# Trump-Vance ticket confirms populist, protectionist tilt of GOP | Agri-Pulse Communications, Inc.

> Trump's selection of Ohio Senator JD Vance as running mate reinforces a protectionist GOP platform, including proposed across-the-board tariffs and higher China duties. House Agriculture Chairman Thompson voiced concern that farmers would bear retaliatory tariff costs and pushed to suspend CCC payment authority.

- Date: 2024-07-17 · published 2024-07-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/29254-trump-vance-ticket-confirms-populist-protectionist-tilt-of-gop-agri-pulse
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Heightened risk of renewed tariffs and retaliation threatens US soybean and corn export demand, a bearish factor for feed grains and meals if implemented.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-01 | [Cheers for USMCA, but ag concerns persist \| 2020-06-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52082-cheers-for-usmca-but-ag-concerns-persist-2020-06-30-agri-pulse-communications.md) | +1.2% | +0.8% |
| SOY | 2024-12-09 | [Tariffs, competition cloud future of China ag exports \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14699-tariffs-competition-cloud-future-of-china-ag-exports-agri-pulse-communications.md) | -0.6% | -0.2% |
| SOY | 2023-12-13 | [House panel calls for targeting China with tariffs, protecting ag from retaliation \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14794-house-panel-calls-for-targeting-china-with-tariffs-protecting-ag-from.md) | -0.8% | -7.0% |
| SOY | 2021-11-24 | [Legislators call for Biden to act on Mexico's noncompliance with biotech provisions \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44037-legislators-call-for-biden-to-act-on-mexico-s-noncompliance-with-biotech.md) | -3.5% | +4.4% |
| SOY | 2024-05-30 | [Daybreak: Trade deficit grows as China sales weaken \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14752-daybreak-trade-deficit-grows-as-china-sales-weaken-agri-pulse-communications-inc.md) | -3.0% | -5.1% |
| 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% |
| CORN | 2020-07-01 | [Cheers for USMCA, but ag concerns persist \| 2020-06-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52082-cheers-for-usmca-but-ag-concerns-persist-2020-06-30-agri-pulse-communications.md) | +1.9% | -4.5% |
| CORN | 2023-04-05 | [Mexico makes its case against GM white corn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36381-mexico-makes-its-case-against-gm-white-corn-agri-pulse-communications-inc.md) | -0.1% | -2.2% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/21376-trump-vance-ticket-confirms-populist-protectionist-tilt-of-gop

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