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Stock impact report

Analysis-US farmers back Trump but face pain from China tariff threats [Yahoo! Finance]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: Yahoo! Finance
Trump's Republican party enjoys wide support across the U.S. farm belt, where he won most states in Tuesday's election. Farmers typically back him even though the U.S. agriculture sector was one of the hardest hit during the U.S.-China trade war that Trump fought during his first administration. China targeted the U.S. farm community with retaliatory tariffs on imports of American agricultural goods, after Trump imposed tariffs on a wide range of goods from China. U.S. soy exports to China have never recovered - in fact, China has slashed its dependence on U.S. farm goods since the 2018 trade war. Farmers and two potential contenders for the position of Trump's agriculture secretary say they want his administration to focus on boosting U.S. exports and crafting trade deals to help revitalize the sector. "We really need to get out there and represent the U.S. products and make sure that we get some sales on the books," said Kip Tom, an Indiana corn and soy farmer who served as a Show less Read more
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