vs China
Trade war, heavy rains credit weigh on Deere & Co.*
"'Ongoing concerns about export-market access, near-term demand for commodities such as soybeans, and a delayed planting season in much of North America are causing farmers to become much more cautious about making major purchases,' Deere Chairman and CEO Samuel Allen said in a prepared statement Friday."

vs Central America
Courts weigh Trump's plan to tap Pentagon for border wall

The Defense Department transferred $1 billion to border wall coffers in March and another $1.5 billion last week. Patrick Shanahan, the acting defense secretary, may decide as soon as Wednesday whether to transfer an additional $3.6 billion.

Last month, the Army Corps of Engineers awarded a $789 million contract to SLSCO Ltd. of Galveston, Texas, to replace 46 miles (74 kilometers) of barrier in New Mexico, paid for by Pentagon funds.

On Wednesday, Barnard Construction Co. of Bozeman, Montana, won a $141.8 million contract to replace 5 miles (8 kilometers) in Yuma and 15 miles (24 kilometers) in the Border Patrol's El Centro, California, sector. Southwest Valley Constructors of Albuquerque, New Mexico, won a $646 million contract to replace 63 miles (101 kilometers) in the Border Patrol's Tucson, Arizona, sector. All of those projects are funded by the Defense Department, with construction expected to begin in as little as 45 days.
[...]
Aside from California, states participating in the legal challenge are Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia and Wisconsin.

injunction sought, one might suppose.
--
* Brazil and Argentina soy exports to China during spring and early summer anyway. Other US grain commodities beyond scope of article. Chinese PMs and intermediate goods subject to tariff ignored elsewhere. Catepillar manufactures and sells in China.

Diversity is the key to economic and political evolution.

Trade Impasse: Trump Pledges $16B to Farmers as Markets Buckle
"Financial markets buckled Thursday on heightened tensions between the U.S. and China. The Dow Jones industrial average was down more than 400 points in afternoon-day trading. U.S. crude PLUNGED 6% on fears that the trade standoff could knock the global economy out of kilter and kill demand for energy.
[...]
" 'The president feels that China is paying for this program through the tariffs,' Perdue said.
[...]
"'The thought of the government taking my money and giving it to farmers as subsidies to support their loses [sic] doesn't sit well,' Foreman said by email. 'It's not fair to take money from a Florida company to support an Iowa farmer! Farmers don't want welfare. I'm sure they, like us, just want open free markets to trade in!'"

UK, Japan Mobile Operators Suspend Huawei 5G Phone Launches
"The Trump administration's order last week cuts Huawei's access to American chips and Google, which makes the Android operating system and services for its smartphones."

Xi Jinping calls for ne 'Long March' in dramatic sign that China is preparing for a protracted trade war
Sun Tzu.X.24

Diversity is the key to economic and political evolution.