Discuss the impact of the trade war on farmers and which crops are most affected.