Rating Agency Developments

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Orrick - Structured Finance Group

On May 16, DBRS released a commentary titled U.S.-China Relations: Tariffs Accelerated, Negotiations Stalled. The Office of the United States Trade Representative (USTR) increased tariffs to 25% on $200 billion worth of Chinese goods and is working on raising tariffs on all remaining imports from China. Commentary.

On May 16, DBRS launched its fourth annual European Structured Finance and Covered Bond Survey. The invitation for responses is open to all market participants. Release.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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