More than a quarter of respondents to an Agrimoney survey say trade issues, such as introduction of tariffs or disintegration of trade pacts, are “the biggest concern for world agribusiness investors,” says the London-based news site. But President Trump won mention by 20 percent of respondents, including one who called him “the elephant in every room, including on ag.”
“Many readers linked their concerns to Mr. Trump, who has threatened tariffs on imports from China and Mexico, two of the biggest US trade partners in agriculture, besides pledging a shake-up of North America’s Nafta treaty, and withdrawing the US from the Trans-Pacific Partnership with countries such as Australia and Japan,” said Agrimoney.
The British vote to leave the EU was flagged by 15 percent of participants in the survey. “Other frequent areas of concern raised by the survey included weather and climate factors, including global warming, mentioned by one-quarter of respondents.”