# Insights | Trump Administration’s First Major Statement On Foreign Trade Affects Agriculture

> The USTR released the Trump administration's 2017 Trade Policy Agenda and 2016 Annual Report on March 1, promising to reduce foreign trade barriers that block U.S. agricultural exports. The document cites high tariffs and non-tariff barriers imposed by trading partners.

- Date: 2017-03-07 · published 2017-03-07T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/71991-insights-trump-administration-s-first-major-statement-on-foreign-trade-affects
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A stated push to open export markets and challenge foreign barriers adds upside for US grain and oilseed exports if followed by concrete deals, but the agenda itself is a policy statement without immediate tariff changes.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-04 | [Trump delay on China trade action good news for agriculture](https://feedsoft.ai/events/69324-trump-delay-on-china-trade-action-good-news-for-agriculture.md) | -2.1% | -1.5% |
| SOY | 2019-12-10 | [Secretary Perdue Statement on USMCA Agreement \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/55546-secretary-perdue-statement-on-usmca-agreement-usda-foreign-agricultural-service.md) | +2.8% | +4.6% |
| SOY | 2018-09-02 | [U.S., Mexico reach agreement on key trade provisions - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63004-u-s-mexico-reach-agreement-on-key-trade-provisions-agweek-1-source-for.md) | +0.1% | +3.0% |
| SOY | 2023-10-24 | [China signs US agriculture purchase agreements in first ceremony in years](https://feedsoft.ai/events/14802-china-signs-us-agriculture-purchase-agreements-in-first-ceremony-in-years.md) | -0.3% | +6.3% |
| SOY | 2018-01-31 | [Make Agricultural Trade Great Again \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/66973-make-agricultural-trade-great-again-farm-bureau-intel-markets-american-farm.md) | -1.4% | +4.5% |
| CORN | 2019-12-10 | [Secretary Perdue Statement on USMCA Agreement \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/55546-secretary-perdue-statement-on-usmca-agreement-usda-foreign-agricultural-service.md) | +4.3% | +3.9% |
| CORN | 2018-09-02 | [U.S., Mexico reach agreement on key trade provisions - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63004-u-s-mexico-reach-agreement-on-key-trade-provisions-agweek-1-source-for.md) | +0.9% | +1.1% |
| CORN | 2018-07-11 | [Trade War Repercussions for U.S. Agriculture](https://feedsoft.ai/events/63896-trade-war-repercussions-for-u-s-agriculture.md) | +0.5% | +9.5% |

## Sources

- dorsey.com: https://www.dorsey.com/insights/trump-administrations-first-major-statement-on-foreign-trade-affects-agriculture

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