The US-China trade war has contributed to a slowdown in capital spending at Bunge, the global agricultural trader with a large presence in the American farm belt.
Escalating tariffs have redirected world flows of soyabeans. China now favours Brazil over the US as it meets its 100m tonnes of demand.
Bunge, the world’s largest oilseed processor, has crop export assets in both North and South America. But the trade dispute has complicated the company’s decision-making on where to invest further, Greg Heckman, chief executive, said in an interview at the company’s headquarters on Tuesday.
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