# Trump tariffs would harm all involved, US trade partners say

> US trade partners and business groups warned that Trump's proposed tariffs on Canada, Mexico and China would harm all sides. Mexico's president planned a letter to Trump and sought a call.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/27635-trump-tariffs-would-harm-all-involved-us-trade-partners-say
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Broad tariffs on key US farm buyers threaten export demand for corn and soybeans and could pressure futures.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-07 | [Will more Trump tariffs hurt or help U.S. farmers?](https://feedsoft.ai/events/29760-will-more-trump-tariffs-hurt-or-help-u-s-farmers.md) | +5.6% | -4.9% |
| CORN | 2025-02-06 | [US farmers could permanently lose key markets amid Trump's tariffs diplomacy: trade \| S&P Global](https://feedsoft.ai/events/14685-us-farmers-could-permanently-lose-key-markets-amid-trump-s-tariffs-diplomacy.md) | +1.4% | -7.2% |
| CORN | 2025-04-10 | [Trump, tariffs and farmers : NPR](https://feedsoft.ai/events/25114-trump-tariffs-and-farmers-npr.md) | +3.1% | -3.3% |
| CORN | 2019-08-01 | [Trump escalates trade war with more China tariffs](https://feedsoft.ai/events/8497-trump-escalates-trade-war-with-more-china-tariffs.md) | -3.0% | -7.6% |
| CORN | 2024-11-27 | [Trump's threatened tariffs could raise farmer costs \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/6066-trump-s-threatened-tariffs-could-raise-farmer-costs-agri-pulse-communications.md) | -0.1% | +6.2% |
| SOY | 2018-11-30 | [Factbox: Tariff wars - duties imposed by Trump and U.S. trading partners \| Reuters](https://feedsoft.ai/events/61935-factbox-tariff-wars-duties-imposed-by-trump-and-u-s-trading-partners-reuters.md) | +3.3% | -0.5% |
| SOY | 2024-06-07 | [Will more Trump tariffs hurt or help U.S. farmers?](https://feedsoft.ai/events/29760-will-more-trump-tariffs-hurt-or-help-u-s-farmers.md) | -0.9% | -2.1% |
| SOY | 2025-02-06 | [US farmers could permanently lose key markets amid Trump's tariffs diplomacy: trade \| S&P Global](https://feedsoft.ai/events/14685-us-farmers-could-permanently-lose-key-markets-amid-trump-s-tariffs-diplomacy.md) | -2.8% | -4.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/us-trade-partners-warn-trump-tariffs-would-harm-all-involved-2024-11-26/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.