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I guess on a simple level with both countries being more protectionist, this could lead to a disruption on global growth and subsequently trade finance in the global supply chain.Weaker growth could cause wider trade credit insurance claims. Companies most affected may have to pay more to insure their transactions or look at alternative financings. Businesses would have to re-evaluate their existing trade credit policies to look for any exclusions, for example.
I guess on a simple level with both countries being more protectionist, this could lead to a disruption on global growth and subsequently trade finance in the global supply chain.
Weaker growth could cause wider trade credit insurance claims. Companies most affected may have to pay more to insure their transactions or look at alternative financings. Businesses would have to re-evaluate their existing trade credit policies to look for any exclusions, for example.