Trump's trade war is prompting farmers to put off big ticket purchases, and it's another sign of the pain the tariffs are causing (DE)

American farmers are tangibly deferring equipment purchases as a result of the ongoing trade war between the US and China, Deere & Co says. As the prolonged trade war between the US and China continues, American farmers are tangibly deferring equipment purchases, according to agriculture machinery manufacturer Deere & Co. Trade frictions "have weighed on market sentiment and caused farmers to become more cautious about making major purchases, " Deere CEO Samuel Allen said Friday in his company's first-quarter earnings release, adding that its results were hurt by customer concerns over tariffs and trade policies.
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